FinTech Scotland, with support from Whitecap Consulting, published a ground-breaking Research and Innovation (R&I) Roadmap with the objective of boosting economic recovery, driving growth and creating jobs over the next ten years.

Over the ten-year period, the ambition will be to deliver in Scotland an additional 20,000 plus fintech related jobs as well as produce an increase in economic gross value add (GVA) through fintech innovation from £0.5bn GVA today to £2.1bn GVA by 2031.

The industry led Fintech R&I Roadmap, the first of its kind in the UK, has been pulled together by the cluster body FinTech Scotland in collaboration with fintech entrepreneurs, the financial services sector, academia, regulators, Government bodies and consumer groups.

The cross industry led collaboration has resulted in four key strategic innovation themes which provide the foundation for the Roadmap, these are open finance data, climate finance, financial regulation and payments and transactions.

The Roadmap focusses on four themes which have been identified as key areas of focus for the future of FinTech relating also to Scotland’s existing strengths: Open Finance Data, Climate Finance, Payments & Transactions and Financial Regulation. The four priority themes are linked to secondary themes, which are reflected in the focus and actions of the Research & Innovation roadmap:

The roadmap can be downloaded above in high resolution or an email friendly lower resolution.