5 questions about forging a career in fintech answered

“As the fintech landscape is evolving rapidly, we need people with more and more diverse ideas on how to make financial tools universally available to empower people towards their individual progress,” he told Siliconrepublic.com this summer.

According to Sanghi, achieving this requires a “good understanding of how technology is evolving in terms of payments, banking, investing and lending, among others”. Thorough observation skills and knowledge of consumer behaviours and trends are also key.

“The current generation of people coming into the banking system for the first time ever is experiencing services in a completely different way than all prior generations,” he explained. “Having a good understanding of consumers’ needs is a great skill to develop.”

Sanghi had further advice for newcomers. He is a firm believer in on-the-job learning for aspiring fintech professionals. “The best way to develop new skills is to work in the industry and gain valuable experience,” he said.

“But instead of working at the traditional big bank, maybe try working at a fast-paced, high-growth start-up that is in the early stages and still trying to figure its way out. It will almost be like a crash course on multiple different subjects.” Read more via SiliconRepublic