UK fintech hiring is expected to rise as much as 14% in 2026 with the surge being driven by increased demands for payments infrastructure roles, according to a new report.
The new Fintech UK Finance Labour Market Trends report from Morgan McKinley and Vacancysoft claimed that hiring will shift towards payments infrastructure positions as well as engineering and and IT roles.
While neobanks have been a major hiring in the fintech sector, the report has claimed that payments providers are overtaking consumer digital banking, with the years of aggressive expansion at firms like Monzo and Revolut slowing as the sector matures.
“The UK fintech sector is entering a more disciplined and structurally selective phase of growth. This is not a slowdown in momentum, but a reorientation of where growth is occurring,” said Mark Astbury, director of project and change recruitment at Morgan McKinley.
“Growth is increasingly concentrated in IT infrastructure and engineering roles, as firms prioritise resilience, scalability and cloud-native architecture over pure product expansion.
“Most significantly, the centre of gravity within fintech is shifting. Payment infrastructure providers and SME-focused platforms are now outpacing consumer neobanks, many of which are beginning to moderate hiring after years of rapid expansion.”
