With the Scottish fintech sector experiencing a period of significant growth, DIGIT looks at 10 dynamic companies operating in this space.

Despite a challenging period during the coronavirus pandemic, Scottish fintech companies have performed remarkably and the ecosystem continues to thrive.

According to stats from FinTech Scotland, the number of Scottish fintech companies increased by more than 27% across 2021, bringing the total number of firms operating in the sector to 190.

This number has likely grown since these figures were published, and looking ahead the sector shows no signs of slowing down, with more dynamic young startups being launched and a number of key players continuing to scale and attract global attention.

With this in mind, DIGIT looks at 10 of the most exciting Scottish fintech companies innovating right now.

Know-it

Glasgow-based fintech Know-it is a cloud-based credit management platform which aims to streamline and optimise credit control processes.

Founded by CEO Lynne Darcey-Quigley, the company primarily caters toward the SME market. The Know-it platform allows businesses to credit check and monitor, chase for payment, collect overdue unpaid invoices.

In December 2021, the company featured among several Scottish tech companies recognised in Tech Nation’s Rising Stars 4.0 programme.

This article was first published by DIGIT.