FinTech Recruitment Agency: Our Experience

Nikoloz Khotcholava

Last updated on December 3, 2025 | 17 min read

BusinessFinanceIT RecruitmentRecruitment

• The article examines the challenges and solutions in recruiting specialized talent for FinTech organizations.
• It also outlines DevsData LLC’s expertise and approach to sourcing top professionals in the FinTech sector.

By 2032, the global FinTech market is expected to reach over $1.1 trillion, growing at over 16% annually and transforming how people send, save, and invest money. FinTech companies now offer fast, flexible solutions that reach users beyond the limits of traditional banks, supporting a wide range of transactions and personalized services. Unlike other technology sectors, recruitment in FinTech requires finding professionals who can bridge strict financial regulations with advanced technical skills. Developers, analysts, and compliance experts must not only write clean code or build scalable systems but also understand security, data privacy, and the regulatory frameworks that shape global finance. This dual demand makes FinTech hiring more complex and competitive than recruitment in broader IT fields, where sector-specific knowledge is rarely as critical.

Across the Americas, the number of FinTech startups rose from 5868 in 2018 to nearly 14000 by 2024.

This sharp increase has fueled competition for professionals who can handle regulatory shifts, deliver technical expertise, and support business growth. Companies now need a balanced approach that connects business priorities with the right technical capabilities. This article defines FinTech, explores how these systems work, examines industry hiring challenges, and discusses the role of recruitment agencies. It also explains why many firms partner with DevsData LLC, analyzes current trends, and closes with practical insights and answers to common questions.

What is FinTech?

FinTech refers to software and platforms that allow individuals and organizations to manage financial activities online. Many startups specialize in these services, and the spread of smartphones has increased their reach. Mobile apps now handle common tasks such as savings or tax payments, while businesses deploy new digital channels to broaden their reach.

Industries already influenced by mobile access, such as transportation and education, showed how rapid change could occur. Banks soon applied similar models, moving from partial automation to fully online operations. Alongside this shift, DeFi and blockchain networks have built strong momentum in the US, introducing services that bypass conventional banking structures.

FinTech has made banking more accessible for groups that traditional institutions often overlooked.

“For example, research from the Brookings Institution shows that more than 90% of Hispanic consumers, 88% of African Americans, and 79% of Asian consumers use FinTech products.”

Digital platforms also provide services at any hour, often through chatbots, offering flexibility that goes beyond regular banking hours.

How FinTech systems function

Understanding how FinTech operates means looking at a variety of apps and digital tools, each designed to help users manage financial activities in different ways. Some applications make it possible to securely link financial accounts, showing balances and transactions from multiple banks or services in one place. Others provide investment tracking, budget management, or personal finance insights based on real-time data.

Wealth management platforms often combine information from several accounts to create a clear summary for the user. By analyzing these details, many apps suggest practical steps for improving savings, investments, or overall financial health. There are also platforms focused on trading, where users can buy and sell stocks or cryptocurrencies with just a few taps. Robinhood and Coinbase are two well-known platforms that have made these processes much more accessible to a wider audience.

Several core technologies are at the heart of FinTech apps:

• APIs
  Open banking APIs connect user accounts to digital services, allowing for secure data sharing, fund transfers, and identity checks.
• Mobile applications
  Most providers build mobile apps so users can review accounts, manage money, or make transactions at any time. DevsData LLC regularly evaluates candidates in iOS and Android development, ensuring that financial apps reach users with reliability and security.
• Web-based platforms
  Many companies also offer browser-based solutions, making the same tools available on both computers and mobile devices.

These technologies have made digital finance part of daily life. For instance, sending money to friends or family is now more likely to involve Cash App or PayPal instead of cash or paper checks. At DevsData LLC, monitoring such shifts in user behavior is part of aligning clients with specialists who anticipate the next stage of FinTech adoption. This convenience and flexibility have made FinTech a central part of how people handle financial tasks.

