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May 9, 2022

Europe is seeing a hiring boom in railway industry fintech roles

Some parts of the world are investing more heavily in fintech roles than others

By Data Journalism Team

Europe extended its dominance for fintech hiring among railway industry companies in the three months ending March.

The number of roles in Europe made up 64.3% of total fintech jobs – up from 6.1% in the same quarter last year.

That was followed by South & Central America, which saw a -4.1 year-on-year percentage point change in fintech roles.

The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.

GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.

These key themes, which include fintech, are chosen to cover "any issue that keeps a CEO awake at night".

By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.

Which countries are seeing the most growth for fintech job ads in the railway industry?

The fastest growing country was Hungary, which saw 0% of all fintech job adverts in the three months ending March 2021, increasing to 35.7% in the three months ending March this year.

That was followed by Spain (up 28.6 percentage points), Australia (-4.1), and Brazil (-4.1).

The top country for fintech roles in the railway industry is Hungary which saw 35.7% of all roles advertised in the three months ending March.

Which cities are the biggest hubs for fintech workers in the railway industry?

Some 35.7% of all railway industry fintech roles were advertised in Budapest (Hungary) in the three months ending March.

That was followed by Valencia (Spain) with 14.3%, Barcelona (Spain) with 14.3%, and Aventura (United States) with 7.1%.

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