Scotland Showcases Fintech Leadership at Money2020

Scotland’s thriving fintech cluster is set to showcase its growth at Europe’s largest fintech conference. Ten scaling fintech SMEs will showcase their businesses as they look to expand into new markets. With this force of fintech innovation, Scotland is showcasing the country’s thriving fintech cluster on a global stage.

This initiative, led by Scottish Enterprise and FinTech Scotland is a testament of Scotland’s fintech cluster’s exceptional growth which is seeing over 30% of its scaling-up companies exporting or ready to grow internationally.

Such a presence at one of the largest global fintech conference continues to signal Scotland’s growing reputation as a world-class fintech cluster, in line with the Scottish Government’s National Innovation Strategy which highlights fintech as a key sector for the country.

The Scottish pavilion will showcase the following companies:

• Aveni – AI-driven technology transforming financial advice compliance
• BigSpark – Next-generation data analytics and orchestration
• CreditNature – Focused on nature-positive credit risk and biodiversity
• docStribute – Secure digital document distribution
• Recast – universal media wallet to access media on a pay-per-view basis.
• Encompass – Global leader in KYC automation and digital onboarding
• Inicio –AI for ethical and accessible consumer finance journeys
• Korelabs – Product intelligence for financial services
• Transwap – Business accounts for the unbanked. Payment infrastructure for banks and fintechs
• OneBanx – Banking access for underserved communities

Delegates are invited to meet the companies and Scotland’s cluster leadership team at Pavilion 1F10.

Nicola Anderson, CEO of FinTech Scotland, said:

“We’re delighted to showcase the FinTech Scotland Cluster at Money 2020 and looking forward to expanding fintech growth with European partnerships.  The strength of fintech innovation and growth in Scotland is demonstrated in the growth of the fintech SMEs and the businesses attending Money 2020.  It’s a testament to the strength of Scotland’s cluster and the continued collaborative environment that drives innovation and commercial outcomes.”

Lorraine Anderson, who leads Scottish Enterprise’s Global Trade team for Fintech, said,

“Scotland’s fintech sector continues to go from strength to strength, with Money 20/20 providing an ideal platform for ambitious Scottish businesses to showcase their offerings.

“Fintech is a key area of focus at Scottish Enterprise and plays a vital role in transforming our economy through companies scaling-up, creating high value jobs and competing internationally.”