Soar relocates to city centre

30 Oct 2019

Glasgow-based fintech disruptor Soar has moved its operation to the centre of Glasgow, as part of its expansion plans.

The award winning company, which provides cutting edge banking technology to credit unions and other not-for-profit banking organisations, was founded by tech entrepreneur Andrew Duncan in 2017. He also founded mobile technology business SwarmOnline.

Soar has moved from Pacific Quay to take a five year lease on two floors of an office at 6-8 Gordon Street.

Andrew Duncan said: "This move not only gives us an extra 1,000 sq ft of space as we grow, but actually cuts our costs as well. These factors, allied to easier access to the city's professional services community and quicker transport links to Edinburgh, made it an easy decision to make."

Soar recently won the Rising Star and Social Impact categories at the Scottish Financial Technology Awards and Andrew Duncan took the Scale up Entrepreneur of the Year title at the Great British Entrepreneur Regional Final. He now goes forward to the national finals in London in November.

Earlier this year Soar was awarded a £450,000 grant from Scottish Enterprise to help it expand into international markets and to grow its headcount.