Hong Kong fintech firm to set up in Edinburgh

Published: 23 January 2019

Scotland is to benefit from its first inward investment by a Hong Kong financial services technology specialist which is establishing a UK operation in Edinburgh.

Scottish Development International (SDI) has announced the successful conclusion of the project which will see fintech specialist Actelligent set up its UK and European base in the Scottish capital.

Edinburgh has a huge capital base and has always been one of the largest fund management hubs...

Charmaine Lo, CEO , Actelligent

 

The project, which SDI said follows proactive efforts to encourage more Hong Kong-based firms to locate in Scotland, will receive £305,000 of Regional Selective Assistance (RSA) funding from Scottish Enterprise to support the creation of 20 new fintech jobs. The company plans to make the Edinburgh office its UK and European base.

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."

Digital Economy Minister Kate Forbes said: “It is fantastic to see that Actelligent has chosen to set up an operational base in Scotland. As the latest fintech company to come to Scotland...”

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