FinTech Scotland, the business physique boosting the fintech economic system in Scotland, is sending a delegation of Scottish fintech companies to New York, in collaboration with the UK Division for Enterprise and Commerce (DBT).

Led by Nicola Anderson, CEO of FinTech Scotland, the organisation might be joined by representatives from Terrapin, Tindeco, GrandBequest, in addition to Dealer Insights, to take part in New York Tartan Week and New York FinTech Week, representing the dynamic Scottish fintech sector on the worldwide stage.

As a part of the Tartan Week celebrations, DBT, FinTech Scotland and Scottish Monetary Enterprise (SFE) hosted a fintech reception on 4 April 2024. The occasion appeared to have a good time and strengthen the monetary relationship between Scotland and the US.

Throughout New York FinTech Week, FinTech Scotland and the 4 accompanying fintech companies have the chance to interact in a collection of strategic actions aimed toward elevating their worldwide profile and exploring the US market.

Actions embody taking part in reverse pitching periods, a novel alternative the place traders pitch to fintech firms, roundtable discussions, conferences with traders and banks, in addition to varied talking engagements.

Nicola Anderson commented: “Our participation in Tartan Week and New York FinTech Week is a implausible alternative to spotlight fintech improvements and experience throughout the Scottish fintech cluster. We’re excited to collaborate with our strategic companions PwC and the UK Division for Enterprise and Commerce to facilitate significant connections and discover new avenues for development within the US market.”

ShowcasingScottish fintech within the US

UK Authorities Minister for Scotland John Lamont additionally attended the fintech reception as a part of his go to to New York for Tartan Week, and stated: “The UK Authorities desires to harness the immense potential of our transatlantic partnership and encourage US companies to discover the thrilling prospects Scotland affords within the fintech sector.

“It’s implausible that 4 Scottish firms might be attending New York FinTech Week to showcase their dynamic and revolutionary work. By collaborating with our US companions, we are able to encourage development to create extra highly-skilled jobs and alternatives.”

Participation in these occasions additionally reaffirms FinTech Scotland’s dedication to fostering worldwide collaboration and showcasing the Scottish fintech cluster’s strengths. The delegation’s presence in New York represents a major alternative to create ties between the Scottish and US monetary providers sectors, selling cross-border innovation and enterprise alternatives.