Three main consumer benefits of FinTech

1. Nonstop account accessFinTech apps give consumers the flexibility to manage finances at any hour. Whether transferring funds, investing, or paying bills, users can complete transactions on their schedule. This constant availability means financial services fit into daily routines without the limitations of standard banking hours.
2. Enhanced transaction securityAs regulatory standards have become stricter, FinTech platforms are required to meet high security benchmarks before entering the market. In addition to reducing risks related to lost cards or cash, these tools use advanced cybersecurity features to protect against threats. Blockchain, for example, helps confirm the authenticity of complex online transactions by using a distributed ledger.
3. Simplified financial managementMany platforms now prioritize intuitive design, allowing users to navigate investments, payments, or budgeting tasks without needing advanced financial knowledge. Personalization features analyze individual activity and offer tailored insights, from adjusting spending habits to highlighting better savings opportunities. Innovations in investment tools give users direct access to stock and crypto markets, often packaged with automated guidance that supports smarter financial decisions.

The role of FinTech recruitment agencies

Specialized recruitment agencies play a vital part in helping FinTech companies secure the talent they need to innovate and grow. With financial technology changing rapidly, many roles require a mix of technical expertise and industry knowledge that can be hard to find. Recruitment firms dedicated to the FinTech sector understand these requirements and maintain networks of candidates with the specific skills businesses need, from software engineering and data science to compliance and digital product management. As shown in DevsData LLC’s work with AI, data science, and compliance hiring, specialized networks shorten search cycles while ensuring alignment with strict financial standards.

Beyond sourcing qualified applicants, FinTech recruitment agencies manage the entire hiring process. They assess technical abilities, screen for cultural fit, and verify candidates’ experience with financial regulations and digital tools. DevsData LLC applies structured interview models and technical evaluations developed through years of FinTech recruitment, making candidate assessments closely aligned with sector demands. By handling outreach and evaluation, agencies save companies time and reduce the risk of hiring mismatches, which is especially important in an industry where mistakes can have significant regulatory or operational consequences.

As competition for skilled FinTech professionals increases, working with a recruitment agency gives companies access to talent pools they may not reach on their own. DevsData LLC regularly tracks regulatory shifts and technology adoption trends, adjusting sourcing strategies so clients gain access to candidates already versed in emerging FinTech tools. This partnership supports both established firms and startups, making it easier to build teams that can deliver new digital products and services in a fast-moving market.

Choosing the right FinTech recruitment agency

Finding a FinTech recruitment agency that fits your organization’s needs requires careful evaluation across several key areas. The following factors can help guide your decision.

Industry expertise

When selecting a FinTech recruitment agency, begin by checking its experience in both finance and technology. Agencies with an in-depth grasp of these fields are better equipped to identify professionals who understand technical requirements and regulatory frameworks. DevsData LLC has operated across both domains, recruiting engineers familiar with financial compliance and product teams skilled in building digital platforms.

Record of achievement

A strong placement history demonstrates an agency’s ability to deliver results. Seek out agencies that can provide proof of previous successes, such as relevant case studies, positive client testimonials, and verifiable placements in roles similar to yours. DevsData LLC documents its FinTech projects through detailed case studies, showing successful placements in data science, compliance, and product development roles.

Reach and connections

The size and quality of an agency’s network are crucial. Agencies with broad industry connections can access a vast pool of candidates. This reach often includes passive talent, professionals who may not be actively searching but are open to the right opportunity.

Tailored recruitment methods

Effective agencies design their search processes around the demands of the FinTech sector. This approach involves a clear understanding of specialized positions, such as blockchain engineers, security analysts, and digital payments experts. An efficient, targeted process helps ensure that shortlisted candidates meet your expectations. DevsData LLC builds tailored evaluation steps for these positions, aligning shortlists with the technical and regulatory specifics of FinTech hiring.

Openness and regular updates

Transparent communication is essential during the recruitment process. Agencies should be upfront about their strategies, expected timeframes, and associated costs. Clear, ongoing updates enable clients to make smarter decisions and stay informed at every stage.

Ability to adapt

Since FinTech is constantly changing, flexibility is a must. Agencies that can adjust to new requirements or shifts in the hiring market will be better partners. Their adaptability allows them to respond quickly to emerging trends or urgent needs. DevsData LLC follows regulatory changes and technology adoption closely, updating sourcing strategies so clients stay ahead of market shifts.

Focus on quality

Prioritize agencies that concentrate on candidate quality instead of volume. A curated list of thoroughly vetted professionals is far more valuable than an extensive, unfiltered database. The right agency will use a strong screening process to ensure only the most suitable candidates are presented.

