UK fintech rockets to £24 billion valuation after fundraising round
A UK digital banking app is worth £24 billion after its latest funding round – making it the nation’s most valuable private tech startup ever. London-headquartered Revolut, which has more…
70% of Scottish financial services staff want two days maximum in the office post-Covid
The vast majority of Scottish financial staff – 70 per cent – would prefer to work two days maximum per week in the office following the pandemic, according to new…
Edinburgh fintech firm seals multimillion-pound investment to launch ‘groundbreaking’ AI tool
An Edinburgh financial technology company has secured an investment of £1.1 million to launch a “groundbreaking” artificial intelligence (AI) platform for speech analytics in business. Aveni Detect uses the latest…
Scottish insurance technology startup plots US expansion after doubling revenue in one year
A Dundee-based insurance technology startup backed by one of Scotland’s most well-known tech entrepreneurs is gearing up for US expansion after it doubled revenue to £2.25 million in its second year…
FinTech Scotland launches roadmap to encourage economic growth
A new roadmap to support the growth of Scotland’s digital economy and the development of financial technology is being launched by a leading financial organisation. FinTech Scotland, a not-for-profit which…
Scotland classified as ‘large and established’ cluster in new UK Government fintech report
Scotland hosts the third largest volume of fintech companies in the UK according to a new government report. The Edinburgh to Glasgow corridor has been identified as one of the…
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Why we’re at a crossroads on the journey to net zero
The SCDI blueprint outlines opportunities for a collaborative green industrial revolution The Scottish Council for Development and Industry’s 2030 Blueprint, Making a Good Living, with its positive outlook and ambition for, among other things, clean energy and decarbonisation, arrives at a critical point in Scotland’s journey to net zero. Resilience needs to be built into our…
Ups and down of a rollercoaster corporate year
It’s been something of a roller coaster ride this year in Scotland’s corporate and M&A sector. That’s hardly surprising given the huge disruption caused by Covid-19. However, it hasn’t been…
Why green recovery is the best hope
Post-coronavirus focus must be on efforts to tackle climate change