Are you thinking of working for an Australian FinTech company?

Like many other industries, the technology sector comprises a wide range of people with varied backgrounds and skills.

From the outside, it may appear as though the tech industry is populated predominantly by entrepreneurial whiz kids or bearded computer “geeks.” However, once you scratch the surface, it becomes clear that the Fintech sector provides diverse groups with various skill sets. 

For example, financial technology (or Fintech) attracts different talents, particularly individuals formerly interested in investment funds, law firms, or accounting practices.

The Benefits of Fintech

What is it about financial technology that attracts intelligent individuals from fields that appear to be so unrelated to the tech world in terms of required skills and a completely different professional mentality?

In our view, there are several reasons why the fintech industry offers professionals a sense of accountability and excitement.

Check out our Fintech Jobs and recruitment page here

That Sweet startup culture

Companies with a strong culture of freedom and responsibility are shared among tech firms. Fintech startups, like all other tech companies, are no exception.

Fintech startups provide an extreme contrast to the suffocating corporate mentality and bureaucracy that most financial institutions have. Graduate students interested in the financial sector but wary of City culture may discover that fintech startups offer the best of both worlds. In a similar vein, experienced financial professionals who have grown weary of working in a big corporation might find rejuvenation in starting their own business.

The real diversity of work

As it’s now known, Fintech is disrupting every aspect of the financial system. As a result, there are many fintech startups. The variety of work also implies that employers seek a wide range of skills and backgrounds. In other words, no matter which area of employment piques your interest, there should be a fintech startup to fit the bill.

Long term opportunity

In comparison, pay in the financial, legal, and accounting industries is typically good. While most work in fintech companies will not approach these heights, being a significant component of turning a startup into a worldwide star is genuine. Fintech startups will have several big exits throughout the next decade, making a lot of people extremely wealthy and powerful.

Fintech is having a real-world impact on our lives

Money and fintech are in today's world, so it may sound exaggerated to say that they're "woven into everyday life." Fintech encompasses everything from mobile payments and internet banking to company logistics. Ingenuity is popping up across the board in the financial sector. It's easy to see why ambitious individuals would be drawn to ride such a wave that's simply relevant to most of us consumers out there within an understandable age gap.

What Shouldn’t You Expect From Fintech?

Working in such a dynamic and fascinating industry comes with its own set of challenges. The job is complex, and the pressure is intense. Employees who enter the sector believing that their work-life balance would be superior to that found in other conventional professions will be sorely disappointed. All-nighters are commonplace among Fintech entrepreneurs when it comes to constructing.

Working in a tiny group also implies that when things go wrong, you can't hide. If the prospect of a lot of responsibility terrifies you, fintech entrepreneurship isn't for you. The benefits, in our opinion, are unrivalled if you're an ambitious type that wants to make a mar for yourself.

Whether you have a specific skill set, or just want to learn another on the job, Fintech startups are primed to provide a range of opportunities. You can also expect more traditional employers in the fintech space to offer good prospects for career progression

Why not pick up the phone or send over your CV so we can look at your background and take the time to see if one of our clients in Fintech could be an excellent fit for you?