FinTech - The Hidden Market
FinTech Overview - The Hidden Market
The FinTech industry has been booming for a number of years. FinTech combines Technology and Finance in order to make markets more efficient and often disrupt more traditional markets.
A commonly known area of FinTech is Banking. The rise of Neobanks, banks without physical branches have been incredibly popular over recent years. Regulation in open banking has enabled and facilitated some of these developments. There have been a plethora of apps and investments in tech in order to transform personal finance. These Neobanks have encouraged the traditional banks to invest in digital services too and for some of these banks to set up their own microbrands.
Cryptocurrency & Blockchain
Cryptocurrency & Blockchain are new technologies that in recent years have added new areas and forms of financial services: offering new financial instruments that are not governed by governments or traditional structures.
Investment & Savings
Consumer investment and savings apps have exploded in recent years. Technology has brought down traditional barriers to investing and reduce the cost too.
Machine Learning & Trading
Machine learning is the process of using the power of computing to automating the data analysis and model building to predict or help inform financial trading and investment decisions. Artificial intelligence (AI) allows a user to run massive amounts of data through algorithms in order to identify potential risks and problems.
Money moves and has down since time began. With the rise of modern technology, money is able to be transferred quicker than ever before.
FinTech has radically changed the credit market by streamlining the credit application process. Now it is possible to apply to the form of credit required from a number of devices across apps or web based applications. Risk modelling has improved and as such it has enabled the credit markets ability to serve underserved and previously overlooked markets.
InsureTech is a relatively slower adopter compared to broader FinTech. Businesses are now investing in automated processes from claims, quotes, and modelling and niches are appearing. Insurance markets are relatively traditional and ripe for disruption.
FinTech jobs - The UK & Internationally
- North America
- Western Europe
- Asia Pacific
- South Korea
- Eastern Europe
- South America
- Middle East
FinTech careers - Commercial roles in FinTech
FinTech is not going anywhere. The industry is here to stay but what is certain is that it is an industry that is going through significant change an evolution, by definition it is an innovative industry.
We're not here to predict in which direction FinTech will evolve but we are experts in commercial roles in FinTech. With so much investment and innovation in FinTech businesses competing for market share, there is a need for commercial roles for marketing and sales to drive forward the success of the businesses investment in the product by their product & innovation teams. Marketing adding value identifying & targeting target customers and with sales delivering and securing the revenue for the business.
More information on The Hidden Market:
We are the professional skills market connecting the best commercial, marketing & digital talent to the most ambitious companies. FinTech is a really important focus area for us here at The Hidden Market. We support the industry with supplying commercial talent across the following specialisms: marketing, digital, sales, product & propositions, and research & insight.
Whether you are looking for a role or looking to hire you can sign up and connect with us humans on the other side!
- Professionals looking for a new role or want to be kept up to speed with roles in the market you can register with us here.
- Campanies looking at your sourcing function and wanting to improve the quality of hire you can register with us here.
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