Tagged: scotland

January 10, 2020 @ 7:15 am By Omar Faridi  |  

The number of financial technology (Fintech) companies operating in Scotland has reportedly increased by 60% over the past year. According to Fintech Scotland, there are 119 Fintech-focused businesses based north of the border, which is significantly greater than 72 financial technology companies from the previous… Read More

November 13, 2019 @ 8:35 am By JD Alois  |  

Online property finance platform LendInvest has announced the expansion of its services into Scotland. LendInvest will offer Buy-to-Let property financing as the “Scottish property market booms.” LendInvest states that recent research shows that property prices in Scotland have soared to an 11 year high, with… Read More

October 31, 2019 @ 12:07 pm By Omar Faridi  |  

London-based Fintech firm Modulr revealed on October 30 that it’s planning to invest most of its £20 million in funding in Scotland’s financial technology sector, in order to promote innovation and support the nation’s role as a leading tech hub. Modulr’s investment-related decision has come after… Read More

September 6, 2019 @ 1:36 pm By Samantha Hurst  |  

FinTech Scotland announced on Friday the launch of its new consumer panel to support fintech business development. According to FinTech Scotland, the panel will connect consumer and citizen advocate groups into the fintech ecosystem with the emphasis on citizen financial inclusion, problem-solving, and innovation.   “The… Read More

June 14, 2019 @ 12:42 pm By JD Alois  |  

Monax is a blockchain based platform that seeks to lead the sector regarding “digital legal infrastructure.” While finance may be the immediate focus for much of the blockchain industry, other early-stage firms are using the tech to improve a diverse sector of businesses. Edinburgh-based Monax… Read More

May 30, 2019 @ 8:33 am By Samantha Hurst  |  

FinTech Scotland announced on Thursday the fintech community in Scotland has now increased to over one hundred innovative firms focused on re-inventing financial services through new technology and data. According to the organization, this increase continues the momentum from the start of the year when… Read More

May 14, 2019 @ 8:09 am By JD Alois  |  

LendingCrowd, the only online lending platform based in Scotland, has launched two new features designed to boost diversification for investors’ portfolios. LendingCrowd states that investors in their Growth Account and Income Account, both available as an IFISA, can already create diversified portfolios of loans to… Read More

May 1, 2019 @ 12:55 pm By Samantha Hurst  |  

Royal Bank of Scotland (RBS) announced on Wednesday the launch of its online investment service. According to the banking group, the Royal Bank Invest offers customers an opportunity to invest online from  £50, on a self-select or Automated Advice basis. Customers will be able to… Read More

January 15, 2019 @ 10:57 am By Cali Haan  |  

A man who spent $2570 USD in Bitcoin buying a Glock 9 mm gun, a silencer and 150 rounds of ammunition on the Dark Net has been sentenced to five years in prison by a judge in Scotland, Bloomberg reports. David Mitchell, 48, whom the… Read More

December 11, 2018 @ 7:14 am By Erin Hobey  |  

IOHK, a blockchain research and development company, has introduced two new tools developed for writing smart contracts for use on the Cardano blockchain. Plutus and Marlowe launched in test format at the first (and currently live) PlutusFest conference in Edinburgh, Scotland. These tools aim to enable… Read More

October 29, 2018 @ 11:48 am By Samantha Hurst  |  

Crowdfunder UK, along with the support of nine Scottish LEADER areas, announced on Monday it is now supporting crowdfunding projects across Scotland through the new Crowdfund Scotland program. According to Crowdfunder UK, Crowdfund Scotland will provide coaching and support for projects in the nine participating… Read More

July 27, 2018 @ 12:00 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital recently announced the opening of the office for its Scotland team. According to the lender, the Scotland team has moved into new office premises based in the heart of Edinburgh. While sharing details about the new location, John Hewitt, who heads… Read More

June 29, 2018 @ 11:49 am By Samantha Hurst  |  

FinTech Scotland announced on Thursday its new board members, who will work with CEO Stephen Ingledew and the FinTech Scotland team to oversee the strategic plans for making Scotland a “top five” global fintech center. The board member announcement comes just one month after FinTech… Read More

May 26, 2018 @ 4:14 pm By Samantha Hurst  |  

Scottish crowdfunded brewery BrewDog announced this week it officially received the green light from the Brisbane City Council to begin construction on its $30 million brewery in Murarrie, Brisbane. According to the brewery, the development includes the construction of a 50hl, 3,000m2 brewing and canning… Read More

May 11, 2018 @ 10:15 am By Samantha Hurst  |  

On Friday, Fintech Scotland announced its inaugural chairman and its new strategic partners. According to the organization, these appointments were confirmed at the joint Scottish Government and industry Financial Services Advisory Board (FiSAB) meeting chaired by the First Minister, Nicola Sturgeon and Chair of Scottish Financial… Read More

March 29, 2018 @ 2:00 pm By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has been named founding partner of FinTech Scotland, which is described as a newly-established company tasked with promoting Scotland as a global fintech hub.  Since 2012, Avaloq reports… Read More

March 12, 2018 @ 11:49 am By Samantha Hurst  |  

UK law firm Harper Macleod announced on Monday it has joined forces with equity crowdfunding platform Crowdcube to bring equity crowdfunding benefits to more businesses in Scotland.  According to Harper Macleod, through this partnership, both organizations will co-operate to ensure equity crowdfunding is considered as… Read More

March 8, 2018 @ 10:04 pm By Samantha Hurst  |  

LendInvest announced on Thursday it has provided a £5.5 million loan to experienced borrower, Ross Harper, to fund the development of 24 new homes in Glasgow, Scotland. According to the online lender, the development finance loan is funding the conversion of a Grade II listed former… Read More

February 22, 2018 @ 9:38 am By Samantha Hurst  |  

Less than a year after securing more than $324,000 through crowdfunding platform Indiegogo for its upcoming Doghouse hotel at its U.S. brewery near Columbus, Ohio, crowdfunding brewing company BrewDog has announced a second hotel at its Scotland brewery. As previously reported, BrewDog stated that Doghouse… Read More

February 21, 2018 @ 12:31 pm By Samantha Hurst  |  

Last week, FinTech Scotland announced its first partnership with New Zealand fintech hub, FinTechNZ. According to the Scotland hub, FinTechNZ is The New Zealand Financial Innovation & Technology Association. It is a working group focused on delivering economic growth in New Zealand through financial innovation. Slightly… Read More