Looking forward to 2023, you may be considering a career in the financial technology (FinTech) industry. This was one of most prominent and well-paid sectors for remote jobs in 2021-22. In fact, more venture capital funding was poured into FinTech companies in 2021-22 than ever before.
Don't let dips in the stock market discourage you from pursuing your own career in this emerging career. In fact, seven FinTech companies ranked in LinkedIn's Top 50 Startups list for 2022.
LinkedIn business and finance editor, Devin Banerjee, told TechCrunch, "A majority of fintech startups on this year’s list deal in the realms of building and managing credit for businesses and consumers — credit management is only becoming more important as interest rates rise and the economy slows, positioning these companies to play an even more relevant role in the lives of their users and customers.”
FinTech is exactly what it sounds like: the use of innovation and technology to create ways to compete with and change the financial services industry.
What does the FinTech boom mean for remote workers? Times are good for finding remote jobs in almost every area of technology, and FinTech jobs are some of the best paying and highest in demand.
In fact, FinTech Futures, recently listed the top seven FinTech roles companies are hiring for. They include:
- Product management (IT)
- Software engineering
- UI and UX design/ development
- Information security
- Customer success
- Business analysis
If you work in one of these fields and see great potential in the future of FinTech, you may be looking to be a part of the growth. To help you reach your goals, we've put together a list of some of the companies hiring—or poised to hire—a high volume of remote workers in 2022 and beyond. Be sure to search wrkfrce’s job board for the most recent remote listings in FinTech and other industries.
This blockchain financial services venture might be one of the hottest FinTech start-ups around. Mortgage lending on the blockchain? Figure is streamlining the Web3 process. Figure recently announced its merger with Apollo, which will allow for the origination of digital mortgage loans and transfer of ownership via blockchain technology. And though not all of the company's open positions are remote, a large majority are. For those looking to get involved very early in a rapidly growing and highly funded company, look no further.
Divvy is one of the newest members of the FinTech unicorn club, earning a $1 billion valuation after a $165 million Series D funding raise earlier this year. The spend management platform has since been acquired by Bill.com, but Divvy still makes its own stand-alone hires. Despite a 150,000-square-foot office south of Salt Lake City, Divvy has developed a “FlexWork” program by which employees get to pick how and where they work. Divvy currently has dozens of remote positions open in software engineering, sales, marketing, and operations.
Yes, it’s one of the FinTech giants. But the 12-year-old Jack Dorsey–run financial services company made headlines in May 2020 when it became one of the first major tech companies to announce permanent remote work status for employees who want it. Not surprisingly, the company has a massive range of remote positions, with nearly 600 openings. For those seeking less traditional remote FinTech jobs, Square is worth checking out. Current openings include executive assistants, real estate analysts, and credit risk underwriters, among many, many others.
If you’re an avid online shopper, you’ve probably noticed the option to pay off an item through 0 percent interest loans from Affirm. (Full disclosure: This writer is currently paying off a Peloton and gravel bike through Affirm!) The FinTech company, less than a decade old, has raised nearly $3 billion in funding, including a hefty $1.4 billion post-IPO equity round earlier this year. Read: Affirm is hiring a ton. And almost all of the positions are remote.
Founded in 2002, HealthEquity is another one of the more established FinTech firms. Like Divvy, HealthEquity’s main office is based in Draper, Utah, at the base of the Wasatch mountain range. But the company, which focuses on health savings accounts (HSAs), has lots of remote positions currently open. HealthEquity’s mission is to make HSAs more common than 401(k)s by 2030. So far, the company has more than 12 million members at over 100,000 organizations.
Real estate loan upstart LendingHome was launched in 2013 and has consistently raised large chunks of venture capital dollars basically every year since. That means a lot of hiring. For those looking for the potential of an office and remote ability, LendingHome is for you. There are currently plenty of open positions within the California-based company, from loan officers to underwriters to talent recruiters to accountants and marketers, in many different locations around the country.
If you want to get in early at a start-up with a chip on its shoulder, behold Dave. The self-proclaimed “challenger bank” is less than five years old and has already raised more than $176 million in venture capital backing, including a $100 million round earlier this year. Right now, Dave is totally remote and will hire anyone based in the United States (not including Hawaii). Although the company says it will always allow its employees to stay remote, Dave plans on opening offices in Los Angeles and San Francisco soon, for those interested in a hybrid option. Either way, the company currently has many openings running the gamut of career paths typical of an early-stage start-up, such as product designers, data analysts and scientists, software and data engineers, and product, technical, and marketing managers.
We like Greenlight for many reasons. Greenlight does essentially one thing—offers a debit card for parents to give to their children to monitor spending habits. We dig the financial literacy potential from a young age that Greenlight offers. We also dig that while Greenlight has an Atlanta home base, it hires fully remote (unless people want to come into the Atlanta office). The upstart, launched in 2014, is fresh off a massive $260 million funding haul and has numerous available positions, mainly in product, marketing, and engineering.
Aiming to make an impact in health care? If so, Clover Health is totally worth checking out. Clover’s sophisticated use of custom software and analytics to help providers reduce avoidable spending makes this a unique FinTech option. The company was launched in 2014 to support individuals in living their healthiest lives through a medical advantage plan. It’s since surged, raising more than $1.3 billion in funding and going public. Clover Health provides an opportunity for health care professionals seeking remote work, as well as those in finance, communications, data, engineering, and sales, among other areas. Clover has a slew of openings for people all over the United States.
Brex is your classic Silicon Valley–based FinTech company. Launched in 2017, this remote-first credit card and cash management venture has completed Y Combinator, rapidly raised about $1 billion in funding, and surged to more than 600 employees. And Brex is hiring a bunch more. Being a remote-first company flush with cash, Brex can offer employees some cool perks, like a onetime office setup budget and monthly remote work–related stipends.
Stripe dubs itself as "a financial infrastructure platform for businesses." Essentially, this venture capital backed company, founded in Silicon Valley in 2010 and headquartered in Dublin, Ireland, allows global companies to accept payments online. As the company states in its jobs announcements, "Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead." That means there are plenty of remote jobs - from entry level to engineer to executive - for those who want to work in FinTech.
Restaurant and hospitality focused point-of-sale platform Toast is another young, super hot company with nearly $1 billion in funding and hundreds of job openings to go along with it. As you can imagine with that number of openings, Toast has opportunities in all sorts of career paths and has purely remote roles as well as basically remote roles spread throughout the country.
After exploring the above options, be sure to visit our job board and check out all the FinTech jobs listed there.