Scotland’s recruiters working with fintechs
Scotland’s fintech scene is getting more and more exciting. The local fintech startups have been growing and multiplying at a fast pace, increasing the number of fintech businesses by 60% in numbers. Scotland is becoming a leader in the fintech industry, based not only on the number of fintech startups but their success rate and demand from the public for more fintech services. There is still a lot that can be done to help boost the industry across the nation and it seems like Scotland fintech scene’s big break is just around the corner.
The U. K’s fintech scene has been developing at the fastest across Europe, and now there are many prominent examples of highly successful fintech startups that are operating from the U.K. Just to cite an example, recently InsideTrade.co reported that Revolut has become the most valued fintech out there.
Core-Asset Consulting is now looking to expand its fintech offering, and it plans to do so by joining forces with the tech recruiters across the nation. Core-Asset Consulting is a firm that operates in Scotland’s finance, accountancy, asset management, and legal industries and has an impressive portfolio of clients. Over the last year, the company has become more proactive towards its approach to the fintech scene and has set out a goal to incorporate the industry as much as possible into its day-to-day activities.
Exploring the potential of fintech for Scotland
This is an important move for all fintech startups and those thinking of getting into this industry because this means that the well-established companies are now seeing the potential that the fintech industry holds and want to become a part of it as soon as possible. It will not only help to create more opportunities for the new startups but it will also help with establishing the industry as a legit source of growth and income that holds real potential for the future of finance.
Every major company in Scotland is either building a team of tech professionals or already has one up and going. Hundreds of new jobs might be appearing across Scotland, as the nation aims to become a tech hub.
Core-Asset’s move was no coincidence either. When speaking with the media, founder and managing director of the company, Betsy William pointed out that the recent changes to contracting law made the company a great fit for smaller recruiters. The changes will directly affect the areas where small specialist tech recruiters do the most work. Because of this update, the demand for companies like Core-Asset will be increasing, hence the requirement to take advantage of the opportunity to make the collaboration between Core-Asset and fintech much easier.
Another important development that made this decision easier for Core-Assets was the recently signed partnership between FinTech Alliance and Fintech Scotland, which will make making connections between different fintech across countries and within the U.K much easier.
It looks like Scotland is creating an environment where fintech can develop at a much faster pace and well-established companies are trying to help out newer ones along the way.
There is a lot of potential in this industry and it could become one of the main sources of income from Scotland.