The highest paying fintechs: Stripe displaced, and pros of lower pay elsewhere (2024)

FAQs

The highest paying fintechs: Stripe displaced, and pros of lower pay elsewhere? ›

Atop the fintech pay mountain is Plaid. The B2B infrastructure fintech was very generous this year, bumping up compensation to $424k from $388k last year, based on Levels' figures. Conversely, Stripe paid $398k on average in 2022 but dropped its average to $370k this year.

The average fintech salary in the United Kingdom is £62,500 per year or £32.05 per hour. Entry level positions start at £45,000 per year while most experienced workers make up to £83,125 per year.

The Glassdoor data closes the gap a bit—but even so, it seems that fintech pays a bit more than traditional financial firms, especially when you consider how software engineers' compensation at fintech firms will only increase with tenure (provided the firm survives, of course).

Benefits of working in the fintech industry

Highly profitable: Successful fintech companies can make quite a bit of profit, which translates into how much your salary might be. If you're looking for a high-paying career, you might want to consider this industry.

As of May 25, 2024, the average annual pay for a Fintech in the United States is $123,495 a year. Just in case you need a simple salary calculator, that works out to be approximately $59.37 an hour.

Fintech's advantages include easy access, transaction efficiency, and lower costs. Nevertheless, fintech also has disadvantages, such as data security issues, technological dependence, and a lack of consistent regulation.

Average Fintech hourly pay ranges from approximately $16.43 per hour for Business Development Representative to $83.43 per hour for Registered Nurse. The average Fintech salary ranges from approximately $45,940 per year for Sales Representative to $111,812 per year for Partnership Manager.

What is the hardest finance job to get? ›

1. Investment Banker. Roles in investing banking are highly sought after. For investment bankers, it's often a higher competition to land a role in one of the largest firms.

What are the highest-paying jobs in America? Unsurprisingly, physicians, surgeons and psychiatrists rank near the top of the list. But chief executives, airline pilots and athletes also rank high. Many of the highest-paying occupations in America are also among the fastest-growing jobs.

Learning FinTech involves mastering industry-specific tools such as Python, as well as constantly staying ahead of technological innovation in the field. Professionals in FinTech need to combine both hard skills, such as data visualization and programming, with soft skills like communication and business acumen.

While conventional banks are constrained by slow processes and reliance on legacy infrastructure, fintech companies offer multiple business benefits: Higher customer satisfaction through intuitive interfaces and personalized services.

How much does a Fintech make? As of May 23, 2024, the average annual pay for a Fintech in the United States is $123,495 a year. Just in case you need a simple salary calculator, that works out to be approximately $59.37 an hour.

An undergrad degree in information technology, computer science, or engineering will give you the technical skills to start your formal education in the field of fintech. A business, economics, or finance degree will provide you with the financial knowledge you need.

What is the average salary for a Chief Executive Officer at Fintech Bank in the United States? Based on our data, it appears that the optimal compensation range for a Chief Executive Officer at Fintech Bank is between $651,416 and $1,078,036, with an average salary of $853,577.