London. It's time to connect with Scotland.

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Why Scotland is the perfect home for London fintech companies

As the UK's second largest financial services hub, Scotland offers competitive costs, talented people and a growing fintech ecosystem.

Scotland remains home to a number of established global banks and financial institutions. Today they operate alongside domestic and international tech companies, disruptive fintech start-ups and a university sector at the forefront of global research and innovation.

How Scotland is driving a fintech revolution

Grow your London firm in Scotland

Top talent, lower costs

Scotland has the most financial professionals in the UK outside London. But operating costs are up to 40% lower.

For London-based fintech companies looking to grow their businesses, Scotland offers the perfect blend of skilled staff and lower costs.

From investment firms looking to reduce the costs of back office functions to banks looking to expand tech based projects, Scotland offers affordable skills, reduced office costs and fantastic connections to London and beyond.

Grow your London firm in Scotland

Connect with Scotland in the heart of London

Our London team is based at Scotland House. They can help you:

  • Find the right funding for your project
  • Identify the skills and talent you need
  • Train and develop staff
  • Connect with suppliers and partners
  • Find market opportunities

Get in touch

Scotland House, Scottish Development International's London base

A connected fintech ecoystem

Fintech is a priority sector in Scotland, driven by efficient collaboration between business, academia and industry bodies.

Organisations supporting fintech in Scotland include:

  • The Data Lab, an innovation centre helping companies make better use of data with three hubs across the country
  • CodeClan offers intensive software development courses with 150 graduates finding tech roles in the last 18 months
  • FinTech Scotland brings together universities, start-ups, large firms, investors, the public sector and more to energise Scotland's fintech landscape
  • Scottish Financial Enterprise, the representative body for the financial services industry

Scotland has five universities ranked in the world's top 200, attracting the UK's highest proportion of international students and producing over 10,000 graduates each year in mathematics, computer science and engineering & tech.

Our universities are home to leading experts and innovative research in a number of key areas, including:

  • Data
  • Cyber security
  • Artificial intelligence and machine learning
  • Blockchain

Established global companies, growing start-ups

Scotland has long been home to global financial services companies.

Today multinationals like RBS, J.P. Morgan and Standard Life Aberdeen share the landscape with fintech firms like Nucleus Financial, Lending Crowd and Free Agent.

With "unicorns" Skyscanner and FanDuel among more than 1000 tech firms based here and FDI continuing to flow in finance and technology, there's never been a better time to join our fintech sector.

Explore Scotland's fintech sector

Glasgow financial district

Global companies are thriving in Scotland

And it's thanks to our talented people.

"The primary reason... is talent. In Glasgow, we can tap into talent from the universities of Glasgow, Strathclyde, the West of Scotland and Edinburgh, amongst others. More recently, we’ve benefitted from a lot of European talent as well."

Stephen Flaherty, J.P. Morgan

J.P. Morgan in Scotland