KPMG UK has announced its partnership with FinTech Scotland, the organisation dedicated to advancing Scotland’s financial technology ecosystem. This collaboration aims to fuel innovation, accelerate growth, and promote the adoption of cutting-edge technologies across the Scottish fintech sector.
By joining FinTech Scotland’s expansive network, KPMG UK will contribute its global expertise and insights to a dynamic cluster of over 250 fintech SMEs, 35 financial and professional services institutions, leading universities, regulatory bodies, and technology enterprises.
Advancing Fintech Leadership in Scotland
Scotland has emerged as a pivotal hub for fintech innovation, and KPMG’s involvement will enhance the cluster’s reputation as a global leader. Leveraging its experience in transformative technologies such as AI, Distributed Ledger Technologies (DLT), and Open Finance, KPMG UK aims to address industry disruptions and foster purposeful innovation.
Ann Devine, Partner at KPMG UK, highlighted the significance of the partnership:
We’re thrilled to work alongside FinTech Scotland and deepen our engagement with firms in this thriving sector. Scotland’s fintech ecosystem is vital to UK innovation, and this collaboration underscores our commitment to supporting local businesses and driving progress in the region.
Driving Financial Inclusion and Economic Growth
KPMG’s collaboration with FinTech Scotland also focuses on promoting financial inclusion and supporting the scale-up of innovative businesses that contribute to Scotland’s economic and societal advancements.
Nicola Anderson, CEO of FinTech Scotland, expressed optimism about the partnership:
KPMG UK’s global expertise enhances our shared mission to drive innovation, collaboration, and growth. Together with the vibrant Scottish fintech community, we’re confident in accelerating progress that benefits businesses and society alike.
Supporting a Thriving Ecosystem
The combined efforts of FinTech Scotland and KPMG UK promise to strengthen Scotland’s position as a world-class fintech cluster. This partnership reflects a commitment to fostering innovation, building collaborative relationships, and ensuring the continued growth of the sector.
Scotland’s fintech ecosystem is set to thrive further, establishing itself as a global benchmark for innovation, inclusivity, and sustainability.
—————————————————————————————————
About Innovation Streets:
Welcome to InnovationStreets.com! Get the latest insights from the finance and technology industries. Discover industry updates on fintech innovations, regulatory developments, industry insights, events, and collaborations between banks, insurers, and fintechs. A platform for C-level executives to submit thought leadership content for their peers. Subscribe for updates!