North America was the fastest growing region for fintech hiring among offshore industry companies in the three months ending December. The number of roles in North America made up 22.2 per cent of total fintech jobs – up from 0% in the same quarter in 2020.
That was followed by Asia-Pacific, which saw a 11.1 year-on-year percentage point change in fintech roles.
The figures are compiled by GlobalData, which tracks the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically. GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.
These key themes, which include fintech, are chosen to cover "any issue that keeps a CEO awake at night".
By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels – and importantly where the market is expanding and contracting.
Which countries are seeing the most growth for fintech job ads in the offshore industry?
The fastest growing country was the US, which saw 0% of all fintech job adverts in the three months ending December 2020, increasing to 22.2% in the three months ending December.
That was followed by Portugal (up 11.1 percentage points), the Philippines (up 11.1), and Singapore (up zero).
The top country for fintech roles in the offshore industry is Poland, which saw 44.4% of all roles advertised in the three months ending December.
Which cities are the biggest hubs for fintech workers in the offshore industry?
Some 44.4% of all offshore industry fintech roles were advertised in Wroclaw (Poland) in the three months ending December – more than any other city.
That was followed by Charlotte (US) with 44.4%, Taguig (Philippines) with 11.1%, and Lisbon (Portugal) with 11.1%.