How fintech businesses became the UK's biggest tech employers

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fintech is officially the UK's biggest
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Tech employer a new report reveals that
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Financial technology companies have
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dominated hiring over the past year
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outpacing AI data analytics and even
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cyber security but why is fintech
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growing so fast and what does this mean
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for the UK economy let's break it down
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fintech accounted for 21% of All Tech
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hiring among UK startups and scale UPS
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last year that's over 2,100 new jobs
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more than any other sector AI came in
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second with
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1,630 hires followed by consultancy and
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healthtech so what's driving this boom
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well fintech thrives in the UK because
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of its strong financial sector investor
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confidence and consumer demand for
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digital banking payments and lending
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take revenue for example one of the UK's
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biggest fintech success stories it now
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employs over 10,000 people and was
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valued at 24 billion last year but it's
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not alone companies like lendable uland
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and nfin have also seen huge expansion
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London Remains the UK's fintech Hub home
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to 75% of the companies hiring in the
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space but other cities like Manchester
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or Bristol are also catching up the big
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question now is can this hiring Trend
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continue with ongoing investment and
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increasing Global demand for financial
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Tech Solutions the fintech sector is
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expected to keep growing but challenges
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like regulation competition and economic
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shifts could also impact future hiring
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one thing is clear
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fintech is shaping the UK's Tech job
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market like never before but will it
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maintain its lead head to cm.com to find
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out more
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How fintech businesses became the UK's biggest tech employers

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How fintech businesses became the UK's biggest tech employers

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