Scottish Fintechs present at Money20/20, Europe’s largest gathering of fintech innovation

FinTech Scotland and Scottish Development International (SDI), the international arm of Scottish Enterprise, have joined forces to bring a group of eight fintech firms to Money20/20 in Amsterdam from 6th to 8th June 2023.

Money20/20 is the largest fintech event in Europe bringing together over 7,500 attendees from over 2,300 companies coming from over 90 countries. Global leaders, new challengers, tech giants and the fastest-growing start-ups will get together for 3 days to explore opportunities and share knowledge, trends, expert insights, new ideas and make the connections to prepare for what’s coming next in the fintech ecosystem.

The Scottish consortium is part of a UK wide representation, connecting fintech SME’s peers, clients and investors from across Europe.

The coming together of this UK delegation continues to show the opportunity fintech represents for the UK economy. It also demonstrates the cohesiveness of UK fintech with representation from across the UK Fintech National Network involved. FinTech Scotland and SDI will be alongside other fintech hubs including FinTech Wales, FinTech North, Innovate Finance to name a few.

The eight Scottish fintech firms selected to showcase their innovative technologies at Money20/20 are Zumo, DirectID, Autorek, Modulr, BR-DGE, Level-E Research, Waracle and Teradata. They represent some of the best of what Scotland’s thriving fintech cluster has to offer and will showcase their cutting-edge solutions to a global audience.

The 8 fintech firms will provide practical demonstrations of their innovative solutions to investors and potential partners from across Europe at a spotlight event organised on the UK pavilion.

Commenting on the partnership, Nicola Anderson, CEO at FinTech Scotland, said: “We are delighted to see such a strong delegation of Scottish fintechs attending Money20/20. This is a fantastic opportunity for these companies to showcase their innovative solutions.”

“As FinTech innovation across the UK and Scotland continues to thrive, we can expect to see more exciting developments from this innovative sector in the years to come. International growth remains a strategic priority for fintech SMEs and we’re focused on partnering with SDI to deepen connections with priority markets”

Alongside the potential export opportunities for Scottish fintechs at Money20/20, SDI inward investment specialists will also be there to highlight the opportunities in Scotland for international companies considering global growth.

Scotland is now home to more than 220 homegrown and international fintechs, spanning the full spectrum of financial technologies from payments to blockchain, from open banking to regtech.

Reuben Aitken, Managing Director of International Operations at Scottish Enterprise, said: “With a rich history in financial services, internationally renowned universities and an innovative tech scene, Scotland’s fintech sector enjoys an incredibly strong global reputation.

“Money20/20 is Europe’s largest fintech event and we look forward to joining FinTech Scotland in showcasing the very best our fintech sector has to offer, opening doors for Scottish firms to international markets and delivering investment opportunities here in Scotland in the process.”