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Home FinTech

Asia-Pacific is seeing a hiring boom in power industry fintech roles

New York Tech Editorial Team by New York Tech Editorial Team
February 22, 2022
in FinTech
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Asia-Pacific is seeing a hiring boom in power industry fintech roles
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Asia-Pacific was the fastest growing region for fintech hiring among power industry companies in the three months ending December. The number of roles in Asia-Pacific made up 12.5% of total fintech jobs – up from 0% in the same quarter in 2020.

That was followed by North America, which saw a 4.1 year-on-year percentage point change in fintech roles.

The figures are compiled by GlobalData, which tracks the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.

GlobalData’s thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries. These key themes, which include fintech, are chosen to cover “any issue that keeps a CEO awake at night”.

By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels – and importantly where the market is expanding and contracting.

Which countries are seeing the most growth for fintech job ads in the power industry?

The fastest growing country was the Philippines, which saw 0% of all fintech job adverts in the three months ending December 2020, increasing to 12.5% in the three months ending December.

That was followed by the US (up 4.09 percentage points), Singapore (up zero), and Poland (up minus twenty-five).

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The top country for fintech roles in the power industry is the US, which saw 45.8% of all roles advertised in the three months ending December.

Which cities are the biggest hubs for fintech workers in the power industry?

Some 16.7% of all power industry fintech roles were advertised in Wroclaw (Poland) in the three months ending December – more than any other city.

That was followed by Eugene (US) with 16.7%, Pasay (Philippines) with 8.3%, and Taguig (Philippines) with 4.2%.

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