Jemima M.

Why does everyone want to be a Fintech Advisor? This week alone over 50 people have approached me looking for PAID Fintech Advisory roles. It has become such a common thing that I've begun to automatically assume anyone reaching out to me is looking for a paid advisory gig! 🤣 I've been questioning myself all week asking .... "Is there a hidden market where startups with no money are paying people with slightly more (and often times less) experience than the founders in exchange for advice on how to grow their startup?" I say hidden because I've never once had a client ask me to find a paid advisor unless they were about to list or had an independent board seat or Chair role to fill. Pretty much all board seats are taken by investors. So where is this message coming from that there is a market for paid advisors in Fintech startups? There are only two areas of expertise where I see any type of paid advice on a regular basis legal/compliance/regulatory or raising capital. When it comes to advice, most startups/founders have investors, mentors and peers who can and do give all the advice they need. So if your plan is to make a career getting PAID by startups to offer advice, you may want to rethink it!

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FINTECH IS GROWING 🚀🦄 Fintech is growing across banking, payments, insurance, wealth management, digital assets and more – offering traditional retail banks the chance to diversify their revenue streams away from interest rate-sensitive products. Big banks want in, and are adopting several different entrance strategies – each with their own risks and rewards. A great article from Cityam over the weekend. #FINTECH #GROWTH #COMPETITION #BANKINGANDFINANCIALSERVICES

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🌟 Exciting News from Fintech-rec! 🌟 We just wrapped up a highly successful recruitment day for one of our top clients, seeking new Business Development Executives. We’re thrilled to announce that multiple placements were made from the event! 🎉 At Fintech-rec, we do all the leg work – from managing candidate expectations and shortlisting the best talent, to giving our clients the opportunity to see them in action for a day before making a decision. Our client couldn't be happier, expressing immense gratitude as we took all the stress out of the recruitment process. Are you on the lookout for young, ambitious future FX stars? Let's connect and discuss how Fintech-rec can deliver on your junior hiring needs. Let Fintech-Rec do the leg work for you. #RecruitmentSuccess #FintechRec #FXStars #BusinessDevelopment #FutureLeaders #JoinTheTeam

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Exciting developments in the payments industry! Instant payments, digital wallets, AI, and tokenisation are transforming how we handle money. It's clear that technology and regulation are driving rapid changes. As we push for seamless, real-time payments, what are your thoughts on the future of payments innovation? How can we balance speed and security? https://lnkd.in/eAG9wa6X #PaymentsInnovation #FinTech #RealTimePayments #AI #DigitalWallets #ConsumerTrends 

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❗ No Hire = No Fee ❗ Edwin Crypto are continuously onboarding new candidates across multiple skillsets. They are all actively looking for roles in #Digitalassets I am confident I can save you time on your candidate searches. I have over 25 years experience across front, middle and back office functions in financial services. If you are thinking of hiring or have open roles then please reach out to have a chat. We will add value to your hiring process. #hiring #openroles #cryptojobs

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Travel debit card Currensea has raised over £1.7m from 760 investors in just four hours on crowdfunding platform Seedrs. Currensea initially targeted a raise of £1m at a valuation of £28.5m. The successful campaign comes after the #fintech hit 100k cardholders in March, with its money-saving app now used globally every nine seconds. Currensea says the funds raised will support future customer acquisition and continued development of its co-brand offering. James Lynn, co-founder of Currensea, comments: “Consumer appetite for travel has almost fully recovered from the pandemic and the unprecedented investor demand for Currensea demonstrates the need for a simple solution that eliminates FX fees and maximises the value of our savings." In 2022, Currensea raised over £4.5m through a Seedrs crowdfunding raise as well as VC investment from venture capitalist Blackfinch Ventures and 1818 Venture Capital. Since launch, Currensea has raised a total of £11m. #yoursuccessourbusiness

