FinTech Scotland Festival highlights data innovations image credit shutterstock

Building on the success of previous years, Scotland will welcome over 2,000 fintech professionals and enthusiasts from Scotland, the UK, and around the world. Specifically, the festival will bring together the dynamic and collaborative Scottish fintech community, showcasing its remarkable growth, innovation, and energy.

The programme kicks off with the Fintech Summit at Dynamic Earth in Edinburgh on 25 September.

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Spotlight on data innovations

The 2024 FinTech Scotland Festival will highlight data innovations revolutionising the fintech and financial industry. Notable examples include AI, Distributed Ledger Technologies, Open Finance, and new data sources aimed at achieving ESG objectives. The festival will feature various events, round tables, and panel sessions designed to support the growth and development of fintech companies.

Nicola Anderson, CEO of FinTech Scotland, said: “We are thrilled to launch the 7th edition of the FinTech Scotland Festival. Each year, the festival allows me time for reflection on the thriving nature of the Scottish fintech cluster and its achievements. This year’s programme is packed with events that will serve to inspire, educate, and foster collaboration across the industry.”

The FinTech Scotland Festival provides a unique platform for networking, learning, and innovation. It brings together industry leaders, startups, investors, and policymakers to discuss the latest trends and challenges in the fintech sector.

This year, Scottish fintech Appointedd, will be the official festival technology partner, providing their solution to allow attendees to book events. As official media partner, Digit will offer coverage of the festival through videos, articles and much more.

Registration is available via this link at www.scotlandfintechfestival.com

FinTech Scotland was founded in January 2018 as a joint initiative by University of Edinburgh, Lloyds Banking Group, HSBC and Scottish Enterprise. The organisation is now supported by a broad range of global financial services, technology and professional services firms as well as major universities, the Financial Conduct Authority and Scottish Enterprise.

FinTech Scotland announces companies selected for its Second Innovation Call: Shaping the Future of ESG in Financial Services

The FinTech Scotland’s Financial Regulation Innovation Lab has revealed the companies selected for its second innovation call. This is focused on shaping the future of ESG (Environmental, Social, and Governance) in financial services. The initiative has attracted innovative solutions from around the world dedicated to addressing crucial ESG challenges faced by the financial sector.

The Financial Regulation Innovation Lab is a pioneering initiative by FinTech Scotland, in partnership with the University of Strathclyde and the University of Glasgow. It aims to drive forward innovation in financial regulation in financial services.

For this innovation call, FinTech Scotland will be encouraging collaboration between fintech innovators and established financial institutions as well as leveraging research from universities to enhance the integration of ESG principles into financial practices, ensuring that the industry not only meets regulatory requirements but also contributes positively to society and the environment.

The call specifically targeted solutions that can help financial firms better manage their ESG responsibilities. The Lab’s focus areas include ESG reporting, risk management, data transparency, and sustainable investment strategies.

24 companies selected for the next stage of the initiative

  • ESG Disclose
  • RegArt
  • Snugg
  • Data Catalyst
  • ESG Stream
  • Pulse Market
  • Trade in Space
  • Siccar
  • Ciendos
  • Exponential Climate
  • Cogo
  • Frontierra
  • GoCodeGreen
  • Gaialens
  • MnAI
  • Verifoxx
  • Scott Logic
  • Portf.io
  • Agentic Workflow
  • Texpert
  • ESG360
  • Propeco
  • Zumo
  • Two Hands

Three-month escalation process, Demo day in September

The companies will now participate in a three-month escalation process. This phase is designed to help them refine their pitches and deepen their understanding of the ESG challenges experienced by the financial sector. The process will involve intensive mentorship, targeted workshops, and engagement with industry experts from EY, Morgan Stanley, Lloyds Banking Group, HSBC, Barclays, Phoenix Group, Sopra Steria, Equifax, Virgin Money and abrdn. The programme will culminate in a demo day scheduled for September 2024.