Fintech Startup Jobs at Less Risk Than Other Sectors

A new report estimates that around 22% of fintech jobs in the UK are under immediate or moderate risk; however this is much smaller than the 61% of jobs at risk when you include the entire Beauhurst database of the UK’s most ambitious startups; according to the data, only 3% of UK fintechs are in the high risk category with the current pandemic, compared to 17% of all startups being high risk; the reason for this is many of these startups provide the infrastructure to other financial services companies; the B2B business models tend to fare better than those in the B2C space; fintech startups also tend to provide their services remotely; Ed Lascelles, fintech partner at Albion VC stated, “Aside from some of the lenders… I’d expect the sector as a whole to be much more resilient than the wider economy. The benefits of agile, cloud-native services have never been clearer…We are already hearing of transformational projects being prioritised throughout the whole sector, and so long as we avoid a financial crisis we expect this momentum to increase.” Sifted

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.