FinTech

FinTech
From left: Orca co-founders Iain Niblock and Jordan Stodart. Picture: Contributed

Orca to launch new ISA after funding boost

An Edinburgh fintech has landed close to £600,000 in fresh funding to deliver its ambitious development plans, including the launch of a “first of its kind” individual savings account (ISA) in the new year.

Financial
The new bear market in the cryptocurrency world has cost many armchair investors a small fortune, says Duffy. Picture: Contributed

Jim Duffy comment: Digital assets now face a very real bear market

There appears to be a sense of impending doom in the global economy. As Jaguar Land Rover announces it will axe up to 5,000 job and retailers line up to demand rent cuts from landlords, businesses across the globe are preparing for the bear market. There is a slim down mentality pervading boardrooms as tech stocks slide and volatility in the markets causes violent sinusoidal waves. This lack of confidence and nervousness is not just taking place in the regulated markets; the cryptocurrency markets are also subject to dramatic swings.

Financial
Scotland's strength in data science can see it become an Open Banking powerhouse, says Steve Tigar. Picture: Stewart Attwood

Comment: Scots fintechs can lead open banking out of its infancy

Later this week, the great and the good of the burgeoning open banking industry jet into Edinburgh for FDATA’s Global Open Banking Summit. Scotland is a worthy host, seen by many to be the home of open banking, with a string of first adopters including our own company, Money Dashboard, and the like of miiCard almost a decade ago.

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