As reported today by City AM, London’s reputation as a global financial hub is being reinforced by a surge in fintech jobs.
The city is witnessing a boom in this sector, driven by a combination of factors:
- Tech Talent Influx: Tradtional banks are embracing technology, leading to an 88% increase in tech vacancies within London’s financial services sector according to Robert Walters. This talent war is attracting professionals with expertise in areas like machine learning and blockchain.
- Fintech Oasis: London boasts a thriving fintech ecosystem, with success stories like Monzo and Revolut. This attracts investment, with British fintechs receiving more funding than those in several major economies combined.
- Start-up Hub: London remains Europe’s leading start-up hub, boasting a strong foundation in finance and a wealth of venture capitalists. This fertile ground allows innovative fintech companies to flourish, creating exciting new job opportunities.
The result?
A plethora of fintech jobs are available across various specializations.
From cybersecurity and data analysis to software development and wealth management, there’s something for everyone. Job boards are overflowing with opportunities, and reports suggest a 25% increase in tech professionals entering financial services in London alone .