Fintech Sales Recruiters
Fintech recruitment specialists providing superb sales, marketing, and CXO executive search for leading companies in the financial software space
The Fintech sales recruiters at Renascent Solutions have successfully completed numerous engagements for an array of companies that operate in the space. From New York to London, we’ve helped long-established and newly begun startups construct teams that perform well beyond expected quota numbers.
Banking
The market for this type of software that tends to central operations currently sits around $13 billion. That number is expected to increase to about $40 billion by 2029 as customers demand more personal, real-time services and artificial intelligence components gain greater efficiency and productivity.
Compliance/Regulation
The current governance and risk realm accounts for a $48 billion yearly spend by those in financial verticals who require sound processes and procedures. This amount should rapidly grow to $100 billion plus by 2030 due to ever changing sets of rules, increasing data breaches, continued fallout from the pandemic, and other pressing issues.
Finance
Global markets for planning tools presently rests around $4 billion, and expectations are that this will rise to about $20 billion by the end of the decade as an increasing number of higher net worth individuals emerge, mobile apps continue increasing consumer adoption, and numerous businesses start utilizing financial planning software at a higher rate.
Investment/Wealth Management
By 2030 the market for this type of software should reach the $12 billion point – a sharp jump up from its current value of about $3 billion. AI solutions are making implementation increasingly attractive, high-net-worth customers are seeking additional methods to manage their investments, and a number of emerging countries will be seeking improved tools.
Insurance
Demand for this type of software is presently about $8 billion per annum. Based on current growth and projections this will increase to $20 billion by 2027 as the industry itself rapidly expands, environmental factors prompt individuals to obtain additional services and coverage, and more improved backend applications are deemed necessary by providers.
Lending
The global market for this this of solution is currently at about $10 billion. By the end of the 2020’s this number should rather easily reach $40 billion as consumers seek more streamlined applications and processes, lenders hunt for all possible ways to increase revenue and serve clients, and additional forms of exchange are introduced into the system.
Payments
The software payments market sits at about $80 billion in 2022. As 2030 approaches all indications are that this will expand beyond the $350 billion mark. Mobile wallet usage is increasing at an exceptional rate, service providers are seeking methods to increase digital payments, retail operators are shifting options at a rapid clip, and increasingly improved communications services are making access and utilization more streamlined and viable.
Trading
Current year numbers show that almost $10 billion is invested into software that allows organizations to run trading. This should increase to around $12 billion by 2026 as AI integration improves functionality, demand for highly customized platforms increases, and additional geographic regions continue to increase adoption.