A series of fintech events have launched to support Scotland’s plan to create more than 20,000 fintech-related jobs and increase economic value to more than £2 billion over the next 10 years.
The series, created by FinTech Tables with support from FinTech Scotland and global law firm Pentecost Masonswill focus on collaboration and stakeholder engagement to assist the development and delivery of the newly published FinTech Scotland Research and Innovation Roadmap.
Fintech is on the rise in Scotland, with more than 200 fintech companies and increasing levels of investment. The R&I Roadmap lays the foundation for doing more – targets include creating an extra 20,000 fintech-related jobs and an increase in economic value from £598m to more than £2bn over the next decade.
The events, including industry roundtables and panel discussions, will provide a platform to discuss the four main pillars of the roadmap; financial regulation, payments and transactions, climate finance and open financial data.
An opening event is planned for September with speakers from Pinsent Masons, Auto rec and University of Strathclyde already lined up to discuss the role of technology and data in financial regulation.
Nicola Andersenchief executive of FinTech Scotland, said: “This series of Roadmap events continues to demonstrate the demand and ambition across Scotland to play a leading role in shaping the future of fintech innovation, enabling the future of finance that will serve the needs of citizens and businesses while we continue to see the digital economy grow and emerge.
Fintech innovation in Scotland is already showing a future that can deliver 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 around 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 whole ecosystem to come together and work for the good of the cluster and the people of Scotland as a whole.
“This first-of-its-kind series of events 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”