Fintech is revolutionising how money works and disrupting traditional financial institutions and their services. From payments to loans, fintech is not only tearing down old silos and changing the way businesses start and run their operations, but also advancing consumers financial lives through leveraging advanced technology.
It’s an exciting, new and diverse field with strong growth potential in Malaysia. Here are four tips if you want to enter the dynamic and competitive fintech start-up world.
Knowing the ins and outs of the industryAs with all job seekers across industries, it’s without question that an in-depth understanding of the industry is crucial. The nature of start-up companies, coupled with the need to scale quickly often means you have to be fast and agile – especially in keeping up with the constant changing pace of trends in the fintech industry. Attending seminars, reading articles and even talking to people who work in fintech will certainly boost your knowledge and confidence when walking into the interview room.
Thinking outside the box Fintech is disrupting nearly every segment of the wider financial industry, and more and more players are entering the booming sector with ever efficient and creative financial solution. Being able to come up with novel ideas will be your priority – whether it’s from a technological standpoint or business strategy. Demonstrate your entrepreneurial mindset and willingness to think outside the traditional box to find creative ways to innovate and solve problems in this ever-evolving and competitive industry.
Looking at other in-demand roles in the industryThe company may have the technology and financial solution, but they still need a team of talented workers with unique skills and from diverse backgrounds to make it successful locally and globally. Roles such as sales, digital marketing, business analysis, data science and HR are essential for a strong fintech startup; especially in regards to growth and productivity. Don’t hesitate to check out other positions in the company that more closely match your skills, as it’s an opportunity to venture into this exciting industry.
Honing your communication and team working skillsFintech startups are agile and often operate under high pressure and tight deadlines – often also in cross-functional teams. On top of being effective in your role, startup business owners will value employees who display great teamwork as you will be working with different people across all positions in the company. You’ll need to foster and have good relationships with your co-workers to make sure work gets delivered on time and in turn achieve your goals.