FinTech Scotland showcases sector’s strengths in New York
Scottish fintech companies are making their mark on the global stage, with FinTech Scotland leading a delegation to participate in New York Tartan Week and New York FinTech Week.
Led by FinTech Scotland CEO Nicola Anderson, FinTech Scotland is accompanied by a select group of innovative Scottish fintech companies, including Terrapin, Tindeco, Grand Bequest, and Broker Insights. This delegation is organised in collaboration with the UK Department for Business and Trade (DBT) and aims to explore and establish transatlantic market opportunities.
The participation reaffirms FinTech Scotland’s commitment to fostering international collaboration and showcasing the Scottish fintech cluster’s strengths. The delegation’s presence in New York represents a significant opportunity to create ties between the Scottish and US financial services sectors, promoting cross-border innovation and business opportunities.
As part of the Tartan Week celebrations, DBT, FinTech Scotland and Scottish Financial Enterprise (SFE), hosted a reception on 4 April. The event was designed to celebrate and strengthen financial relationship between Scotland and the United States.
During New York FinTech Week, FinTech Scotland and the four accompanying fintech firms have the opportunity to engage in a series of strategic activities aimed at raising their international profile and exploring the US market. These include participating in reverse pitching sessions – a unique opportunity where investors pitch to fintech companies – roundtable discussions, meetings with investors and banks, and various speaking engagements.
Ms Anderson said: “Our participation in Tartan Week and New York FinTech Week is a fantastic opportunity to highlight fintech innovations and expertise within the Scottish fintech cluster.
“We are excited to collaborate with our strategic partners PwC and the UK Department for Business and Trade to facilitate meaningful connections and explore new avenues for growth in the US market.”
UK government minister for Scotland John Lamont attended the FinTech reception as part of his visit to New York for Tartan Week.
He said: “The UK government wants to harness the immense potential of our transatlantic partnership and encourage US businesses to explore the exciting possibilities Scotland offers in the FinTech sector.
“It’s fantastic that four Scottish companies will be attending New York FinTech Week to showcase their dynamic and innovative work. By collaborating with our US partners, we can encourage growth to create more highly-skilled jobs and opportunities.”