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Who are Aberdeen’s Trailblazing Financial Services Startups Shaping 2023?

Financial Services is one of the most dynamic sectors. With the evolution of technology and emerging trends like open banking, fintech, blockchain and digital currencies, it is increasingly becoming an exciting domain for startups. The city of Aberdeen in the United Kingdom has been a hub of activity for some really interesting and successful startups in this sector. This article showcases some of these ventures. These companies not only offer innovative products and services around banking, asset management, payroll, taxation, accounting, and financial planning, but are also contributing in a major way towards shaping the future of financial services.

From large established organisations like Piper Sandler and Aberdeen Standard Investments to high-growth startups such as activpayroll and Altsignals, the list is quite diverse and interesting. This collection gives us a sense of the kind of dynamic evolution that this sector is witnessing, driven by rapid technology advancement, changing consumer expectations and regulatory frameworks.

While the scope of their offerings varies, these Aberdeen-based companies are united by a common thread. They are pushing the envelope in their respective areas, bringing innovation, convenience and efficiency to their clients and to the overall industry. Let’s take a closer look at these companies.

Piper Sandler

Piper Sandler is a leading investment bank and institutional securities firm. The company offers a number of services in banking, clean tech, marketing, and financial services.

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Aberdeen Standard Investments

Aberdeen Standard Investments was co-founded by Martin Gilbert, providing investment products and solutions to clients across the world, operating in the spheres of asset management, financial services, and professional services.


Founded by Allison Sellar, activpayroll is a global professional service organization, providing integrated global and domestic payroll solutions. Their services span across compliance, finance, financial services, human resources, and payments.


Altsignals, co-founded by Roderik Phimster, is a trading platform that provides the access to cryptocurrency signals, newsletters, trading indicators, and tools. Their work revolves around cryptocurrency, financial services, and they possess a strong trading platform.

Johnston Carmichael

Johnston Carmichael is the largest independent firm of Chartered Accountants in Scotland providing accounting and financial services.

Anderson Anderson & Brown

Anderson Anderson & Brown provides tax planning, corporate finance, auditing, employment and wealth management services in the fields of accounting, financial services, and professional services.

Punter Southall Group

Punter Southall Group, founded by Stuart Southall, provides financial solutions spanning across consulting, financial services, and information technology.

Oval Group

The Oval Group provides insurance services including insurance broking, financial planning and risk management within the financial services industry.

Atholl Scott Accountants & Tax Advisers

Atholl Scott Accountants & Tax Advisers is an accountancy and tax services provider company serving in the accountancy, financial services and professional services industries.

Futura Investments

Futura Investments offers personal and corporate financial planning services covering employee benefits, finance, financial services, personal finance, and service industry.


Coinshape is a world-leading cryptocurrency exchange delivering services in the financial services and fintech industries.

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Abrdn is an investment platform-specialising in estate planning, investment strategies, agency, and managed portfolio services. Their core industries are consulting, financial services, and insurance.

James Milne Chartered Accountants

James Milne Chartered Accountants provides accounting, auditing, personal taxation, bookkeeping, payroll and financial planning services in the accounting, finance, and financial services sectors.

SBP Accountants and Business Advisers

SBP Accountants and Business Advisers provide financial and accounting services in industries such as accounting, finance, and financial services.

Hall Morrice

Hall Morrice is an independent firm of chartered accountants and business advisers operating in the sectors of accounting, advice, consulting and financial services.

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