News Releases

October 2 , 2018

MSP welcomes Dunfermline Fintech’s growth plans

Dunfermline and West Fife MSP Shirley-Anne Somerville met with senior staff and specialist software developers from leading fintech and payment specialist firm Renovite Technologies at their office in Dunfermline yesterday, October 1st, following a busy spell for the business.

Ms Somerville learned about the organisation’s plans for growth in Scotland in the months ahead, as well as the unique syllabus the company is developing with Fife College in payments software for the recently announced ‘Fintech Skills Academy’ which will launch early next year.

In August, the Scottish Government announced Renovite Technologies had received a £250,000 Regional Selective Assistance (RSA) grant from Scottish Enterprise to create 28 specialist roles, tripling the number of staff employed by the firm in Scotland.

Commenting, Dunfermline and West Fife MSP, Shirley-Anne Somerville said:

“As a growing hub of technology and innovation, it’s welcome news that companies are continuing to find new ways tap into Dunfermline and West Fife’s huge economic potential.

Renovite’s growth plans, backed by their recently awarded Scottish Enterprise grant, will represent a substantial investment in the local economy, with the creation of new, highly skilled jobs.

“I’m delighted to see the company working with Fife College to help create new skills bases in our local area. Investing in young people will pay dividends in years to come, developing a workforce ready to take the lead in the fields of science and technology.”

Jim Tomaney, chief operating officer, at Renovite Technologies said:

“We are grateful to Ms Somerville for her support and for taking the time to find out more about our plans for the business. It’s been a good year for us and we are looking forward to taking on a healthy number of new staff in the months ahead.  

“In September, we launched Scotland’s first ‘Fintech Skills Academy’ with Fife Council and Fintech Scotland which will be kicking-off in Fife College early next year. Today, we were able to give Ms Somerville a preview of what we are hoping to teach students and potential employees that sign-up to our specialist payments course, enabling them to hit the ground running.”


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Renovite Technologies Inc. is an electronic payments specialist with a proven track record of delivering and managing software worldwide. We are present across America, Europe and India supporting and delivering mission-critical payment systems. We are a company led by experts with an average of 25 years’ experience in delivering leading-edge solutions in the payments domain. Our core competency is the satisfaction of those leading-edge requirements through the deployment of a leading-edge technology coupled with a client-focused, 21st-century delivery model. For more information, please visit: | @renovite | LinkedIn