By most measures, 2022 was a tough year for companies that enable digital payments, resulting in a flurry of job losses among tech workers.
There have been more than 90,000 layoffs in the technology sector, according to Crunchbase. This includes challenger banks and digital payments companies, including high-profile firms such as Stripe, Brex and Klarna.
“In my personal experience, having lost my job in the past, you learn that you’re not infallible,” said Charles Rosenblatt, president of PayQuicker, a payments company that supports disbursements. “It helped me become a much more humble employee, which I think is an important quality for both an employee and an employer.”
Some of these workers may find their skills in demand, as there are fintech and legacy card companies aggressively adding staff to gain an edge in the coming year.
Here are some payments and fintech companies that have announced large-scale hiring plans.