Cyber specialist creates jobs

Hong Kong firm PolyDigi adds to overseas fintech cluster

Stephen Ingledew

Stephen Ingledew: ‘we are reinventing the financial world’ (pic: Terry Murden)

A Hong Kong fintech company specialising in cyber security is to commercialise its products in Edinburgh, creating 16 jobs.

PolyDigi Tech will establish a technology hub in Edinburgh after it received a £200,000 Regional Selective Assistance (RSA) award from Scottish Enterprise.

It adds to Scotland’s burgeoning fintech sector which is now home to more than 100 SMEs, many of whom have arrived from overseas.

Digital Economy Minister Kate Forbes said: “The Scottish Government is doing everything possible to help Scotland realise its full potential in an increasingly digital world. That means investing in digital skills, infrastructure and technology.

“This is an exciting time for our Fintech sector, after it recently gained accreditation as a European Cluster of Excellence.”

PolyDigi Tech focuses on cyber security, with an emphasis on authentication and authorisation of access to networks. The company has developed technology in the field of mobile network authentication and utilising telecommunication technology for network access, ensuring that access is only granted to those with the necessary authentication.

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