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Finance minister Kate Forbes to deliver keynote speech at EIE21
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FanDuel co-founder Lesley Eccles among speakers at Scotland s premier tech investor conference
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Left to right are Paul Patras of Net AI, Genevieve Patenaude of Earth Blox and Emma Carroll of OnGen. Picture: Stewart Attwood The EIE21 tech investor conference is set to take place in June with 25 Scottish firms among those pitching for up to £2 million of investment. A further seven start-ups from further afield have also been chosen to take part in the virtual event on June 10. Among them are Transwap, a Singapore fintech in the process of setting up in Scotland, London-based fintech Bridgeweave and iLoF, a digital health specialist based in Oxford. EIE is a year-round programme run by the University of Edinburgh’s Bayes Centre in partnership with the Data-Driven Innovation (DDI) initiative. The year-round programme is highlighted by a day of pitching to investors from around the world for seed level funding up to £2m or more.
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Singapore based Remittance Firm TranSwap to Move into UK Markets with Plans to Establish R&D Centre in Edinburgh
Singapore-based remittance firm
TranSwap has reportedly decided to make a move into the United Kingdom with plans to establish an Edinburgh research and development (R&D) center that will employ over 50 professionals.
Currently operating in Hong Kong, Indonesia and Malaysia, TranSwap’s management noted that the UK will now serve as the base from which it will be further expanding operations outside of the Asia-Pacific (APAC) region.
Benjamin Wong, CEO at TranSwap, stated:
“Besides serving as a strategic gateway into Europe, the UK is also a highly sought-after investment destination for businesses. It has a vibrant, entrepreneurial Fintech sector and businesses play a vital role in the country’s economic growth and sustainability.”
TranSwap reveals new job-boosting Edinburgh office
FXC Intelligence Research Analyst Valentina is a Research Analyst at FXC Intelligence, the data sister company of FXcompared. Valentina is passionate about payments and fintech. Valentin enjoys analysing money transfer companies and… Read more
TranSwap, which is based in Singapore but operates in a variety of key markets across the globe, will now open an office at the University of Edinburgh.
The office is expected to create more than 50 jobs, and will be focused in part on research and development.
A leading figure at TranSwap confirmed that the move to the UK had been on the cards for a long time due to the country’s status as a major stimulant to growth.
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