Smart Approach to Hiring Banking Fintech App Developers

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Fintech App Development Services

Fintech app development services are in high demand, but it’s not that easy finding the right team to work on your project. Major Silicon Valley companies are aggressively recruiting banking fintech app developers for their businesses by offering lucrative pay packages, bonuses, and equity. It can be difficult for start-ups to compete with the salaries on offer. 

This is made all the worse by the dearth of skills in the Fintech industry. Fintech requires complex skills and experience due to the sensitive nature of the information being handled and processes, and there are more senior developers needed than currently available. 

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The only way to get your project made if you are a smaller company or if you have a limited budget is to take a smart approach to hiring. 

 

Acquiring Fintech App Development Services The Smart Way 

Sometimes the best way to acquire fintech application development services is to think outside of the box. You don’t have to go the normal route of advertising vacancies hoping you’ll get enough good applications to get your project off the ground. Here are a few things you can try. 

 

1. Use a Fintech Mobile App Development Company

You don’t have to hire your own team just because you need fintech mobile app development services. In fact, it’s quicker, cheaper and easier to outsource the entire project to an offshore fintech app development company. These companies usually cost a  mere fraction of the fee it would cost to hire a team locally and they can get started with your project right away. 

 

2. Ask Your Connections For Referrals

Employees tend to change jobs all the time in the IT space. Ask your existing team, your LinkedIn connections and your friends for referrals. They will probably know someone on the market and can make a recommendation. You can even incentivize your team to make recommendations by offering lucrative referral bonuses if you successfully place a recommended candidate. 

 

3. Visit the Tech Circuit

You can visit popular tech events like PyCon (for Python developers) or Java Day (for Java developers) to network and meet good developers on your own. If you have a compelling project, you can pitch it to them face-to-face. 

 

4. Host a Hackathon

Developers love a challenge. You can recruit top talent by hosting a hackathon and inviting skilled developers to come together and help you sort out a problem. It doesn’t have to cost a lot of money and you might even come up with a great innovation along the way!

 

5. Freelancing sites

Freelancing sites aren’t always ideal. Freelancers can be expensive and once you have a team together, it can be hard to manage everyone’s schedule effectively. However, if you only need a few supplementary skills to make your team complete, a freelancer can make a positive difference. Try using sites like Upwork, Freelancer or WeWorkRemotely to find talented developers to work on your project.

 

6. Use Forums and Blogs

You’ll find plenty of developers that are active on websites like Reddit, Github, or other forums. You should join in on the conversation and share your own content. Comment on articles, pose questions and share bits of information from your project to pique their interest. You never know who you will meet along the way, and it’s a good way to promote your project too! 

 

Conclusion

Finding Fintech app developers services in this crowded market isn’t easy, but if you apply your mind to some out-of-the-box solutions, you can find the best developers in places others simply aren’t looking! You’ll have the competitive edge and the pick of the best developers in the world!

 

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