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FinTech Scotland Takes Off for New York to Showcase Innovation and Strengthen US Relationships

FinTech Scotland, the industry body boosting the fintech economy in Scotland, is sending a delegation of Scottish fintech firms to New York, in collaboration with the UK Department for Business and Trade (DBT).

Led by Nicola Anderson, CEO of FinTech Scotland, the organisation will be joined by representatives from Terrapin, Tindeco, GrandBequest, as well as Broker Insights, to participate in New York Tartan Week and New York FinTech Week, representing the dynamic Scottish fintech sector on the global stage.

Nicola Anderson, CEO of FinTech Scotland
Nicola Anderson, CEO of FinTech Scotland

As part of the Tartan Week celebrations, DBT, FinTech Scotland and Scottish Financial Enterprise (SFE) hosted a fintech reception on 4 April 2024. The event looked to celebrate and strengthen the financial relationship between Scotland and the US.

During New York FinTech Week, FinTech Scotland and the four accompanying fintech firms have the opportunity to engage in a series of strategic activities aimed at raising their international profile and exploring the US market.

Activities include participating in reverse pitching sessions, a unique opportunity where investors pitch to fintech companies, roundtable discussions, meetings with investors and banks, as well as various speaking engagements.

Nicola Anderson commented: “Our participation in Tartan Week and New York FinTech Week is a fantastic opportunity to highlight fintech innovations and expertise within the Scottish fintech cluster. We are excited to collaborate with our strategic partners PwC and the UK Department for Business and Trade to facilitate meaningful connections and explore new avenues for growth in the US market.”

ShowcasingScottish fintech in the US
John Lamont, UK Government Minister for Scotland
John Lamont, UK Government Minister for Scotland

UK Government Minister for Scotland John Lamont also attended the fintech reception as part of his visit to New York for Tartan Week, and said: “The UK Government wants to harness the immense potential of our transatlantic partnership and encourage US businesses to explore the exciting possibilities Scotland offers in the fintech sector.

“It’s fantastic that four Scottish companies will be attending New York FinTech Week to showcase their dynamic and innovative work. By collaborating with our US partners, we can encourage growth to create more highly-skilled jobs and opportunities.”

Participation in these events also reaffirms FinTech Scotland’s commitment to fostering international collaboration and showcasing the Scottish fintech cluster’s strengths. The delegation’s presence in New York represents a significant opportunity to create ties between the Scottish and US financial services sectors, promoting cross-border innovation and business opportunities.

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