Banks and fintechs are duelling in a ‘war for talent’

CROSSING THE POND: Internet polling company SurveyMonkey is bringing its services to Britain. — Reuters

Europe’s financial technology startups are on hiring mode, fighting each other – and the incumbents – in what one executive described as a “war for talent.” 

Payments company GoCardless Ltd, which employs 170 people in London, will open a Paris office in February, said chief product and technology officer Carlos Gonzalez-Cadenas. Online lender LendInvest Ltd said it will make a “concerted effort” to hire additional engineers in London this year, while Salesforce.com Inc.-backed software company Anaplan Inc says hiring engineering talent is its current priority.