FinTech & Payments

Growth in FinTech is at record levels. With annual global investment in 2021 up 183% on the previous year, the sector has surged back from the pandemic. Overall, the US leads the way, bringing in $46bn in Fintech capital, with the UK firmly in second place. It’s a trend that’s set to continue. FinTech is maturing, diversifying and proving a magnet for investors. In the last two years too, the number of FinTech start-ups has more than doubled. Up from around 12,000 in 2019, it now stands at some 26,000. As of November 2021, there were 10,755 FinTech start-ups in the Americas, making it the region with the most FinTech start-ups globally.

The result? An intensifying need for new types of talent. The FinTech Job Report from the Centre for Finance, Technology and Entrepreneurship identified 40,000 jobs offered by the 225 largest FinTech companies. These jobs are much closer to those in tech companies than financial services. But because FinTech is growing so fast, few understand the roles and opportunities it offers.