3 great fintech jobs in London this week
Monday 20 February 2023 at 07.58
Looking for your next fintech job? London should be at the top of your career list. This is a city with everything you could want; bustling nightlife, a wealth of different cultures, good transport links, plus many top companies with exciting opportunities – and of course a long history of being at the heart of finance and innovation.
Britain’s first bank, The Bank of England, was formed on Threadneedle Street in 1694 and more than 300 years later, London has risen to power as a global hub for fintech investment, with $6.3 billion raised in the first six months of 2022, according to figures from the Global Startup Ecosystem Report. London’s tech ecosystem is significantly more valuable than rivals Berlin and Paris, worth $314 billion.
“London really is the fintech capital of the world – we have over 3,000 fintech companies which is more than any other city,” said Rajesh Agrawal, London’s deputy mayor for business. “London is like New York, Silicon Valley and Washington in one place, with regulators, government and investors all in one place, which means we’re in pole position to attract fintech firms.”
Just some of the top funding rounds of 2022 included $312 million for digital payments company GoCardless, and $200 million for Paddle, a software payments provider.
Other elements
On top of London’s long history in both finance and technology, there are a few other elements that make it so attractive to entrepreneurs.
The city is home to decision makers who support fintech innovation. The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) work together to build a competitive and innovation-friendly business environment.
In terms of talent, London attracts a diverse range of tech professionals from around the world. According to a Tech Nation report, the city continues to have the highest number of tech and digital jobs available, with over 170,000 advertised in the first quarter of 2022, and the highest average advertised salary of £75,223.
This is paired with an excellent education system and world-class universities, such as the University of London, London Metropolitan University and nearby Oxford and Cambridge.
London also has one of the highest concentrations of financial and professional firms at nearly 90,000. This robust network of companies makes the city an ideal hub for entrepreneurs looking to access new resources.
Today, the city’s real fintech success stories are challenger and upstart banks, payment processors, budgeting apps and cryptocurrency startups.
If you’re looking to pursue a fintech career in London, the City AM Job Board is a great first step, with thousands of open roles on offer. Discover a selection of three great jobs below.
Principal Product Manager, Monzo, London/Remote
Monzo is one of the fastest growing online banks in the UK. The company experienced record revenue growth in 2022, with annual revenues up 250% to £440m. It is now seeking a Principal Product Manager to lead a cross-disciplinary team to set big, ambitious goals for an entire product area. You will operate with autonomy and have a massive impact on both your customers’ lives and Monzo’s success. If you have a five-to-ten-year track record of shipping successful, customer-centric digital products in a fast-growing company and zero-to-one experience with a consumer product, this could be the job for you. Discover all the requirements here.
Senior Software Engineer, Checkout.com, London
Checkout.com is a unicorn startup that develops software for businesses to process their online payments in multiple currencies. In total, the company has raised £1.36 billion in equity investments, through four funding rounds, and acquired three other startups. Right now it needs a dedicated and ambitious Senior Software Engineer to join the Clearing and Settlement Engineering team. Your mission will be to scale the platform to address growth challenges using a rich toolbox of up-to-date technologies. To apply, you need strong knowledge and application of software design patterns, excellent working knowledge of OOP concepts and SOLID principles, and strong experience with .NET Core. Find out more about the job here.
Product Designer, SumUp, London
Supporting more than 3.5 million merchants in over 30 markets worldwide, SumUp operates a product suite of tailored business tools designed specifically for the micro and nano segment. As a product designer, you will work in the product team to design industry-leading experiences and features, and build a deep understanding of users and the market through data analysis and research. Experience designing products and features that have been used by thousands of users is required. In addition, you will be highly skilled with modern design tools, and have worked with engineers and product managers. Apply for this job now.
Apply for all these jobs and many more in the City AM Job Board today
