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Scotland fintech raises EUR 24.6 funding boost

News | Online & Mobile Banking | 29 Jun 2020

Scotland fintech raised EUR 24.6 million in funding round to establish a Global Open Finance Centre of Excellence (GOFCoE) in the Edinburgh and Central Belt region.

fintech, Scotland, Global Open Finance Centre of Excellence, GOFCoE, Edinburgh, Central Belt, R&D, Open Banking, banking, data, UK Research and Innovation, Strength in Places Fund, University of Edinburgh, Financial Data and Technology Association, FDATA, Scottish Enterprise

Karma fintech secures Scottish Government backing for salary advance app

News | Payments General | 27 Apr 2020

UK-based fintech Karma, which offers interest-free salary advances, has been announced to be launched worldwide after a successful trial in Scotland.

Karma, Scottish Government, fintech, UK, United Kingdom, interest-free, salary advances, Karma app, fintech cluster, University of Edinburgh, Bayes Centre, artificial intelligence, Tesco, Asda, Morrisons, Waitrose, Amazon, Fortunis Capital, social investor