Five Scottish Fintechs Win £50K in FRIL Innovation Call
Summary
FRIL has selected five Scottish fintech and software companies to receive £50,000 grants each. The program supports solutions that improve operational resilience, compliance, and security for financial services firms. The winning companies will keep working with industry partners during the grant period to refine their products against real market needs. The article highlights software focused on regulatory intelligence, secure cloud, operational resilience, cyber threat intelligence, and resilience management.
Funding
Amount
$65.8K
Total raised
Date
October 30, 2025
Announcement date
Investors
University of Strathclyde, Innovate UK, University of Glasgow
Lead investors
Company
https://ionburst.io
Funded company
Classifications
industries
Fintech & Banking
applications
Business Planning / Continuity
AskAI Classifications
Labels
Business Continuity Software
Operational Resilience Software
Risk Management Software
Linked Companies
Continuity2 Ltd
$1M to $5M
Lupovis
$1M to $5M