Fintech is one of the most well-funded and fastest growing areas of emerging technology.
Employee churn can be a major problem for a company that’s growing
In the UK alone, fintech investments topped £27.5 billion in 2021, which is a sevenfold increase compared to 2020. This incredible growth rate is a reflection of the market opportunity. Instead of relying on traditional banking systems built decades ago which are not always fit for purpose, there is a significant opportunity to innovate through listening to customers to build something truly impactful.
While this offers a lot of promise, it can bring numerous challenges for the industry. The pressure to be the first to market a new product, remain on top of competition from fellow disruptors, and maintain a strong culture while building a high-growth environment can lead to a disjointed workforce. Yet high-speed growth shouldn’t come at a high human cost.
Debunking false perceptions
The notion that growth and innovation in the fintech industry are dependent on an unhealthy workplace culture that asks too much…
