Fintech recruitment firm Oakstone International enjoys 61% growth

Fintech and software recruitment consultancy Oakstone International has reported a record 61 per cent growth in revenue year-on-year.

The Poole-headquartered business also increased global hires for clients by 41 per cent over 2021 while Oakstone’s fintech software division has seen growth of 50 per cent over the last six months.

Founded by current Chief Executive Officer Paul Rayner in 1995, Oakstone specialises in recruitment solutions to software, technology, telecoms and mobile communications sectors globally.

Paul said: “We have been on a very strong revenue growth trajectory for some years, growing at between 10 and 20 per cent a year, and we expect this pattern to now continue.

“We have reached a point where our profitability means we can invest in our growth – so this is being accelerated.

“We have got a great quality team. The calibre of our team members and their level of experience and their continually growing networks is the reason we are as good as we are at what we do. They do such a good job in reaching people.

“We are also extremely focused on caring about people in the company, our clients and our candidates, which may be considered unusual in recruitment, but stands us in good stead and is very much our ethos.”

Now with 26 staff and working with around 50 companies globally, Oakstone is based at the Arena Business Centre in Poole, with another office in Beaconsfield, Buckinghamshire, where the business was first established.

Four years ago the firm launched its Financial Technology (FinTech) software division – now eight strong – which recruits hands-on technical people, programmers and developers up to CTO level, across emerging Crypto scale ups through to established Investment Banks.

Paul added: “They need us because no one knows who they are. They might be a really exciting young company, possibly the next big thing, and it is our role to educate candidates about this potential.

“We help facilitate expansion. We work with many of our clients for several years, often recruiting 50, 80, 100 or 150 people for them.”