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Scottish Government

The fintech sector in Scotland is one of the top priorities for the Scottish government. It fits within the bigger Data Driven Innovation agenda whose objective is to make Scotland the data capital of Europe to drive economic growth and job creation

A priority for the Scottish Government

The Scottish Government Riaghaltas na h-Alba

A priority for the Scottish Government

FinTech Scotland plays a pivotal role in aligning with the Scottish Government’s vision for innovation-driven economic growth, as outlined in Scotland’s National Innovation Strategy. FinTech is vital to Scotland’s economy, enhancing productivity and competitiveness while fostering sustainable and inclusive growth. As a strategic cluster body, FinTech Scotland drives collaboration between academia, industry, and government, ensuring Scotland remains a global leader in financial technology innovation. With financial services contributing significantly to Scotland’s economy, FinTech innovation underpins key objectives such as increasing high-value employment, supporting the transition to a net-zero economy, and improving digital infrastructure. By leveraging its dynamic ecosystem, FinTech Scotland is instrumental in transforming Scotland into a hub of technological excellence that meets national and global challenges.

Richard Lochhead

Richard Lochhead

Business Minister for Scotland

“Scotland has a long and rich history in financial services, and is now a leading player in cutting edge fintech – a strategically important sector in the 21st century, playing a key role in securing economic growth and jobs.

“The opening of the Fintech Ward at EFI and the launch of the FinTech Scotland Festival are clear signals of our continuing leadership in fintech innovation, further strengthening Scotland’s position as a global fintech hub.”