FinTech Scotland is developing a business plan to develop the digital economy

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FinTech Scotland has unveiled its 10-year roadmap for research and innovation.

The plan comes in response to recommendations highlighted in the recent Kalifa FinTech Sector Review, which referred to Scotland as the second largest fintech cluster in the UK.

The roadmap will move the FinTech Scotland cluster forward in several ways, including:

  • Develop priority innovation themes such as financial inclusion, net zero and well-being.

  • Align research strengths and capabilities with innovation priorities and effectiveness.

  • Improve Scotland’s national and global reputation for fintech innovation.

  • Shape innovation challenges and influence future government innovation strategies.

The roadmap is developed in collaboration with the Global Open Finance Center of Excellence (GOFCoE) and together they have appointed Whitecap Consulting to take the initiative forward.

Nicola Anderson, Managing Director of FinTech Scotland, said: “The roadmap will further advance and develop the Scottish fintech cluster, providing insight and focus to accelerate fintech innovation. “

Richard Coates, Managing Director of Whitecap Consulting, added: “The development of FinTech Scotland’s roadmap requires us to use a combination of our core strength in strategy and planning, our extensive work in regional fintech ecosystems. from the UK and our experience working with and connecting key stakeholders in public, private and higher education organizations.

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