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May 12, 2022updated 09 May 2022 8:55am

South & Central America is seeing a hiring boom in mining industry fintech roles

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

By Data Journalism Team

South & Central America extended its dominance for fintech hiring among mining industry companies in the three months ending March.

The number of roles in South & Central America made up 81.2% of total fintech jobs – up from 82.1% in the same quarter last year. That was followed by Europe, which saw a -3.8 year-on-year percentage point change in fintech roles.

The figures are compiled by GlobalData, which tracks 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 mining industry?

The fastest growing country was Peru, which saw 17.9% of all fintech job adverts in the three months ending March 2021, increasing to 43.8% in the three months ending March this year. That was followed by Brazil (up 8.9 percentage points), Portugal (1.6), and Belgium (-3.6).

The top country for fintech roles in the mining industry is Peru, which saw 43.8% of all roles advertised in the three months ending March.

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

Some 18.8% of all mining industry fintech roles were advertised in Arequipa (Peru) in the three months ending March.

That was followed by Moquegua (Peru) with 17.2%, Santiago (Chile) with 14.1%, and Antofagasta (Chile) with 10.9%.

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