Insider finance: Top fintech recruiters

   2021-05-03 10:05

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:



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These 10 headhunters are helping fintechs like Coinbase, Stripe, and SoFi land big hires and stand out in the startup tech talent war



a group of people posing for the camera: Chime; Coinbase; Daversa; SoFi; Korn Ferry; Bowdoin Group; Marianne Ayala/Insider


© Chime; Coinbase; Daversa; SoFi; Korn Ferry; Bowdoin Group; Marianne Ayala/Insider
Chime; Coinbase; Daversa; SoFi; Korn Ferry; Bowdoin Group; Marianne Ayala/Insider

Fintechs are increasingly relying on outside recruiting firms to attract top talent. We polled startups, venture capitalists, and industry insiders to highlight 10 of the top fintech recruiters.

Check out the entire list.

After a year of market shocks and monster trading profits, hedge fund giants like Citadel and Millennium are raiding investment banks for volatility traders



Ken Griffin, Brian Moynihan posing for the camera: Phil McCarten/Reuters; Lucy Nicholson/Reuters; Erin Scott/Reuters; Michael Kovac/Getty Images; Denis Balibouse/Reuters; Samantha Lee/Insider


© Phil McCarten/Reuters; Lucy Nicholson/Reuters; Erin Scott/Reuters; Michael Kovac/Getty Images; Denis…
Phil McCarten/Reuters; Lucy Nicholson/Reuters; Erin Scott/Reuters; Michael Kovac/Getty Images; Denis Balibouse/Reuters; Samantha Lee/Insider

Buy-side trading firms have poached a slew of star derivatives traders from investment banks. Find out what’s causing the latest war for talent.

Investment banks are racing to staff up as deal work surges, and one recruiting firm has even formed a ‘SWAT team’ focused on hiring associates and VPs



a statue of a cow: Wall Street's Famous Bull Brendan McDermid/REUTERS


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Wall Street’s Famous Bull Brendan McDermid/REUTERS

Investment banks are seeking backup as they struggle to retain junior staffers. Here’s how recruiting firms are racing to help them poach talent.

Apollo’s dealmaking went into overdrive in the first quarter during a tumultuous period for the investment giant



Marc Rowan, Ron Turner standing next to a man in a suit and tie: Marc Rowan, Apollo co-founder. Reuters


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Marc Rowan, Apollo co-founder. Reuters

Apollo logged $17 billion in PE sales in the first quarter, Dealogic said, a firm record over the past decade. Get the full rundown here.

Fintech-focused headhunters are seeing a rush of work as startups scramble to staff up after mega rounds



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Samantha Lee/Business Insider

Fintech recruiting is hotter than ever as startups with fresh funding look for help staffing up. Find out more here.

A new China-focused hedge fund is coming from a former Blue Ridge Capital managing director



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Eric Wong is launching a China-focused hedge fund, sources tell Insider. Here’s what we know.

Exclusive: $4.3 billion fintech darling Marqeta is planning an IPO as early as June



a man wearing glasses and smiling at the camera: Jason Gardner, Marqeta CEO Marqeta


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Jason Gardner, Marqeta CEO Marqeta

Last valued at $4.3 billion, fintech startup Marqeta is going public in June, sources tell Insider. Read more here.

Must-know promotions, exits, and hires at firms like Blackstone, American Express, and Citadel



a man looking at the camera: Doug Buckminster, global president of American Express Chris Sorensen


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Doug Buckminster, global president of American Express Chris Sorensen

Blackstone hired Yifat Oron to head its new office in Tel Aviv. Citadel nabbed Dan Baranovsky, Citigroup’s North America head of equity derivatives trading. These are all the people moves you need to know across the Street.

Odd lots:

A Brawl Between Billionaire Founders at Apollo Sidelines One of Its Own (Bloomberg)

Google Cloud’s swell of big, longer-term deals are a sign that customers trust it won’t kill off its cloud products (Insider)

Donald Trump is set to share a $617 million windfall with Vornado Realty Trust, due to a property refinancing deal, reports say (Insider)

Robinhood deepens ties with JPMorgan by using bank for money transfers ahead of expected IPO (CNBC)

Wall Street Bonuses at Risk Amid New Clamor to Finish Dodd-Frank (Bloomberg)

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