UK FinTech companies are on the upswing, planning to boost their hiring by a whopping 32% this year, according to a report by Morgan McKinley and Vacancysoft. This comes despite a trickier economic environment, showing that FinTechs are still keen to expand strategically. Factors behind this surge include product growth, operational scaling, and adapting to new regulations.
Key Points
- A 32% increase in FinTech hiring is expected in 2025.
- Despite volatile economic conditions, strategic hiring persists.
- Risk and compliance roles may rise by 29%, with financial crime specialists seeing a 50% increase.
- Technology-related hiring projected to grow by 39% this year, focusing on IT management and cybersecurity.
- London remains the central hub for these hiring activities.
Why should I read this?
If you’re part of the FinTech world or eyeing a career shift, this article is a must-read! It’s a sign that the industry is thriving, and understanding the dynamics of hiring trends could give you an edge. We’ve done the digging, so you don’t have to—get in the know!