FinTech firms are among the industries experiencing the most rapid expansion globally. They employ state-of-the-art technology to develop more efficient payment methods and enhance convenience, thereby empowering end users to better manage their financial affairs.
In the United Kingdom alone, there are an estimated 3,200 FinTech (financial technology) companies, all of which compete to be the best at what they do. They provide opportunities for employees to leverage cutting-edge technology platforms and contribute to the advancement of financial management as an industry.
A limited number of these organizations are distinguished as model employers. Optimal organizations provide their staff with the autonomy to develop distinctive programs and solutions that optimize the efficiency and effectiveness of financial procedures. We have compiled a list of the top FinTech companies in the United Kingdom for employment purposes.
Checking In.com
Established in 2009 as Opus Payments, Checkout.com is among the most prominent payment processors in the United Kingdom. The processing behemoth, which maintains agreements with Visa and Mastercard, has been utilized by Coinbase, Pizza Hut, Netflix, and Binance, although the latter contract was subsequently terminated due to compliance concerns.
Checkout.com is renowned for its support and employment of women and has been rated among the top 25 companies providing the most advantageous technology stacks to work with, in addition to being one of the top 50 companies to work for in the United Kingdom.
While the company has garnered praise for promoting a healthy work-life balance among its staff, instances of employees being overburdened have been reported. Given the magnitude of the organization’s operations, these are credibly plausible. Nevertheless, it is widely acknowledged that such incidents are rare rather than typical and are wholly contingent upon the employee’s occupational status.
The TrueLayer
TrueLayer, similar to Checkout.com, has received numerous honors, including recognition as one of the top 50 employers in the United Kingdom and one of the leading FinTech firms in 2020.
TrueLayer is dedicated to revolutionizing the process of global payment through the development fun88 app download of payment systems that are compatible with both traditional fiat currency and cryptocurrencies. As a result, it endeavors to develop a platform for open banking payments that is applicable throughout Europe.
Attracting investors such as Stripe, Tencent Technologies, and Tiger Global, the organization’s remarkable technological stack is one of the highest praises from former and present staff. The one common complaint among employees is the excessive number of meetings that must be attended, which somewhat offsets this generous compensation. Nonetheless, these are essential for any organization seeking to effect global change.
The Revolut
Established in 2015, Revolut has rapidly gained prominence as a leading financial technology (FinTech) firm both domestically and globally. Recognized as the preferred payment processor for online casinos in the United Kingdom, the organization functions solely as a neobank and provides additional payment solutions as subsidies for its services.
Revolut, formerly regarded as the most valuable FinTech firm in the United Kingdom, recruits exceptionally skilled personnel. The positive corporate environment and the commendable equilibrium between work and personal life that it provides have been openly discussed by numerous individuals.
Another noteworthy advantage of employment at Revolut is the substantial array of prospects that ensue as a result. While many choose to stay to be a part of the future of financial solutions, those who leave find many more jobs after listing their tenure at the company as part of their professional experience.
Wise
Established in 2011 as TransferWise, a legal entity, Wise specializes in international cross-border payments. Its 2021 rebranding to the abbreviated form of its name reflected the fact that it had evolved into more than a simple international money transfer service.
Bursting onto the scene and claiming titles like the World Economic Forum Tech Pioneer, the company is known for its extensive hiring. It is also ranked as one of the top 50 companies to work for in the UK in 2023. Job opportunities are almost always available, with over 5,000 employees working across 17 countries.
Unlike some companies, however, these vacancies aren’t because of a high staff turnover. Many staff have spoken out about how they are never asked to work longer hours than necessary and enjoy a healthy balance between the office and their private lives. This is one of the reasons that jobs at the company are highly sought after in the industry.