Fintech player True Balance looking at stepping up recruitments to strengthen tech stack

Digital wallet and financial services platform, True Balance, on Wednesday announced its plans to strengthen its technology team by hiring top talent from leading Indian educational institutes.

The Gurugram based startup is looking at hiring 80-100 people in the next six months for its technology team across verticals like business development, product, technology, marketing, compliance and design.

The fintech player currently houses a blend of Korean and Indian workforce, of 110 employees.

With new recruitments, the startup aims to strengthen its existing mobile payment services as well as venture into new domains of need based financial services.

The talent acquisition is aimed at bolstering True Balance operations as well as promoting job creation in the country, in line with the Indian government's startup India vision.

"We are looking for candidates with strong analytic skills along with language technology experience to help build a robust technology team. We have grown phenomenally in the past year and we are preparing to scale our services rapidly going forward. Hiring top talent will give impetus to our brand's growth trajectory and will help us provide better financial services to the next billion Indian users," said Charlie Lee, CEO, True Balance.

The digital payments startup raised USD 23 million in Series B2 funding last month and will be using a considerable amount of the fresh infusion of capital towards hiring top talent from premier technology and management institutions like IITs, IIMs, ISB, XLRI, BITS amongst others.

True Balance is also being recognised at a global level for its innovative and disruptive model.

In January 2018, South Korea President Moon Jae-in, invited Charlie Lee, CEO of Balance Hero as a startup innovator along with 26 representatives of Small and Medium Business Ventures and small business owners to the Blue House for a dinner host and meeting conference to encourage them to be the sub-engine for economic growth.