Thursday, June 20, 2024

MSP welcomes specialist ATM Fintech’s growth plans

Dunfermline and West Fife MSP Shirley-Anne Somerville met with senior staff and specialist software developers from leading fintech and payment specialist firm Renovite Technologies at their office in Dunfermline yesterday, October 1st, following a busy spell for the business.

Ms Somerville learned about the organisation’s plans for growth in Scotland in the months ahead, as well as the unique syllabus the company is developing with Fife College in payments software for the recently announced ‘Fintech Skills Academy’ which will launch early next year.

In August, the Scottish Government announced Renovite Technologies had received a £250,000 Regional Selective Assistance (RSA) grant from Scottish Enterprise to create 28 specialist roles, tripling the number of staff employed by the firm in Scotland.

Commenting, Dunfermline and West Fife MSP, Shirley-Anne Somerville said:

As a growing hub of technology and innovation, it’s welcome news that companies are continuing to find new ways tap into Dunfermline and West Fife’s huge economic potential.

Renovite’s growth plans, backed by their recently awarded Scottish Enterprise grant, will represent a substantial investment in the local economy, with the creation of new, highly skilled jobs.

I’m delighted to see the company working with Fife College to help create new skills bases in our local area. Investing in young people will pay dividends in years to come, developing a workforce ready to take the lead in the fields of science and technology.”

Jim Tomaney, chief operating officer, at Renovite Technologies said:

We are grateful to Ms Somerville for her support and for taking the time to find out more about our plans for the business. It’s been a good year for us and we are looking forward to taking on a healthy number of new staff in the months ahead.

In September, we launched Scotland’s first ‘Fintech Skills Academy’ with Fife Council and Fintech Scotland which will be kicking-off in Fife College early next year. Today, we were able to give Ms Somerville a preview of what we are hoping to teach students and potential employees that sign-up to our specialist payments course, enabling them to hit the ground running.

  1. Bank Execs See Attracting Gen Z As One Of The Biggest Challenges Of The Year Read more
  2. Pro Con Artist Cautions ‘No One Is Un-Scammable’ As Revolut Warns More Scams Reported Among Gen-Z And Millennials Than Boomers Read more
  3. Corpay to Acquire Cross-Border Payments Company Read more
  4. ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT Read more
  5. UK’s Global Fintech Community on Track for Further Integrity and Ethics Skills Boost with Innovate Finance and CISI Certificate in Ethical AI Partnership Read more