FinTech Futures Jobs: five exciting fintechs that are hiring now
As the world begins to settle into what we’re calling the “new norm”, many companies are starting to hire once more, and talent has started to take notice.
The fintech sector is one that is thriving. In fact, the global fintech market is predicted to grow at a rate of almost 25% annually over the next couple of years, making it one of the most exciting industries to be involved in at the moment.
There are so many companies doing interesting things in the fintech sphere and looking for talent – and we’ve put five of them in the spotlight (do check out our job portal for all available vacancies!):
Cleo was created to improve financial health. Already, it has successfully helped three million people improve their relationship with money through simplicity. Cleo’s not a bank though, it is an artificial intelligence (AI) assistant defining a new category, one that goes beyond saving up to actually changing how we feel about our finances.
People rely on Cleo every day as they budget, track their spending, and move towards a simpler financial reality. Cleo AI is backed by Entrepreneur First, a European pre-seed investment programme for technical founders.
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American multinational financial services conglomerate headquartered in New York. It is the world’s largest custodian bank and asset servicing company, with $1.9 trillion in assets under management and $37.2 trillion in assets under custody as of Q2 2020.
Monzo is a digital bank based in London. It was one of the early app-based challenger banks in the UK, founded as Mondo in 2015 by Tom Blomfield, Jonas Huckestein, Jason Bates, Paul Rippon and Gary Dolman. The team met whilst working for Starling Bank.
In February 2016, Monzo set the record for “quickest crowd-funding campaign in history” when it raised £1m in 96 seconds via the Crowdcube investment platform.
Originally operating through a mobile app and a prepaid debit card, in April 2017 its UK banking licence restrictions were lifted, enabling it to offer deposit/current accounts. As of March 2020, Monzo had over four million customers.
OakNorth is a UK bank for small and medium-sized companies that provides business and property loans. The bank, which gained regulatory approval in early 2015, was founded by entrepreneurs Rishi Khosla and Joel Perlman, who had previously founded Copal Amba.
OakNorth Bank has regional hubs in London, Manchester, Birmingham, Bristol and Leeds, Gurgaon and Bangalore. OakNorth focuses on providing loans of £0.5-£25 million, as well as a range of savings accounts. At the end of 2019, it had 144,000 savings customers and had lent several billion pounds to British businesses.
Chip Financial is an automatic savings app. It uses AI and open banking technology, and a disruptive approach to traditional banking to automatically save money for customers and get better returns.
Chip is available in the UK and fully connects with 17 UK banks: Bank of Scotland, Barclays, Danske, First Direct, HSBC, Halifax, Lloyds Bank, M&S Bank, Monzo, Nationwide, Natwest, RBS, Revolut, Santander, Starling, TSB, and Ulster Bank. The company was founded in 2016 and is headquartered in London.
Be sure to keep a close eye on the FinTech Futures Jobs portal for plenty of great job opportunities.