“The buzz and momentum from these companies is unlike anything I’ve seen before.”
with many people With fintech companies laying off employees, it’s easy to assume that the industry as a whole is in trouble.
But it’s not. In fact, some companies see an opportunity in mass layoffs.
Rex Salisbury, a founding partner at Cambrian Ventures and formerly on the fintech investment team at Andreessen Horowitz (a16z), believes that early stage fintech founders, especially pre-seed and seed stage, are “big winners in today’s job market. is.” We’re getting top talent that we couldn’t access six months ago. The buzz and momentum from these companies is unlike anything I’ve seen before and it’s unbelievable. ”
And Lee Hower, co-founder and partner of NextView Ventures, who was part of LinkedIn’s founding team, believes fintech remains “thriving” despite the recession.
“I was an early employee of PayPal, growing up during the dot-com recession, a rare IPO in 2002,” he told TechCrunch. “Today’s brightest stars of fintech are equally successful despite the macro backdrop, as they are solving real problems that consumers, businesses and financial institutions face every day.”
Here are some fintech companies that are hiring. Note that this is clearly not a comprehensive list. We will also follow up further in future editions of our fintech newsletter The Interchange. (Note: it will be published for free every Sunday).
- Insurance infrastructure startup LulaWith $18 million in funding from NextView Ventures, Founders Fund, Khosla Ventures and others, the company employs 10 people across engineering, product and sales.
- Another infrastructure startup, Unit, is also hiring, with nearly a dozen open positions in the US and Israel. The company last year raised funding in his $100 million Series C round led by Insight Partners at a valuation of $1.2 billion.
- arrangementThe New York-based company, which provides financial, identity, and privacy tools to consumers, is hiring eight engineers for its new product. hello privacy. The company procured $67 million From Battery Ventures, NextView Ventures, and General Catalyst.
- trading app Public.com employs 14 people in engineering, support, operations, marketing, product and design. The last time the company raised was in 2021, his $220 million Series D funding round at a valuation of his $1.2 billion.
- secure saveis an emergency savings fintech that has adopted at least five more roles across sales and operations in the coming months.
- set point We are hiring for 5 positions in Sales, Finance, Operations and Engineering. The company recently raised his $43 million in new funding led by Andreesen Horowitz.
- autophys, Recently Raised B2B BNPL $8 million seed From QED and Cambrian Rex Salisbury, 4 roles.
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