FinTech Scotland, the unbiased physique to advertise the fintech group and cluster in Scotland, has partnered with FinTech Alliance, a platform that seeks to unite each UK and world fintech sectors.
The partnership will see FinTech Scotland be part of FinTech Alliance’s all-encompassing platform and assist the continued progress of the sector. The pair will collaborate on a variety of initiatives, together with world improvement and engagement with buyers.
As a part of the partnership, FinTech Scotland will profit from the assist of FinTech Alliance in growing a programme of occasions, roundtables and discussions for subsequent yr’s Scottish Fintech Competition in September.
FinTech Alliance will promote FinTech Scotland’s content material and exercise on its microsite and throughout its social media platforms and newsletters.
It should additionally work to maintain the Scottish fintech group on the forefront of the ecosystem by often profiling Scottish fintechs on its platform, which can assist construct on Scotland’s current recognition as a fintech cluster centre of excellence.
As well as, because of the partnership, Scottish fintechs will be capable of profit from distinctive affords from the FinTech Alliance. They may be capable of spotlight their information and perception through FinTech Alliance’s platform, join with buyers and expertise, and maintain abreast of the newest coverage and regulation.
New options and initiatives are being added to FinTech Alliance’s platform regularly, together with a Variety Hub and Mentoring Hub which search to construct a extra inclusive Fintech area and supply assist to these wishing to construct a profession within the sector.
Stephen Ingledew, CEO, FinTech Scotland, added: “This partnership is an extra instance of driving FinTech innovation by collaborative relationships.
“We’re impressed by the progress made the Phil and the group in a brief area of time and with our shared values of inclusion and variety mixed with a worldwide mindset we intention to speed up initiatives to assist FinTech enterprises.”
Since its launch in mid-2019, a variety of high-profile corporations have signed as much as the FinTech Alliance platform, together with Revolut, Degree39, OakNorth and Virgin Cash, in addition to main Scottish FinTech companies, together with Direct ID and Modulr.
Phil Vidler, CEO, FinTech Alliance, mentioned: “It’s each thrilling and essential to have FinTech Scotland on board. Beneath Stephen’s stewardship, FinTech Scotland has achieved sensible issues as a strategic enabler to some outstanding FinTechs within the UK, and has change into the true spine of Scottish FinTech.
“This partnership cements FinTech Alliance’s dedication to, and assist for, all companies throughout the UK. It additionally underlines the true spirit of collaboration we’re seeing within the FinTech sector – one that can assist all concerned develop and prosper.”