Banking and Fintech: Recruiting Trends and Insights

Banking and Fintech: Recruiting Trends and Insights

The banking and fintech sectors are rapidly evolving, creating unique challenges and opportunities for recruitment.

1. Growth in Fintech

  • The global fintech market is projected to reach $492.81 billion by 2028

  • In the U.S., there are over 13,100 fintech startups, accounting for 36.75% of global fintech investment deals.

2. Recruitment Challenges

  • The demand for professionals skilled in blockchain, AI, and cybersecurity is outpacing supply.

  • Diversity remains a challenge, with women representing only 29% of the fintech workforce.

3. Strategies for Employers

  • Partner with universities offering fintech programs to build a talent pipeline.

  • Embrace remote work to access a global talent pool.

  • Implement diversity initiatives to attract underrepresented groups.
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