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 wit
Investment
The Secretary of State for Scotland Douglas Alexander has claimed Scotland's financial services remains “scarred” by the financial crash, as he called for renewed confidence in the industry and greater collaboration between government and business to drive economic growth. Mr Alexander t
Private equity investor Aliter Capital has completed the fundraising for a new £50m Annex Fund. The new fund has been created to support the growth of two of its established technology platforms - Technology x People (TXP) and Serbus. TXP is a systems integrator focused on technology consultan
Scottish Widows is among the first UK workplace pension providers to put members’ savings into British venture growth companies, through a new fund that will back firms in quantum computing, battery technology and AI-enabled healthcare. The CG Scottish Widows Growth LTAF will invest through IP
Tricapital Angels has appointed former joint senior partner and chief investment officer at Baillie Gifford Richard Burns to its board as a non-executive director. The Melrose-based investment syndicate also revealed that investor and ocean technology entrepreneur Mogens Mathieson is taking on an ex
SSE has "expanded its global financing strategy" by entering the Australian bond market for the first time, selling (£520m) of Green "Kangaroo" Bonds. Australian-dollar Kangaroo Bonds are issued in Australian markets by overseas firms and today’s was in two tranches: A$600m 5-year green
AJ Bell has updated its logo in a bid to reinforce its "feel good investing" campaign. The investment platform confirmed it will keep its brand name the same, but will be launching a new logo that will feature a bell as the front graphic with a new font and colour palette from September 5 on its dir
Scotland has asserted itself as the top UK location outside London for foreign direct investment (FDI), according to the latest Scotland Attractiveness Survey by EY. The figures reveal that in 2022, Scotland secured a record 126 FDI projects, marking a 3.3% increase from the 122 projects attracted i
Business transformation and advanced data science consultancy Optima Partners has received £2.3 million from investment company BGF. Optima Partners is an Edinburgh-headquartered data science and transformation consultancy founded in 2013, with offices in London and Bristol.
Scottish tour company Rabbie's has secured a £7 million investment from consumer brands specialist, Piper. Founded in 1993 by Robin Worsnop, Rabbie’s began with him taking small groups of travellers around Scotland in his first 16-seater mini-coach. Today, it has almost 100 luxury vehicl
Nearly half (47%) of all grandparents investing for their grandchildren have increased their contributions over the last 12 months, new research from Scottish Friendly reveals. The increased levels of investment have been sparked by the onset of the COVID-19 pandemic and grandparents' desire to help
Andrew Ferguson Aberdeen private equity house Maven Capital Partners has led a £2.75 million investment in the specialist IT security business Flow Communications Limited.
