A series of fintech events has launched to support Scotland’s plan to create more than 20,000 fintech-related jobs and increase economic value to more than £2billion over the next 10 years.
The series, created by FinTech-Tables with support from FinTech Scotland and global law firm Pinsent Masons, will focus on collaboration and stakeholder engagement to help the development and delivery of the recently published FinTech Scotland Research and Innovation Roadmap.
Fintech is on the rise in Scotland, with more than 200 fintech businesses and growing levels of investment. The R&I Roadmap sets out the foundations to do more – aims include creating 20,000 additional fintech related jobs and an increase in economic value from £598million to more than £2billion over the next decade.
The events, including industry roundtables and panel discussions, will provide a platform for discussing the four key pillars of the Roadmap; financial regulation, payments & transactions, climate finance, and open finance data.
An opening event is planned for September with speakers from Pinsent Masons, Autorek and the University of Strathclyde already lined up to discuss the role of technology and data in financial regulation.
Nicola Anderson, chief executive at FinTech Scotland, said: “This Roadmap event series continues to show the demand and ambition across Scotland to play a leading role in the shaping the future of fintech innovation, and enable the future of finance that will serve the needs of citizens and businesses as we continue to see the digital economy grow and emerge.
Fintech innovation in Scotland is already demonstrating a future that can drive better outcomes for us all. By building more collaboration and embracing our strengths, in innovation, finance, and technology, we will continue to play a leading role in advancing finance across the world.”
Ian Davey, founder of Fintech-Tables, added: “FinTech in Scotland is a movement and what makes this sector unique is the willingness and desire of the entire ecosystem to come together and work for the greater good of the cluster and people in Scotland as a whole.
“This first of its kind event series will provide a platform for engagement around the FinTech Scotland Research & Innovation Roadmap and an opportunity for the industry to take action as a group to help shape the future of Fintech in Scotland through collaboration, innovation and inclusion”