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FinTech Scotland and FinTechNZ establish a partnership

Another first

Things are moving at pace at FinTech Scotland in 2018.
Only 4 weeks ago we were welcoming our first CEO, last week we launched our first newsletter and this week we are delighted to let you know about our first partnership with another fintech hub, FinTechNZ.

So who are FinTechNZ?

FinTechNZ is The New Zealand Financial Innovation & Technology Association. They are a working group focussed on delivering economic growth in New Zealand through financial innovation. Slightly older than FinTech Scotland they have a member base of just over 100.
They work closely with the New Zealand government to offer guidance on policies and regulations.

Why this partnership?

At FinTech Scotland we are keen to develop a network with other international hubs. Several reasons are motivating us in doing so and they are all aligned with our core values:

  • Inclusion. We are very much open to the world. Other hubs aren’t competition but partners we are keen to include in our network. For our innovative companies to succeed they will need to enter new markets and form partnerships along the way. We want to help them do just that by offering them facilities to expand globally.
  • Collaboration. As we develop FinTech Scotland we want to be up to date with what’s happening around the world, identify collaboration opportunities and develop a unique offering.
  • Financial innovation. One of our goal is to establish Scotland as one of the leading hubs in the world. With so much innovation happening in Scotland we need to outreach to other countries and ensure our success stories are relayed around the world. We also believe this is the best way for us to attract fintechs and incumbents looking for a new base as well as attract investors’ interest to fuel even more innovation.

What’s next?

We’ll keep you updated on this blog about opportunities that will arise from this partnership. We’ll also keep you up to date with future partnerships with other hubs.
As we grow our community we wish to offer you a digital community for you to interact with people around the world so stay tuned.

Appointment of FinTech Scotland’s CEO

At FinTech Scotland we’re proud about the fact that we’ve been created and managed by members of the eco-system through the Scottish Financial Enterprise Fintech Steering Committee. Being built from the ground up means that we’ve gained a great understanding about the needs of fintechs, established brands, academia and the public sector. We’ve now reached a stage to use that insight to take FinTech Scotland to the next stage and develop a strategy for the fintech sector in Scotland.

We’re delighted to announce the appointment of Stephen Ingledew as CEO of FinTech Scotland.
Stephen bring with him years of experience in the financial sector where he focussed amongst other things on implementing customer focused and technology enabled initiatives.

Stephen previously worked as senior executive for companies such as Standard Life and Barclays as well as small innovative financial enterprises He’s always been an influential advocate of making financial services more open, creative and inclusive to all through new innovative technologies, encouraging diversity and progressive ways of working as well as improved collaboration across stakeholders and participants.

Throughout his career Stephen has also occupied a number of non-executive director roles including with Scottish Financial Enterprise; The Institute of Financial Services; The Chartered Insurance Institute and The Financial Services Authority.

He is a frequent author of articles and regular contributor at major global conferences on subjects ranging from customer strategy and execution, fintech and insurtech innovation as well as business change leadership. He is currently a non-executive director of Marketing Edinburgh, the body responsible for promoting the region.

Our new `CEO will work closely with a broad range of stakeholders including members the fintech community through the FinTech Practitioners Forum, SFE’s Fintech Steering Committee, and our 2 HM Treasury envoys. Stephen has already indicated that he would focus his efforts on creating an integrated and thriving ecosystem through the provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders and connect Scotland to other global Fintech centres.

You will be hearing a lot more from Stephen in the coming weeks so stay tuned and subscribed to our newsletter.