FinTech Scotland, the independent body to promote the fintech community and cluster in Scotland, has partnered with FinTech Alliance, a platform that seeks to unite both UK and global fintech sectors.
The partnership will see FinTech Scotland join FinTech Alliance’s all-encompassing platform and support the continued growth of the sector. The pair will collaborate on a number of initiatives, including global development and engagement with investors.
As part of the partnership, FinTech Scotland will benefit from the support of FinTech Alliance in developing a programme of events, roundtables and discussions for next year’s Scottish Fintech Festival in September.
FinTech Alliance will promote FinTech Scotland’s content and activity on its microsite and across its social media platforms and newsletters.
It will also work to keep the Scottish fintech community at the forefront of the ecosystem by regularly profiling Scottish fintechs on its platform, which will help build on Scotland’s recent recognition as a fintech cluster centre of excellence.
In addition, as a result of the partnership, Scottish fintechs will be able to benefit from unique offers from the FinTech Alliance. They will be able to highlight their news and insight via FinTech Alliance’s platform, connect with investors and talent, and keep abreast of the latest policy and regulation.
New features and initiatives are being added to FinTech Alliance’s platform on a regular basis, including a Diversity Hub and Mentoring Hub which seek to build a more inclusive Fintech space and offer support to those wishing to build a career in the sector.
Stephen Ingledew, CEO, FinTech Scotland, added: “This partnership is a further example of driving FinTech innovation through collaborative relationships.
“We’re impressed by the progress made the Phil and the team in a short space of time and with our shared values of inclusion and diversity combined with a global mindset we aim to accelerate initiatives to support FinTech enterprises.”
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Since its launch in mid-2019, a number of high-profile companies have signed up to the FinTech Alliance platform, including Revolut, Level39, OakNorth and Virgin Money, as well as leading Scottish FinTech firms, including Direct ID and Modulr.
Phil Vidler, CEO, FinTech Alliance, said: “It’s both exciting and important to have FinTech Scotland on board. Under Stephen’s stewardship, FinTech Scotland has achieved brilliant things as a strategic enabler to some prominent FinTechs in the UK, and has become the true backbone of Scottish FinTech.
“This partnership cements FinTech Alliance’s commitment to, and support for, all firms across the UK. It also underlines the real spirit of collaboration we are seeing in the FinTech sector – one that will help all involved grow and prosper.”