Driving Fintech Growth in Scotland
FinTech Scotland, in partnership with Scottish Enterprise, has announced today the appointment of corporate innovation firm Vivolution to support the drive of fintech growth in Scotland
FinTech Scotland, in partnership with Scottish Enterprise, has announced today the appointment of corporate innovation firm Vivolution to support the drive of fintech growth in Scotland.
One of FinTech Scotland’s strategic priorities is to support fintech firms’ growth and innovation by enabling access to funding and professional support services.
To deliver this, Vivolution has been appointed to lead a new Fintech Network Integrator service providing take to market and Investment sourcing services to fintech start-ups and scale-ups.
Specifically, Vivolution will be helping fintech firms from across Scotland to accelerate their potential in domestic and international markets as well as encouraging collaborations between financial services, start-ups, investors, regulators, industry and academia.
Commenting on this announcement, Stephen Ingledew said: “Scotland has got everything it takes to be one of the leading fintech hubs in the world and the appointment of Vivolution will further support the collaboration across the sector. We are looking forward to working closely with the team.”
Fintech director at Scottish Enterprise, Danny Cusick, added: “Our Network Integrator is a tried and tested model aimed at supporting the development of emerging or niche sectors. Through innovation and collaboration, Vivolution will work with Scottish Enterprise to help companies to maximise their growth ambitions and position Scotland as the location of choice for future Fintech investment.”
Mark Rodger at Vivolution, said: “We are delighted to be working with Fintech Scotland and Scottish Enterprise to help develop the eco system here in Scotland. Through their ongoing work to encourage and support emerging innovation and investment potential, there is a real opportunity to position Scotland as one of the leading centres for Fintech innovation, collaboration and growth – and we’re delighted to be playing a part in this.”
Media Contact: Mickael Paris – Marketing Director – firstname.lastname@example.org
Notes to editors
About FinTech Scotland
FinTech Scotland establishes collaboration between the private and public sector in order to meet the key national objectives of growth and employment which secure Scotland’s place as a leading Fintech centre at global level.
Fintech Scotland has been established by the Scottish Government, Scottish Enterprise, the financial services sector and University of Edinburgh to ensure that Scotland seizes the fintech opportunity and achieves critical mass in the sector by encouraging financial innovation, collaboration and inclusion as part of the country’s broader digital economy objectives.
FinTech Scotland is supported by global strategic partners involved with setting up the fintech ecosystem in Scotland. They are IBM, Dentsu Aegis Network, Pinsent Masons, Equifax, Deloitte and Sopra Steria.
The founding partners were the Scottish Government, Scottish Enterprise, The University of Edinburgh, HSBC, Avaloq and Lloyds Banking Group.
FinTech Scotland acts as a strategic enabler focused on leveraging the potential economic and social benefits arising from becoming a leading global centre focused on data driven fintech innovation.
About Scottish Enterprise
Scottish Enterprise is Scotland's national economic development agency. It aims to deliver a significant, lasting effect on the Scottish economy. Its role is to help identify and exploit the best opportunities for economic growth. It supports ambitious Scottish companies to compete within the global marketplace and help build Scotland’s globally competitive sectors. It also works with a range of partners in the public and private sectors to attract new investment to Scotland and to help create a world-class business environment.