Security News > 2021 > October > Fintech developers dissatisfied with their current roles, a major risk for their employers

Rapyd published a report conducted by 451 Research, to assess the market dynamics of fintech developers around the world.

Key findings in the report include a growing demand for fintech developers to create payment applications and building in-house tools as well as general job dissatisfaction.

A troubling level of dissatisfaction among fintech developers.

"On a global scale we are seeing increased focus by developers on Payments, Investing and Digital Banking as a priority for embedding fintech services," said Drew Harris, Senior Manager of Developer Relations at Rapyd.

"Improving payout processes and integrating local payment methods are top priorities, according to 36% and 33% of respondents respectively, demonstrating the growing need for business to support sophisticated payment integrations. Fintech developers are being tasked with creating new frontiers of embedded finance on which entire business models rely, no small feat."

Despite the meteoric growth of the industry, the report also identified a troubling level of dissatisfaction among developers, with 26% of respondents somewhat or very dissatisfied with their current jobs, a cause for concern for companies that have come to learn just how critical their developer workforce truly is.

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