ShareIn on recruitment drive after launch of ShareInPay

INVESTMENT platform software provider ShareIn is planning to expand its headcount from 28 to 40 over the coming year, as it builds on the successful launch of its new product ShareInPay.

The Edinburgh-based fintech, which provides white label software as well as its new client money solution, is planning to recruit staff across all areas of the business.

“About half of the team are technology developers and that balance will continue,” chief executive Jude Cook told Peer2Peer Finance News.

“Some of the new members will be in sales and marketing, as well as compliance.”

Cook added that the firm wants to build out the senior team and is potentially looking to make a senior hire on the business development side of the business.

The new hires will be rolled out at a steady pace over the next 11 months and will all be based at ShareIn’s office within tech incubator Codebase in Edinburgh, Cook said.

ShareIn said that it prides itself on its diverse workforce. More than half the team are women and there are more than 14 nationalities.

ShareIn launched ShareInPay last month, after gaining authorisation from the Financial Conduct Authority (FCA) earlier this year to hold client money.

It came after HMRC concerns about firms using e-money providers to hold ISA client money.

The new client money account solution marks a move to a more modular approach, Cook said, as clients can pick and mix which products they buy as opposed to purchasing an entire white label platform.

Cook said that ShareInPay is already being used by crowdfunding platform Property Crowd and has attracted quite a lot of interest from other firms.

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