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HHenry Akingboye 2 years ago
We live in a digital world, and the financial industry is no exception. Finance has merged with technology to create a whole new sector, FinTech, that is changing the way we manage our money in a big way. There’s a lot of investments being made in FinTech start-ups, and they have incredible potential for growth, so you could end up making more money if you find the right position.
So, whether you’re looking to start somewhere fresh or are just after something more lucrative, here are the three things to consider when making the change from finance to FinTech.
Identify your transferable skills
FinTech refers to the use of technology in any aspect of financial service, including markets, banking, payments, and insurance. And, whether you’re technologically inclined or not, your experience in finance will be invaluable for identifying and assessing opportunities that technology specialists might overlook.
Aim for the right companies and roles
Focus on looking for roles at FinTech companies in financial analysis, accounting, credit risk analysis, risk management, and compliance, as these are good roles for financial specialists to fill. Make sure you ask potential employers about their future goals before you accept job positions to determine whether they are in line with your own aspirations.
Continue to network
Networking is always important if you want to keep abreast of news and job opportunities within your sector, but it is especially useful if you’re thinking about changing from a career in finance to FinTech. It’s a fast-moving sector, so by attending events such as new app launches you can get a better idea of the structure of the industry, the upcoming trends, and the sorts of positions available that might suit your experience.
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