In the last nine months, AI has stolen fintech’s crown as the most popular (and most hyped-up) European tech sector.
So, true to brand, the neobanks and payments companies have been quick to adapt. From upgrading customer services to detecting fraud, the sector is investing big time into the efficiency-enhancing potential that machine learning buffs say AI will deliver. Time will tell whether these investments pay off.
Sifted contacted the top 20 most valuable fintech unicorns to find out about their AI hiring plans. Fourteen said they’re using AI — mostly to detect and reduce fraud and money laundering — and 12 said they’re currently hiring for at least one AI role. These jobs command salaries of up to £140k base pay, according to Glassdoor reviews.
But we’re still in the early days of fintechs hiring AI talent: the jobs boards Sifted contacted for this piece said they expect to have enough data to work out the most common AI roles fintechs are hiring for and average salaries for those positions in around six months time.
Here are the European fintech unicorns that are already investing in AI talent, ranked by their number of open roles.
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