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2 tips to increase how often you get approached for relevant roles on LinkedIn ⬇: ✅ Add as many keywords to your profile as possible, you would be surprised how many Payments sales professionals don't have Payments on their LinkedIn profile and it can be causing you to lose out on loads of amazing opportunities. Recruiters use specific keywords to search for the most relevant candidates for a role, some jobs will be industry specific or will require someone who has sold in to a specific vertical so get them on your profile!! ✅ Know what role you want to be approached for and mirror your LinkedIn to be similar. I'm not saying lie about your experience but you can highlight key points which are more relevant to your desired role. These things not only make my life easier when head-hunting but will make sure you are getting approached for more desirable positions. Salt

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I think this year more than ever before it has become clear that the banking sector in the UK is facing a number of challenges. In order to thrive banks must be flexible, innovative, and customer-focused in 2024 and beyond. I’ve just read an article which outlines 5 main challenges affecting the banking industry right now: 1. Fraud and financial crimes 2. Ethical concerns 3. Fintech development 4. Economic uncertainty 5. Online banking I’d love to know, in your experience, are there any challenges you’d add to this list? And as a side note, if you’d like to discuss fortifying your team with the right people to ensure your organisation is up to facing these challenges, drop me a DM today. https://lnkd.in/eGJ7k69E #Innovation #BankingSector #FinTech

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Have you ever wondered why payments regulation became crucial in the UK? Join me as I dive deep into its inception with John Burns, a pioneer in the field. Discover why it was needed and how it shaped the financial landscape. Listen to the full discussion here:  https://lnkd.in/dUbmWG5F #ComplianceMatters #ComplianceRecruitment #Compliance #ComplianceNews #ComplianceJobs 

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Euro 2024 wall charts! What better way to keep up to date with all the scores and action this summer?! Payments Pro Umbrella are looking to drop off and post these wall charts out to anyone interested! If you’d like your own wall chart for your office, give me a shout and get your orders in now. Adam Miller | Conner Vittorio Dente | Dan Moss | Tyan Locker | Joe Blinston #Euros2024 #umbrellacompany #recruitment #recruiters

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More positive news for banking and fintech. Monzo announce profits for the first time following the diversification of revenue streams. Traditional banking a thing of a the past? Kudos Monzo, great to see 👏 #banking #fintech #positivenews #investigofinancialservices

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💡🪙🖥️ Fantastic news for the UK Fintech sector! 🖥️🪙💡 📈The latest data crunch from Dealroom and HSBC Innovation Banking just dropped and Fintech is back on top as the UK's heavyweight champ in start-up funding, raking in a cool $1.4bn across 73 rounds in Q1 2024. 🧙‍♂️What does this mean for fintech IT wizards? Well, buckle up because the demand for your coding chops is skyrocketing. With big players like Monzo snagging £340m and AccessPay landing £18.8m, it's clear that fintech is hungry for tech innovation, and you are the ones serving up the goods. 💪But wait, there's more: while Fintech flexes its muscles, we're seeing a sweet stabilisation in start-up funding overall. And get this – enterprise software, semiconductors, and quantum computing are blowing up like never before. Think mind-bending algorithms, next-gen security protocols, and quantum-powered finance tools. Yeah, we're talking the bleeding edge of tech here. 🏙️And guess what? It's not all about London anymore. Edinburgh and Brighton are rising stars, with insane growth rates that'll make your coding fingers itch with excitement. 💥💻So, to all the code warriors in Fintech: let's ride this wave of innovation, hack the future of finance, and show the world what you are made of! 💻💥 #Fintech #Investment #Funding #Innovation #Technology #Digital #Northreach #YouGotThis

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Bit late to it... but better late than never, right? Rundown of Q2 in Team Java & Kotlin incoming ➡➡➡ 💪🏼 122% of our quarterly target 💸 Highest billing UK team at Understanding Recruitment 🏆 We hit our team incentive 📅 23 new client meetings ✅ 1.09 CV : 1 Interview ratio It's no secret that the last 18 months haven't been the smoothest sailing for the tech market, but one thing for certain is that things are moving in the right direction. What have we got in store for Q3? 💥 If you're looking to scale your engineering team this quarter and need some advice or support, feel free to reachout for a chat about how we can alleviate some of the headaches that come with hiring! #quarterlyupdate #hiring #techrecruitment #java #kotlin

