The Financial Regulation Innovation Lab (FRIL) has announced the four fintechs selected to receive grants through its latest Future of Wealth Innovation Call, delivered by FinTech Scotland in partnership with SuperTech WM.
The six‑week programme concluded on 15 January with a Showcase Day, where 21 fintechs presented solutions to the challenge. The aim? To help consumers make informed financial decisions and access more tailored wealth support, while keeping pace with evolving regulation.

The programme runs against the backdrop of the joint HM Treasury-Financial Conduct Authority (FCA) Advice Guidance Boundary Review (AGBR). This seeks to help close the UK’s advice gap by clarifying how firms can provide more meaningful support under the Consumer Duty. The participants took part in workshops and deep dive sessions to develop, refine and tailor their propositions to real world industry needs and potential pilots with partners. The FCA was involved throughout and provided both valuable clarity and guidance.

Ten strategic partners

The Innovation Call was delivered with the support of ten strategic partners: PwC, Barclays, Lloyds Banking Group, Sopra Steria Financial Services, NatWest Group, M&G, BNP Paribas, Dudley Building Society, Wesleyan and Standard Life. Participating academic partners at the University of Strathclyde and the University of Glasgow and Growth Builders supported delivery.

Following the Showcase Day, four fintechs were selected to receive £50,000 each to further develop their solutions. Over the grant period, the awardees will continue to collaborate with industry and academic partners to test, validate and accelerate their innovations towards adoption and scale.

The winners

Finspector

Finspector is an AI-powered compliance platform that automates the review and monitoring of financial promotions across text, images, video, and social media. It helps regulated firms reduce risk, evidence compliance, and scale marketing activity with confidence across jurisdictions.

Planda

Planda is a behavioural AI platform that helps financial services firms move beyond outdated segmentation to deliver hyper-personalised customer engagement. By connecting data across enterprise workflows, Planda builds dynamic customer segments that evolve in real-time, enabling institutions to personalise at scale and deepen relationships.

Amplified Global

Amplified Global uses AI and Machine Learning to help firms assess, simplify, and demonstrate consumer understanding at scale, ensuring they meet compliance obligations with confidence. Its technology analyses and enhances intelligibility, helping organisations turn complexity into clarity. Through a guided digital journey, it makes content more engaging, measurable, and human – redefining how people connect with information.

Afternoon Finance

Afternoon’s the new data + AI first operating model for advice firms. Data collection is automated with a focus on completeness and quality. AI modules automate work, allowing a doubling of clients with the same team and with less risk from meeting to report in under 2 minutes.

Aleks Tomczyk, Chief Executive, FinTech Scotland, commented:

“The Advice Guidance Boundary Review is pivotal to widening access to meaningful financial support across the UK. Too few people are saving adequately for retirement, and historically advice has skewed towards higher earners. Government, regulators and industry are aligned on helping the wider population make better‑informed financial decisions. By funding these four winning projects and opening real‑world pilots with partners, we’re accelerating practical solutions that improve consumer decision‑making and access to support, while helping firms operate confidently within the advice–guidance boundary.”