Financial services and fintech

Discover how Scotland, the UK’s largest financial centre outside of London, can help you grow your financial services company.

Did you know?

Scotland is one of the most accessible, well-connected and collaborative financial services hubs in Europe.

Up to 40% lower costs

for property and salary compared to London.

2000+ financial businesses

currently operate in Scotland.

84,000 professionals

employed by the financial services industry in Scotland.

One of Europe’s leading financial centres

And a hub of fintech talent

Scotland’s financial services community is made up of over 2,000 financial service businesses, both local and international.

A combination of innovation, talent and technology expertise has already attracted global names to Scotland and continues to fuel the growth of both our financial services sector and globally recognised fintech cluster.

With leading experts across a wide range of fields from data to blockchain, a highly skilled workforce and a truly supportive business environment, Scotland has all the resources to aid the growth of your financial business.

Why Scotland is a good fit for your financial services business

Join a community with innovation at its heart

Scotland's strength lies in its international reputation for innovation in financial services. Smart, profitable ideas flow from the broad mix of multinational firms based here, and from the diverse technology community that supports them.

Scotland's tech community is a hotbed of innovation, producing great ideas and solutions that can benefit your company. There’s never been a better time to find out how your business can benefit from its innovative spirit.

Read about Scotland's software and IT capability

Access the skills and talent you need

As well as some of the most business-friendly labour market regulations in Europe, Scotland also has a huge pool of talented employees already working in the market, including EU and global professionals with additional language skills. And with over 290,000 Scottish, EU and global students currently studying for careers in finance, this talent pool is always growing.

Scotland has some of the best universities and tech workforce in the world, with expertise across data, cyber security, quantum, blockchain, robotic process automation and artificial intelligence.

Digital skills support for businesses locating to Scotland

Benefit from ongoing support

With over 300 years of expertise in financial services, we know how to help businesses succeed. Our five-year plan for the financial services sector provides a strong set of initiatives to strengthen our industry. We can help you access funding, connect you to our global network of specialist advisers and offer business development advice.

Most of the world’s large professional services firms have offices in Scotland and you can access Scottish, UK and international law firms, offering financial sector expertise 'on the ground'.

We supported over 128 new foreign direct investment (FDI) projects in 2019-20, a 19% increase compared with the previous financial year. Of these, 39 were new investor projects choosing to locate in Scotland for the first time.

Read more about Scotland's FDI performance

More about how we can help

"Scotland is already well-known as a centre for fintech. Quite simply, it has the right ecosystem to nurture a company like Previse."

David Brown, Co-founder and Chief Product Officer at Previse

You’ll be in good company

Glasgow’s International Financial Services District (IFSD) is a highly attractive environment for local and overseas firms in finance and related sectors. As a pre-equipped business area, it is designed to allow fast-track occupancy by financial firms seeking a new UK location for their operations.

Since its launch in 2001, IFSD has welcomed investments and diversified developments from companies such as J.P. Morgan, Esure and Morgan Stanley. And existing employers such as Barclays and BNP Paribas have expanded their operations substantially.

Scotland's financial services expertise

What our investors say about Scotland

Barclays is transforming Glasgow

Global banking giant Barclays' brand new £500 million campus is a flagship development and a game-changer for the city.

Why J.P. Morgan chose Edinburgh

Back in 2015, J.P. Morgan selected Edinburgh to expand its areas of wealth management and investment banking. 

Why Previse chose Glasgow for R&D

Co-founder David Brown grew up in Scotland, but the decision to bring Previse home was driven more by talent than nostalgia.

Need help?

If you have a question about financial services and fintech opportunities in Scotland, our team of advisers can help.