Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

European News: Top 5 iGaming Solutions for a Fast Start in 2025 – SBSB Fintech Lawyers Recommend Leading Experts in Gaming, Finance, and Crypto Law

July 25, 2025

How Generative Tools Transform Marketing and Investor Engagement in Fintech

July 25, 2025

A rapidly expanding fintech amid high valuations and future profits

July 25, 2025

The surge towards digital currency and the looming presence of surveillance: finding your way through the complexities of Fintech.

July 25, 2025
Facebook X (Twitter) Instagram
Trending
  • European News: Top 5 iGaming Solutions for a Fast Start in 2025 – SBSB Fintech Lawyers Recommend Leading Experts in Gaming, Finance, and Crypto Law
  • How Generative Tools Transform Marketing and Investor Engagement in Fintech
  • A rapidly expanding fintech amid high valuations and future profits
  • The surge towards digital currency and the looming presence of surveillance: finding your way through the complexities of Fintech.
  • Clowd9 encourages the development of Lagos fintech in London
  • Yandex Türkiye launches tools for travel and AI financing.
  • Alset AI commends Hénon’s introduction of the IA inauguration toolkit for finance
  • Intuit Inc. is introducing new AI features and financial management tools for its Enterprise division to boost growth for mid-market companies.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    This Week in Fintech: Biweekly News Summary for June 24

    July 19, 2025

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025
  • AI

    How Generative Tools Transform Marketing and Investor Engagement in Fintech

    July 25, 2025

    Yandex Türkiye launches tools for travel and AI financing.

    July 25, 2025

    Alset AI commends Hénon’s introduction of the IA inauguration toolkit for finance

    July 24, 2025

    Intuit Inc. is introducing new AI features and financial management tools for its Enterprise division to boost growth for mid-market companies.

    July 24, 2025

    AI in finance: rapidity, scope, and personal connection

    July 24, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    European fintech company Tractial boosts its Bitcoin holdings to 25.03 BTC, highlighting trends in institutional cryptocurrency adoption.

    July 24, 2025

    Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

    July 24, 2025

    Trends in Fintech and Key Safety Considerations

    July 22, 2025

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025
  • Insights

    Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

    July 23, 2025

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025
  • Rumors

    A rapidly expanding fintech amid high valuations and future profits

    July 25, 2025

    Fast Track Group refutes $37 million in direct supply allegations and responds to market speculation.

    July 21, 2025

    Pro-Ripple attorney addresses XRP and Circle speculation on TradingView News

    July 19, 2025

    Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

    July 18, 2025

    The dollar is affected by speculation about Powell in the markets.

    July 17, 2025
  • Startups

    Clowd9 encourages the development of Lagos fintech in London

    July 25, 2025

    Tipalti’s Layoffs of Workers in Israel and Internationally

    July 24, 2025

    Abu Dhabi-based Fintech Company Synervest Secures $4 Million in Series A Funding

    July 24, 2025

    The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions

    July 23, 2025

    CSUF Business Graduate Launches Finch Startup

    July 23, 2025
  • finjobsly
fintechbits
Home » Fintech employment soars with growth of 7.5% in 2024
Jobs Market News

Fintech employment soars with growth of 7.5% in 2024

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
1733748169 Untitleddesign 2024 12 09t181258862.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

You are reading Entrepreneur India, an international franchise of Entrepreneur Media.

In 2021, India’s fintech sector saw significant growth, with investments worth over $8 billion made at various stages. At the time, the industry’s market size was around $31 billion, according to BInC Insights. By 2024, the market will grow almost 3.6 times to reach an impressive $111.14 billion.

In the third quarter of 2024, the sector attracted $778 million in funding, an increase of 66% from the $471 million in the third quarter of 2023, according to Tracxn data. Furthermore, the market is expected to reach $421.48 billion by 2029, with a robust compound annual growth rate (CAGR) of 30.55%, according to Mordor Intelligence.

This growth is largely driven by the integration of emerging technologies, including artificial intelligence (AI), blockchain and data analytics. The widespread adoption of fintech applications by businesses of all sizes – from small kirana stores and medical stores to renowned restaurants – has contributed significantly to this expansion into the mainstream. Leading fintech startups like Paytm, Pine Labs, PayU and Faircent have played a pivotal role in driving this growth.

Employment jump in 2024

The growth of the fintech sector also leads to an increase in job opportunities. According to a recent report from TeamLease, employment in the fintech sector is expected to grow by 7.5 percent in 2024. This increase is attributed to several factors, including a 7.3 percent net increase in employment in the banking sector, fueled by regulatory initiatives. and the growing demand for digital-centric services.

Non-banking financial companies (NBFCs) are also growing, with a net 5.1 percent increase in employment. Additionally, 63 percent of companies project growth and capabilities, focusing on improving their loan portfolios and expanding into underbanked regions. Additionally, insurance has the smallest net change in employment, at 2.0 percent, although 65 percent of companies anticipate an increase in their workforce. The industry is focusing on risk modeling, insurance collaborations and distribution innovation to drive market penetration. Recruitment is focused on actuarial experts, customer experience managers and data scientists to leverage big data analytics and AI-driven underwriting solutions, reflecting a conservative but focused recruitment approach technology.

Even if industry leaders are not significantly increasing their office headcount, they are prioritizing the skills of their workforce to align with evolving business models. Recruitment is particularly active in areas such as blockchain developers, digital product management, AI-enhanced fraud detection, credit risk analysis, cyber risk analysts, loan management digital, etc.

Krishnendu Chatterjee, Vice President and Business Head at TeamLease, explained the changing business landscape: “The rise in cloud adoption, AI and IoT integration is not only reshaping the functioning of businesses, but also redefines the roles and skills required. growth becomes more qualitative, emphasizing productivity, innovation and adaptability as much as expansion.

Chatterjee added: “We have observed an important inflection point in India’s workforce dynamics. Beyond the numbers, what stands out is the growing interdependence of technology adoption and workforce efficiency.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Transitioning to Content Creation After Leaving My FinTech Job

July 24, 2025

The field of fintech engineering is a fast-growing profession that values curiosity.

July 23, 2025

DBS Expands Career Coaching Access in Labor Market

July 22, 2025
Leave A Reply Cancel Reply

Latest news

European News: Top 5 iGaming Solutions for a Fast Start in 2025 – SBSB Fintech Lawyers Recommend Leading Experts in Gaming, Finance, and Crypto Law

July 25, 2025

How Generative Tools Transform Marketing and Investor Engagement in Fintech

July 25, 2025

A rapidly expanding fintech amid high valuations and future profits

July 25, 2025
News
  • AI in Finance (1,397)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (181)
  • Jobs Market News (295)
  • Market Insights (192)
  • Market Rumors (254)
  • Regulatory Updates (153)
  • Startup News (935)
  • Technology Innovations (155)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,397)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (181)
  • Jobs Market News (295)
  • Market Insights (192)
  • Market Rumors (254)
  • Regulatory Updates (153)
  • Startup News (935)
  • Technology Innovations (155)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.