Why partner with DevsData LLC for FinTech staffing

Website: www.devsdata.com/
Company size: ~60 employees
Founding year: 2016
Headquarters: Brooklyn, NY, and Warsaw, Poland

DevsData LLC stands out in the FinTech recruitment space with more than nine years of experience connecting companies to highly skilled technical and business professionals. Founded by a former engineer with a background in technology and investment, the agency brings deep sector insight and firsthand knowledge of the fast-moving world of financial technology. This expertise allows DevsData LLC to understand the complex hiring needs that define the FinTech industry.

The agency has completed recruitment projects for major hedge funds, venture capital groups, and global financial services firms. Some of the notable organizations DevsData LLC has supported include:

• ExodusPoint Capital Management – a multi-strategy hedge fund based in New York.
• Signal Capital – a hedge fund located in London.
• Caladan – a hedge fund headquartered in Singapore.
• NewCoast Group – a multi-strategy family office in San Francisco.
• Idealab – a venture capital firm and startup incubator based in Pasadena.
• Kroll Government Solutions, LLC – a US-based subsidiary specializing in regulatory compliance.
• Paysera – a licensed digital bank in Lithuania.
• Xapo Bank – a Web3 bank regulated in Gibraltar.

These partnerships highlight DevsData LLC’s ability to deliver results for a wide variety of companies, from established market players to fast-growing startups. Their reach extends worldwide, including work with clients in the US, Europe, and Asia.

A tailored, data-driven approach sets DevsData LLC apart. The agency manages every phase of the recruitment process, from sourcing to placement, with extreme transparency at each stage. Clients receive access to a database of more than 65000 pre-vetted professionals and benefit from the expertise of over 40 experienced recruiters based in the US and Europe. Every candidate completes a rigorous, multi-stage evaluation process, including a 90-minute technical interview and communication assessment, ensuring both technical and cultural fit. This commitment to quality is reinforced by DevsData LLC’s government-approved recruitment license, which demonstrates compliance with strict hiring standards across international markets.

DevsData LLC specializes in high-demand areas such as AI, machine learning, and data science, helping FinTech companies build agile and high-performing teams. The agency operates exclusively on a success-fee model, so clients only pay once a recommended candidate is hired and proves to be the right match. Every placement includes a guarantee period, offering clients confidence and protection throughout the hiring process. Consistently positive feedback is reflected in 5/5 satisfaction ratings on platforms like Clutch and GoodFirms, further confirming the agency’s reputation for delivering exceptional results.

Key features:

• Global project delivery experience for clients in the US, Europe, Asia, and other international financial centers.
• Proven ability to recruit for specialized FinTech roles, including AI, data science, and machine learning experts.
• Successful partnerships with a wide range of organizations, from early-stage startups to established investment firms.

Notable Fintech case studies by DevsData LLC

Over time, DevsData LLC has managed a series of recruitment projects that highlight adaptability and skill in handling complex FinTech hiring needs. The company’s experience extends into crypto, supporting Cookie3 in growth-focused roles, LayerZero in protocol development searches, and Caladan.XYZ and TokenMetrics in senior technical placements. The following case studies present additional FinTech projects completed for clients across Europe and beyond.

Paysera (Lithuania)

Paysera, a Lithuanian digital financial services provider, partnered with DevsData LLC to scale hiring across regulated FinTech roles in Europe. The work began with senior backend and frontend developers. Next came mobile roles. QA and DevOps followed. AI specialists and PHP were added as the scope grew. Sourcing focused on Poland and Bulgaria, with Ukraine and Georgia used to widen the pool. Screening combined role-specific coding tasks with checks aligned to GDPR and PCI DSS. Over the course of three years, hiring quality improved, and the time to fill decreased. Product delivery moved faster. Paysera entered new markets and maintained high retention rates, earning strong approval from leadership.

Xapo Bank (London)

Xapo Bank, a Gibraltar-based digital bank that links regulated USD accounts with blockchain payments, engaged DevsData LLC to restart stalled recruiting across Europe. The team adopted stack-aligned screening that mirrored production. Coding exercises covered Node.js and React. Mobile checks used Swift and Python. Security evaluation focused on cryptography and API hygiene. Shortlists reached hiring managers in 6 business days.

