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.
For the first time in over three years, this March, there were more vacancies for employee relations specialists than training/learning across the private sector in the UK. While this was just one month, the signs are that in April, it is set to repeat, at which point this could indicate corporations are shifting their priorities when it comes to their staff.
Post-pandemic economy shifting from London: HQ function vacancies down to 41.2% from 47.8% in 2019.
As we approach the end of April, the general consensus is that the market is on the up, that Q1 was a busy quarter and there is positive sentiment, looking ahead. When you compare Q1 2024 to Q4 2023, it is not surprising for sentiment to be as such, after all, there was an 18% increase in vacancies quarter on quarter!
Job vacancies in 2023 fall by 23.7% compared to 2022, according to the latest UK Labour Market Trends report by leading professional body APSCo and labour market data analysts Vacancysoft.