FinTech Futures Jobs: London dominates the European start-up ecosystem
So far, it hasn’t been a brilliant year for funding – Crunchbase reports that venture and growth investors in private companies scaled back their investment activity in the first quarter of 2023, and global funding in the first quarter only reached $76 billion, which represents a 53% decline on the same period a year ago.
Click on the image to see all the vacancies on the FinTech Futures Jobs portal
The slowdown is not confined to late-stage funding either, with every funding stage last quarter down between 44% and 54% year-on-year.
For those working in fintech and the wider tech sector, job security is a key concern, and naturally so in an environment where hundreds of thousands of jobs have been lost globally due to layoffs.
Despite those worries, London is still coming out on top in StartupBlink’s recent Top 20 Europe Startup Ecosystems ranking. London scores first place in Europe, and third overall globally, for the strength and calibre of its start-up landscape.
“London stands alone […], with a considerable lead over all other European cities,” the ranking’s authors say. The city has an existing foundation as a centre of financial services and banking excellence and is known as one of Europe’s biggest financial hubs.
London is the location of almost 70% of the UK’s private equity and VC investors, and despite the rigours of Brexit, it is still leading when it comes to the number of start-ups setting up shop.
Exciting early-stage companies
When it comes to its start-up ecosystem, there are a huge number of exciting early-stage companies which are making waves in the city.
Open banking fintech Volt has raised $60 million in its Series B round, AI-powered video synthesis platform Synesthesia has raised $90 million in its Series C round, and TreasurySpring, a fixed-term fund (FTF) platform, has raised $19 million in its Series B.
Other fintechs to note are Aztec (an Ethereum trading protocol), Rapyd (which provides a cardless financial network) and Fintech Farm (which aims to create neobanks for emerging economies).
The rude health of the start-up ecosystem is good news for job seekers. Thanks to the surge of job losses at tech behemoths, many workers are reconsidering their priorities and thinking smaller.
Compared to huge corporations, start-ups appeal to talented workers as they can have more ownership over their work, progress faster and take advantage of flatter organisational structures.
So, whether you see your future in a company big or small, the FinTech Futures Job Board is a great place to begin. It contains thousands of open roles across all company sizes, like the five below.
VPII, Fintech Banking Relationship Manager, HSBC Innovation Bank, London
This VPII, Fintech Banking Relationship Manager role will suit an experienced banker who has a deep understanding of the sector.
You will need to demonstrate a broad knowledge of key subsectors (PSPs, regtech, insurtech, blockchain and proptech) to drive new, high-quality client opportunities.
A good understanding of the regulatory and compliance framework within which fintech companies operate in the UK and European markets is key.
The role is focused on building deep relationships with the founders and CEOs of new and scaling fintech companies and the individual should have relevant experience in and a passion for the verticals.
See all the requirements here.
Senior Data Scientist – Chat Advisor, Cleo, London
Cleo is hiring a Senior Data Scientist to actively build and produce classifiers, implement and utilise GPT, further develop its personalised AI assistant, and find opportunities for model and product improvements in Cleo’s extensive datasets of chat conversations, spending patterns, and app interactions.
Software Engineer, FIS Global, London
As a Software Engineer at FIS, you will be responsible for designing, developing, and maintaining software applications that operate on both the front-end and back-end of a web or mobile application, working with a team of developers, designers, and stakeholders. This role provides a fantastic opportunity to lead the platform journey at FIS.
Interim Group Product Manager, Core Product, Spendesk, London
In this eight-month contract, the Interim Group Product Manager, Core Product will lead the core product team of eight product managers.
You will be an expert in product development approaches and an influential leader who is capable of building productive relationships with cross-functional partners.
As an experienced product leader and practitioner, you’ll need six years of experience in product management, working collaboratively with engineering, design and user research teams.
Build Systems Engineer, Starling Bank, Cardiff
As a Build Systems Engineer, you’ll be responsible for identifying and implementing performance, stability and productivity improvements in build and CI systems, to help engineers to deliver reliable software faster.
You’ll have knowledge of CI and build tools, possess a strong foundation in Java, plus you will need experience in Kotlin and scripting languages, such as Python or Bash.
Interested? Find out more here.
For hundreds more opportunities across fintech, visit the FinTech Futures Job Board today.
