Celebrating Scotland’s FinTech Champions

On Wednesday evening, the Scottish FinTech Awards returned to Edinburgh, bringing together the Scottish fintech cluster for a night of recognition, networking, and inspiration. The awards, organised by Digit and held as part of the Scotland FinTech Festival and hosted at the EICC recognised organisations and individuals pushing the frontier of financial innovation in Scotland.

The breadth of categories underscores how far fintech in Scotland has matured, from climate impact and digital transformation to partnership models, RegTech, and AI/data usage. This year saw a threefold increase in terms of entries which reinforces the claim to being a meaningful a leading fintech cluster, alive, competitive, and attracting global attention.

In the last 12 months the FinTech Scotland cluster recorded 8 % year-on-year employment growth in 2024 and 11,300 people are now working in fintech across Scotland.

The winners

• FinTech of the Year: Loveelectric
• Climate & Environmental Impact: CienDos
• Best Start Up / New Entrant: Finspector
• Best Use of Data / AI: Aveni
• Digital Transformation: GoCodeGreen
• Financial Services Innovation: Mylo (Aegon)
• Financial Technology Partner: Snugg
• Outstanding Leader: David Ferguson (Seccl)
• Social Impact: Stellar Omada
• Special Recognition: Adam Betteridge (TSB)
• Evangelist: Sheetal Dash (Barclays)
• Best Fintech Collaboration: Level E Research & Aberdeen

Best RegTech Innovation of the year

At FinTech Scotland, we were particularly proud to see the RegTech Innovation award go to the Financial Regulation Innovation Lab (FRIL). It’s not just a win for FinTech Scotland but for the whole cluster as demonstrated by the diversity of people on stage to collect the awards from fintechs to established financial firms, from universities to FinTech Scotland colleagues.

The award is an affirmation of the vision behind FRIL and the collaborative approach we believe is essential to the future of regulation, compliance and consumer outcomes in financial services.