“Are you both creative and analytical? Do you get excited about financial transactions, yet can’t stop thinking about the tech behind it? If this sounds like you, the Fintech industry is definitely worth learning more about. This resource round-up doesn’t only contain macro trends to watch in 2023 for Fintech, but also specific Boston fintech companies students can do more research on.  My fellow Career Captain, Evan Goddard MSF’24 and Technology/Innovation enthusiast, compiled his list of recommended articles and resources for students interested in breaking into this industry. Check it out!”

– Yuxuan Zhang MSBA’24

Winter Break Resource Round-Up for Careers in Financial Technology

The Evolution of Fintech

While fintech has become a buzzword in recent years, it is not limited to blockchain and cryptocurrencies. Fintech is any technology that streamlines transactions and the financial system. From ATMs to tap to pay, the article highlights the fintech revolutions of the last century and beyond.

Top Fintech Trends to Watch in 2023 

Fintech will continue to bring the financial world into the digital age for both institutions and individuals. Notably, access to credit lines will become increasingly available to the individual via the growth of the buy now pay later market. The demand for alternative funding sources that better suit individual businesses will also continue to grow, such as selling future revenues for funds now as opposed to taking on debt/sacrificing equity.  Additionally, fintech gives individuals more control over how their spending impacts the environment. The expansion of ESG-conscious consumers will increase demand for services that reward and assist in environmentally friendly buying activities.

10 Necessary Skills to Become a Fintech Professional

The skills necessary in finance will change as fintech spreads throughout the industry. There will be more demand for a technical workforce to create and maintain the finance world’s digital infrastructure. As finances increasingly become more digitized, demand for software engineers and cybersecurity specialists will increase to ensure safety against attacks on the financial system. With the consolidation of financial data in an accessible and digital environment, data analysis and artificial intelligence workforce hiring will also continue to grow in popularity at financial institutions. For those less interested in technical roles, financial expertise and stellar communication skills are essential.

Top Boston Fintech Companies 2023

Boston continues to be a leader in the financial services industry and that has not changed with the trend towards fintechs. In this article you can find information on some of the leading fintechs in the Boston area.

9 Fintech Careers You Can Pursue

The growth of fintechs means the growth of fintech-related job demand. Software engineers and security professionals will be in high demand. Indeed outlines details on various career offerings for those interested in supporting the foundation of the future of finance.

How to break into Fintech as a student

Technology is not going anywhere. Regardless of your career aspirations, technological literacy is more important than ever. For finance students who are looking to get ahead of the curb, take classes in machine learning or take a free code academy course in python. The greater base you build for yourself now in regard to your technological literacy, the more you future-proof yours for a career in finance.

The Benefits of a Career in Fintech

Fintech career demand will continue to grow. Indeed outlines the benefits of starting a career in fintech now and the types of companies in the fintech industry.

Analyze Financial Data with Python

Ready to start building your fintech skills beyond the classroom? Codecademy offers free financial python courses, allowing you to get a taste of jobs in the future of technical finance.