Hong Kong Fintech to Create Technology Base in Edinburgh

Tuesday January 22nd, 2019

Scottish Development International (SDI) has announced the successful conclusion of a new inward investment fintech project from Hong Kong, which will see financial services tech specialist Actelligent Company Limited (Actelligent) establish a new technology business in Edinburgh.scottishgovernment_logo

The project, which follows proactive efforts to encourage more Hong Kong-based firms to locate in Scotland, will receive £305k of Regional Selective Assistance (RSA) funding from Scottish Enterprise to support the creation of 20 new fintech jobs.

Actelligent is currently developing an online platform that will act as a hub between investors, private fund managers and retail investors and connect investors with new opportunities in overseas investment markets.

The company plans to make the Edinburgh office its UK and European base, from which it will build a team of software engineers and architects to support the continuing technical development of its online platform, plus technical compliance and financial experts to support analytical and research services.

David Leven, head of Greater China for SDI, welcomed Actelligent’s decision during a meeting with the company at its Hong Kong base today. He said: “Today, Actelligent joins the growing list of fintech firms operating out of Scotland, having been attracted by Edinburgh’s growing reputation as an international leader in this field.

“We’ve worked closely with Actelligent since its first visit to Scotland in May last year, during which time we have made introductions to stakeholders such as Fintech Scotland, the Scottish Investment Bank, the University of Edinburgh, the Data Lab and TalentScotland. This is a great example of how SDI makes it quicker and easier for businesses to settle in Scotland, by making those all-important connections across the public and private sectors.

“We look forward to working with the team at Actelligent to support their ambitious growth plans for Scotland.”

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