The new players in the job market - Fintechs | Summary and Q&A

TL;DR

CFTE co-founder Hugh Nearing discusses the mission of CFTE to reskill people for the fintech sector and highlights the importance of bridging the skills gap in the rapidly changing world of finance and technology.

Key Insights

• 💗 Fintech employs a large and growing number of people globally.
• 🧑‍💻 The industry combines technology and finance, with tech roles dominating job opportunities.
• ❓ A flexible and adaptable mindset is crucial for success in fintech.
• 🏑 Communication, teamwork, and understanding of different fields are essential skills in the industry.
• 💝 CFTE focuses on continuous education and staying updated with the latest trends and developments in fintech.
• 🍉 The fintech job market is outpacing traditional financial institutions in terms of job openings.
• 🌉 The industry is rapidly evolving, and there is a need to bridge the skills gap.

Transcript

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Questions & Answers

Q: What is CFTE's main objective?

CFTE aims to bridge the skills gap in the fintech industry by helping individuals acquire the necessary skills for the rapidly evolving field.

Q: How does CFTE create its courses and learning modules?

CFTE works with industry experts and professionals to design and develop courses that cover essential topics in fintech. The focus is on understanding what is important and essential for individuals to learn in a fast-changing industry.

Q: What are the main findings of the fintech job report?

The report reveals that fintech companies employ around 300,000 people globally, almost equivalent to the number of people employed in the financial services sector in London. Fintech companies are also hiring at a rapid pace, with job openings outnumbering those in traditional financial institutions.

Q: What are the key insights from the content?

Answer:

• Fintech companies employ a significant number of people globally and are growing rapidly.

• The industry is a combination of technology and finance, with tech roles representing the majority of job opportunities.

• Having a flexible and adaptable mindset is crucial for success in fintech.

• Communication, teamwork, and understanding of different fields are essential skills in the industry.

• CFTE's focus is on continuous education and keeping up with the latest developments in fintech.

Summary & Key Takeaways

• CFTE aims to help individuals acquire the necessary skills for the evolving fintech industry by collaborating with experts and industry professionals.

• The company offers online courses and a community platform called "Think" that provides continuous education and up-to-date information on the latest developments in fintech.

• The fintech job report reveals that the industry is rapidly growing and currently employs around 300,000 people globally, with job openings in fintech companies outnumbering those in traditional financial institutions.