Funding of up to £20,000 is available to individuals and small and medium-sized enterprises working in and around Edinburgh to respond to the challenges posed.
Applications are now open and will close on 12 August.
@CreateInf
https://t.co/01zHpmHyOM
One of the issues behind the formation of #bankpal was the overdraft 'scandal'.
In some cases you would be 10 times better off getting a payday loan.
This is only part of our mission to reshape the lending models that currently exist in finance.
#fintech#ai#data#finance
When I started Tide in 2015 I thought the big banks would have started to compete with our core features by 2019.
They haven't. They've barely moved at all.
Hence, I'm now more bullish than ever on us, Monzo, Starling, Monese, N26. The big banks really are doomed.
Why we need to teach school pupils to manage their finances - Great article in @TheScotsman with interview from Daniel Sloan, founder of Scottish #fintech@BankPalApp https://t.co/PE73JVFiU3 #fintechscotland
Interesting article on financial literacy in @TheScotsman by Daniel Sloan, founder of @BankPalApp and Fintech Masters student @StrathBusiness https://t.co/92pA2yHYd4 He's speaking at our event in association with The Scotsman today: What did Fintech ever do for us?
Credit card companies are now being forced to help customers in 'persistent debt' where they are paying more in interest than the amount borrowed.
The average customer pays £2.50 to borrow £1. One of the problems we aim to solve at #bankpal
https://t.co/nRCQ2n0OPC
#fintech