FinTech Scotland appoints Jules Salmond and Andrew Davidson to its board.
Andrew Davidson and Jules Salmond
FinTech Scotland has appointed CienDos founder Jules Salmond and Scottish Equity Partners’ Andrew Davidson to its board.
The appointments of Salmond and Davidsons is hoped to give the board a more active role, including in shaping strategy, focused on ensuring the board can provide input aligned with the global market opportunity and future ambition of the cluster.
Salmond is a second-time founder with experience of building businesses in the UK and internationally. She was part of the executive team of Cerico, a technology and data business, before selling it to Dow Jones, and has strong channel/partnership experience.
She co-founded and leads CienDos, a Glasgow-based data company that closes the gaps in what financial institutions know about the businesses they lend to and insure, delivering data that feeds into lead generation, onboarding, credit, risk and underwriting.
Davidson is an investment director at Scottish Equity Partners focussed on fintech investments. The firm is a specialist growth equity firm investing in enterprise technology companies — a growing part of the Scottish fintech sector.
It has a strong track record in fintech investing, including current Scottish fintech AutoRek. It is hoped Davidson’s real-time activity in the market and experience of how investors assess and fund growing businesses will help FinTech Scotland support firms looking to scale up.
Aleks Tomczyk, chief executive at FinTech Scotland, said: “As a founder and an investor, Jules and Andrew bring practical experience of what it takes to build companies and fund them – insight that will help us support fintechs to grow in Scotland and internationally, and raise money to power their growth, as well as helping the wider sector make the most of global opportunities. We are delighted that they have agreed to join the Board and look forward to their input.”
Salmond, said: “Fintech Scotland didn’t exist on my first founding journey, so having FinTech Scotland in my corner as we are building CienDos has been game changing, providing key sector insights and access to scaling opportunities such as the award-winning FRIL programme helping build our strategic partnership with Equifax. I’m delighted to be joining the Board so I can help the organisation support more founders like me – and hopefully accelerate their growth.”
Davidson added: “Scotland has built a strong fintech cluster with some genuinely impressive companies in it. The next phase is about helping more of them scale. I’m delighted to be able to bring the new perspective of a growth equity investor to the Board and hope this will be valuable to all involved.”

