AutoRek has 85 employees By Scott Wright AUTOREK, the Glasgow-based fintech company, has signalled plans to expand internationally and step up its product development plans after securing a “significant growth equity investment”. Scottish Equity Partners (SEP) has made the undisclosed investment amid growing demand for AutoRek’s cloud-based financial reporting, data management and reconciliation software. AutoRek’s clients include major financial institutions such as Bank of England, Lloyds Banking Group and Nationwide. While the specifics of the SEP investment were not disclosed, a spokeswoman said it had been made under the private equity firm’s £260 million SEPV fund. AutoRek, which was established in 1994 as a Microsoft consultancy business, employs 85 staff across its offices in Glasgow, Edinburgh and London, having placed “huge focus” on expanding its headcount in the last five years. And it expects staff numbers to “accelerate” further to the SEP investment.