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Fife, Scotland’s Payments capital

Within the Fintech Scotland ecosystem, Fife plays a crucial role, particularly in the payments sector. Payments is the leading category in fintech investment worldwide, and Fife has earned the title of Scotland’s Payments Capital. The region’s contributions to digital payments and transfer systems are rooted in entrepreneurial innovation that originated from the electronics industry. Companies like Fortronic and Level 4 Software laid the foundations for the payment industry, and their legacy continues to influence the sector today. Fife’s fintech cluster has achieved global reach through mergers and acquisitions, which have recognised and maintained the region’s pool of skills and experience. This has solidified Fife’s reputation as a hub for payment technology and innovation.

 

Economy

City Deal

City Deal

Fife plays a pivotal role in both the Edinburgh and South East Scotland and Tay City Deals by driving economic growth and development.

As part of these initiatives, Fife contributes to regional collaboration, innovation, and infrastructure improvements. The area leverages its strategic location and diverse resources to enhance connectivity, support business expansion, and create job opportunities, ultimately fostering a thriving and sustainable economy within the broader region.

Skills

Skills and Talent in Fife

Skills and Talent in Fife

Fife boasts a highly skilled and talented workforce, particularly in the financial and business sectors. The region benefits from the presence of Fife College, which offers specialised courses and training programs tailored to industry needs, and the prestigious University of St Andrews, known for producing top-tier graduates in various disciplines.

This combination ensures a steady supply of well-educated and capable professionals, making Fife an attractive location for businesses seeking to leverage local expertise and innovation.

Living

Life Work Leisure: Discover Fife

Life Work Leisure: Discover Fife

To attract top talent, companies need to offer excellent working conditions and a high quality of life. Fife delivers on both fronts.

  • Affordable Living: Living and working in Fife means lower housing costs and shorter commutes, making it an ideal place to raise a family.
  • Business-Friendly: Employers benefit from high-quality, affordable accommodation, significantly cheaper than in Edinburgh.
  • Community and Leisure: Fife’s villages, towns and the city of Dunfermline offer a friendly community atmosphere. For leisure, there’s something for everyone—from outdoor activities and motorsports to sailing, theatres, galleries, and enjoying local food and drink. And, of course, there’s world-class golf at St Andrews!

Choose Fife for a balanced and fulfilling life, work, and leisure experience.

Ingenico

Success Story

Ingenico, located in Dalgety Bay, Fife, has established itself as a global leader in seamless payment solutions. The company provides smart, trusted, and secure payment systems for various channels, including in-store, online, and mobile.

Ingenico’s presence in Dalgety Bay has contributed significantly to the local economy and technological advancements. In 2022, Ingenico UK Ltd was acquired by Apollo Global Management, further strengthening its position in the market. Today, Ingenico continues to innovate and expand its offerings, maintaining a strong local and global presence.

Dedicated Support for Your Business Growth

InvestFife

InvestFife is dedicated to working with businesses to help them grow and succeed. We are driven by our ethos of helping promote Fife as ‘the best place to do business’. Please connect with our team if you are looking for information or support around investing in Fife.

For further information, please visit  https://www.investfife.co.uk/ or drop us an email at Fifemeansbusiness@fife.gov.uk.

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The fintech community

We enable fintech companies of all sizes to start, scale up, develop and prosper