Algorithmic trading company (London)

A London-based FinTech firm specializing in cryptocurrency algorithmic trading partnered with DevsData LLC to expand its engineering team. The client needed technical leads with strong backgrounds in algorithmic development and relevant financial sector experience. DevsData LLC conducted a focused international search, using targeted outreach, advanced technical screening, and live coding assessments. This process resulted in hiring four accomplished engineers and establishing a new engineering presence in Poland, well beyond the original aim of securing a single specialist.

NewCoast Group (California)

NewCoast Group, a multi-strategy family office in California, required a backend developer to support its trading infrastructure. The position called for expertise in Python, data engineering, Kubernetes, and a solid understanding of financial markets. DevsData LLC implemented a streamlined multi-stage selection process and ultimately placed a Serbian engineer whose skills matched the company’s precise technical and domain-specific criteria. The new hire integrated seamlessly into NewCoast’s US operations, underlining DevsData LLC’s effectiveness in recruiting specialized FinTech talent.

To explore how DevsData LLC can support your hiring needs in this sector, visit www.devsdata.com or reach out to general@devsdata.com.

Technologies driving the future of FinTech

Several emerging technologies are set to shape the next phase of FinTech development and influence how the industry evolves. The following innovations illustrate the tools and systems most likely to define how FinTech products are built and delivered in the coming years.

• Artificial intelligence (AI)
  AI will be a significant force in value creation for financial companies. According to McKinsey, generative AI alone could contribute as much as $4.4 trillion each year to the global economy. Financial institutions are expected to prioritize AI-driven strategies to better compete with expanding technology firms. The following innovations illustrate the tools and systems most likely to define how FinTech products are built and delivered in the coming years.
• Blockchain
  Blockchain technology is disrupting traditional finance by allowing transactions to be stored and verified in multiple locations at once. Innovations such as smart contracts, zero-knowledge proof, and decentralized storage are foundational for digital wallets, digital assets, decentralized finance, and NFTs.
• Cloud computing
  Research from McKinsey suggests that by 2030, the use of cloud technologies will help drive EBITDA gains of more than $1 trillion among the world’s largest 500 firms. For FinTech, cloud solutions offer increased efficiency and lower operational costs.
• Internet of Things (IoT)
  IoT enables smarter financial services through connected sensors, wireless communication, and advanced support systems for finance applications.
• Open-source software, serverless architecture, and SaaS.
  These solutions now form the backbone for both new FinTech companies and established financial institutions. They provide the speed and scalability needed for success in today’s digital-first economy.
• No-code and low-code platforms
  These tools make it easier for users and developers to build new applications using drag-and-drop interfaces, reducing reliance on traditional programming.
• Hyper-automation
  By combining AI, deep learning, event-based software, and automation tools, hyper-automation increases decision-making speed and streamlines routine work across the sector.

Final thoughts

Recruiting the right talent for FinTech organizations is essential for staying ahead in a market defined by constant change and innovation. The increasing demand for specialists with expertise in both technology and finance requires a thoughtful approach to talent acquisition.

As FinTech companies continue to evolve, finding candidates who not only meet technical requirements but also understand industry regulations, security standards, and emerging digital trends has become even more critical. Building teams that can adapt to shifting business needs and new technologies is key to long-term success.

A trusted recruitment partner helps ensure that companies can access skilled professionals capable of navigating the unique challenges and opportunities present in the financial technology space. With these factors in mind, selecting the right recruitment agency is crucial for organizations seeking to expand or transform their teams.

DevsData LLC offers a combination of over nine years of industry experience, a team that includes US-based experts. The company’s global approach is reflected in its proven track record with both multinational corporations and rapidly growing startups worldwide, including the US and Israel. With a database of 65000 thoroughly vetted candidates, DevsData LLC provides the reach and industry knowledge essential for hiring in the FinTech sector.

Looking to hire proven FinTech experts? Reach out to general@devsdata.com or visit www.devsdata.com to discuss your hiring needs.

Any questions or comments? Let me know on Twitter/X.

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Nikoloz Khotcholava Copywriter and Marketer

Nika Khotcholava is a dedicated copywriter with four years of experience crafting engaging content across various platforms. His background in social media management has sharpened his ability to communicate ideas effectively and collaborate closely with designers to bring creative visions to life. Nika thrives in fast-paced environments and enjoys learning something new every day.

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