Maven Capital Partners has completed a profitable exit from Edinburgh-based QikServe through a sale to business management software provider The Access Group, for an undisclosed sum.
Scottish Friendly’s Family Finance Tracker has revealed that nearly half (46%) of women are opting to hold their long-term savings in a savings account, instead of more tax-friendly options such as a pension or ISA wrappers, compared to 39% of men.
Scotland’s FinTech Cluster celebrated the official opening of the Fintech Ward in the heart of the newly opened Edinburgh Futures Institute (EFI), with an event that also marked the launch of the much-anticipated FinTech Scotland Festival 2024.
The Financial Conduct Authority (FCA) is has announced plans to strengthen protection for customers of payments and e-money firms in case of business failure.
Scotland is aiming to position itself as a global centre for green and sustainable finance and investment, with Deputy First Minister Kate Forbes spearheading efforts to collaborate with financial institutions.
The ambitious restoration of an 18th-century stately home in Selkirk bequeathed for the benefit of the community by its former owner, Andrew Nimmo-Smith, is one step closer to completion, following a £600,000 funding boost from responsible finance provider Social Investment Scotland (SIS).
A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.
Bank of England Governor Andrew Bailey has played down expectations of interest rates returning to near zero, citing the need for significant economic shocks to justify such a move.
BlackRock, the global investment manager, has announced it is joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland.
Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime.