Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, has become a founding partner of FinTech Scotland, a newly-established company tasked with promoting Scotland as a global fintech hub. Avaloq has had a significant presence in Scotland since 2012, with Edinburgh being home to one of its global Research & Development Centres.
FinTech Scotland was launched to drive growth and employment and position Scotland as a financial services technology centre of excellence. The organisation was registered in the summer of 2017 and its CEO, Stephen Ingledew was appointed in January this year.
Avaloq has had a significant presence in Scotland since 2012, with over 100 staff based in its growing Edinburgh research & development centre. Together with around 30 more staff in London, almost a quarter of Avaloq’s employees outside Switzerland are based in the UK.