Fintech is dominating the UK financial services sector in 2024, emerging as the top-performing category for job openings. London is at the forefront of this growth, experiencing a significant 61% year-on-year increase in fintech job vacancies from January to April.
Fintech has emerged as the top-performing segment in financial services this year. If the current recruitment trends persist, fintech job vacancies in 2024 are projected to be 37% higher nationwide compared to the previous year. Technology roles dominate the recruitment landscape within the fintech sector, making up 41% of all job vacancies this year.
Over three thousand job vacancies in fintech were advertised during the first quarter of 2024. Roles in risk and compliance have experienced the most significant increase in recruitment, rising by over 85% in London.
After a torrid 2023, the signs are positive for Fintech as VC funding into the sector accelerates. According to a recent report by Dealroom and HSBC, in Q1 of 2024, there were 73 rounds completed in Q1 of this year, totalling $1.4BN, making it the leading sector for investment, this year so far.
