The Fintech Times, a global multimedia news outlet centred around the world’s first leading Fintech newspaper, highlights the Centre for Finance, Technology and Entrepreneurship’s global research report launch at the Singapore Fintech Festival 2021, one of the largest fintech conferences in the world.
The report titles, ‘the Fintech Job Report’ from the Centre for Finance, Technology and Entrepreneurship (CFTE) analysed the 225 largest Fintech companies, representing $2.7T of market capitalisation, and identified 40,000 jobs offered by these companies. The research found that jobs in Fintech are much closer to jobs in tech companies rather than financial services, leading to the conclusion that “technology is eating finance” both in the innovation and recruitment trends. It also showed that Fintech provides an opportunity for many individuals to create, start, grow and pivot into the industry.
“A few years ago, the industry was wondering if banks should be tech companies or not. Our research shows that at least from an employment standpoint, Fintech companies are definitely tech, and not finance companies. This important finding should be taken into consideration by job seekers and students, but also banks and regulators.” Huy Nguyen Trieu, co-founder of Centre for Finance, Technology and Entrepreneurship.
CFTE is a global knowledge platform in digital finance that aims to liberalise education by making learning about the biggest technologies and trends in finance accessible to anyone. We help people build skills to transform their careers with courses that go beyond traditional learning. At CFTE you can learn from those steering the biggest developments in the financial sphere – from global CEOs to disruptive entrepreneurs hailing from Starling Bank, UBS, Mastercard, IBM and other large institutions. To help meet every learner’s goals, CFTE offers Specialisations to get certified in any area of digital finance as well as continuous learning material to stay on top of the latest trends in digital finance 365 days a year on THINK. From beginner to master, at CFTE there is something for everyone.
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