This content originally appeared on DEV Community and was authored by Alex
Building a new financial technology product is not just about hiring “good developers”. You need people who understand both software and finance, security and regulation, user experience and real world money flows. Many founders and product leaders realise this only after they have already written code and hit first obstacles with compliance, integrations or performance.
So how can you actually find the right experts to build a new fintech product, and how do you evaluate whether they are a good fit?
Start With a Clear Picture of What You Need
Before you look for experts, it helps to decide what kind of expertise you really need.
Clarify a few points:
- What type of product are you building? Payments, lending, wealth, accounting, trading, insurance?
- Who is the primary user? Consumers, SMEs, enterprises, internal teams?
- Which markets and regulators will you need to deal with?
- Do you want to build an in house team, work with an external partner, or mix both models?
This picture does not need to be perfect, but it should be concrete enough to guide your search. A team that is great at consumer wallets might not be ideal for a B2B capital markets platform, and the other way around.
Look for Real Fintech Experience, Not Just “Interest in Finance”
The easiest mistake is to hire “great engineers who are curious about finance” and expect them to navigate the complexity alone. Curiosity helps, but experience with real financial systems saves a lot of time and risk.
Where to focus:
- Past projects in regulated areas such as banking, payments, trading, lending or insurance.
- Familiarity with concepts like KYC, AML, PCI DSS, PSD2, open banking and local regulations.
- Evidence that they have worked with core banking, payment processors, KYC providers or similar infrastructure.
Good signals are detailed case studies, talks, technical blog posts and concrete examples of how they solved specific problems. For example, how they handled reconciliation, fraud detection, risk checks or regulatory reporting.
Use the Right Channels to Find Fintech Talent
Generic job boards and random freelance platforms rarely surface strong fintech specialists. There are more targeted ways to search.
Useful channels:
- Specialist agencies that focus on fintech engineering and product roles.
- Meetups, conferences and online communities in the fintech space.
- Open source projects related to financial systems, APIs or risk tools.
- Professional networks such as LinkedIn where you can search by specific stack and domain.
For external companies, marketplaces that vet fintech focussed agencies or studios can also help. Look for proof of delivery, reference clients and clear engagement models.
Ask Better Questions During Evaluation
Once you find potential experts, the next step is evaluation. Instead of only checking language or framework skills, focus on how they think about financial products as systems.
Helpful questions:
- Can they explain end to end money flows for a typical use case in your domain?
- How do they usually handle idempotency for financial operations?
- What are common security risks for your type of product and how do they mitigate them?
- How would they approach integrating with a legacy core or a third party provider?
- What mistakes have they seen in previous fintech projects and what did they learn?
The goal is to see if they can connect code decisions with financial and regulatory impact. Strong experts can describe trade offs and risk, not just implementation details.
Evaluate Communication and Collaboration Skills
Fintech projects involve many stakeholders. Legal, compliance, risk, operations, support and business teams all have a say. Experts who cannot communicate clearly will slow the project down even if they are very strong technically.
Pay attention to:
- How they explain complex ideas to non technical people.
- Whether they ask clarifying questions instead of jumping to assumptions.
- How transparent they are about risks, limitations and unknowns.
You want people who can collaborate with compliance and operations, not fight them. A good sign is when they proactively propose ways to make compliance reviews easier by improving logging, documentation and testing.
Decide Between In House, External or Hybrid Setups
There is no single right model. Each has trade offs.
In house teams:
- Deeper long term ownership.
- Better integration with company culture and strategy.
- Slower to build and more challenging if you lack internal fintech experience.
External partners:
- Faster access to specialised skills.
- Experience from multiple projects and markets.
- Require clear contracts, governance and internal product ownership.
Hybrid models can work well. For example, start with an experienced external team to build the first version and in parallel grow an internal team that gradually takes over. In this case, knowledge transfer, shared repositories and joint ceremonies are critical.
Look for Alignment on Risk, Quality and Roadmap
Fintech products cannot be built with a “ship first, fix later” mindset. When you choose experts, you are also choosing their attitude towards risk and quality.
Consider:
- How they balance speed and safety when planning sprints.
- Whether they insist on testing, code review and observability even under time pressure.
- If they are comfortable talking about regulatory constraints and audit needs.
Ask them how they have handled situations where deadlines and risk controls were in conflict. Their answers will show you how they are likely to behave on your project.
How to Find Experts to Build a New Financial Technology Product
Finding experts to build a new financial technology product is a strategic decision. It is not about the cheapest rate or the flashiest tech stack.
It is about:
- defining your domain and regulatory context clearly.
- targeting talent and partners with real fintech experience.
- evaluating how candidates think about financial flows, security and compliance.
- choosing the right mix of in house and external capabilities.
- ensuring there is alignment on quality, risk and long term ownership.
When you approach hiring and partnership decisions with this level of clarity, you increase the chances that your new fintech product will be built by people who understand both code and money, and who can help you move from idea to a reliable, compliant system that users trust.
This content originally appeared on DEV Community and was authored by Alex
Alex | Sciencx (2025-11-27T18:22:06+00:00) How can you find experts to build a new financial technology product?. Retrieved from https://www.scien.cx/2025/11/27/how-can-you-find-experts-to-build-a-new-financial-technology-product/
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