Browse financial technology companies on Employbl and the scale is striking: 3,007 companies tagged as fintech, with financial services companies reaching 5,779. Combined, these two categories represent one of the largest employer segments on the platform.
Are fintech companies hiring more engineers than traditional banks?
The answer is directionally yes, at least by growth rate. Traditional banks hire massive engineering organizations but the talent profile skews toward maintaining legacy systems. Fintech companies build net-new: APIs, mobile apps, real-time data pipelines, and ML models for credit, fraud, and compliance.
The Q2 2026 cycle illustrates this. Vestwell modernizes retirement savings. Sardine rebuilds fraud detection with ML. Moment builds fixed-income infrastructure from scratch. Loop solves payment orchestration for construction. Each is a greenfield engineering challenge.
See the Q2 2026 fintech funding roundup for the full breakdown of this quarter's raises.