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Monzo has introduced three new security controls-Known Locations, Trusted Contacts, and Secret QR codes—to protect customers from fraud. These opt-in features require customers to use at least two controls for bank transfers or savings withdrawals above a set limit, adding layers of verification based on location, trusted contacts, or QR codes. Digital financial services have brought remarkable advancements, making payments more convenient, inclusive, and efficient. However, these benefits come with challenges such as security risks, regulatory hurdles, technological barriers, and privacy concerns. The controls introduced by Monzo are straightforward solutions that traditional players can adopt to enhance consumer trust. #dfs #tech #digitaltransformation #innovation #controls #fintech

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Here's a temperature gauge of the current job market (it may surprise you) It's BUSY At MK Search , Hunter+Sage and SageTech Resources we are busier than ever We have more candidates than ever before I'm talking up to 70% more candidates in our well-vetted quality controlled pipeline We also have more job openings & clients calling (or using our website chatbots might I add) Here's what I'm finding: -Candidates are well-researched and have done their homework about your organization -Candidates are using AI to refine their resumes, cover letters and LinkedIn profiles There is also a labor wage pressure that is leveraging this inflationary period -Candidates are well aware that the cost of career transition is outweighed by higher comp However, the heavy volume of candidates, & wage pressure can slow things down Here's the solution: -Companies that are using organizations like our recruiting agency are moving quick because we've done all the hard work - we have THE BEST candidate already to present -Because of AI and Automation, we have THE BEST candidate within hours of your job posting, if not sooner Companies are struggling with just using their Talent Acquisition teams because of the lengths they need to go to to vet all applicants The cost associated with the length of time you leave that job open is far more than investing in our organization. I'll show you the math

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Is this an indicator that Fintech is moving in the right direction? 📈 It's been interesting tracking downloads and listens of Fintech Chatter Podcast over the past 4 and a half years. Last year saw our lowest average download per episode. When I tracked all other data in the sector ie funding, hiring and keyword searches it was absolutely on trend. I've cut back on the number of episodes this year as it's been a crazy busy year (another positive trend!) It looks like 2024 listens per episode are back to 2020 and 2022 levels. It's great to have loyal listeners who have stuck with the show through the tough times. But it does appear Fintech is attracting more people to the sector. Almost 40% of downloads have come from new listeners. What is your sense? Are we starting to see a turn around after a tough couple of years?

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Wondering if your salary aligns with the market average? We need your input! We've created a short, 5-question survey to get a clearer picture of salaries within the Financial Services sector. The survey is completely anonymous, and we don't collect any personal information. Your responses will help us build our 2024 Salary Survey, and as a thank you, you'll be entered into a draw to win a £100 Amazon voucher. Just leave your email at the end of the survey. Head to the link in the comments to complete the survey. #FinancialServicesSalaries #FinancialServicesRoles #FinancialServicesJobs

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✨ Update on the Interim CTO/CPTO opportunity for a FinTech Client I posted about last week ✨ I simply wanted to update the network and apologise if I've not replied or come back to you yet. For context I received over 250 applications to the advert, circa 30-40 direct LinkedIn messages/emails and countless calls. Just for this position. We all know the market is particularly challenging at the moment and it can be annoying / frustrating when you don't hear back from an application or message, etc. Especially for a top quality position, that you feel you're suitable for. Feel free to nudge me if I've not, in fact, its advice for anyone job searching at the moment. If you don't hear back from a recruiter / internal talent team. Drop them a follow up message on LinkedIn, send an email and then send a polite nudge and chase, if you still don't hear back. Don't always rely on an application as there will be other people doing what I've said, who will put them selves at the forefront of the recruiting persons mind / activities. It's also worth considering, the recruiting person may have other opportunities they're working on or in the pipeline, that you could be great for.

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