View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Analysis
February 19, 2022

North America is seeing a hiring boom in payment industry fintech roles

By Michael Goodier

North America extended its dominance for fintech hiring among payment industry companies in the three months ending December 2021.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

The number of roles in North America made up 82.3% of total fintech jobs – up from 67.9% in the same quarter in 2020.

That was followed by Europe, which saw a -1.5 year-on-year percentage point change in fintech roles.

The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.

GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.

These key themes, which include fintech, are chosen to cover "any issue that keeps a CEO awake at night".

By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.

Which countries are seeing the most growth for fintech job ads in the payment industry?

The fastest growing country was the US, which saw 51.4% of all fintech job adverts in the three months ending December 2020, increasing to 75.9% in the three months ending December.

That was followed by Ireland (up 0.1 percentage points), Germany (up zero), and the Philippines (up -0.7).

The top country for fintech roles in the payment industry is the United States which saw 75.9% of all roles advertised in the three months ending December.

Which cities are the biggest hubs for fintech workers in the payment industry?

Some 2.9% of all payment industry fintech roles were advertised in Washington, D.C. (US) in the three months ending December - more than any other city.

That was followed by Austin (US)  also with 2.9%, San Jose (US) with 1.8%, and Chicago (US) with 1.4%.

GlobalData is the parent company of Electronic Payments International and its sister publications.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International