Scaling a Fintech Engineering Team Without Entity Setup
Challenge
A high-growth UK fintech company needed to rapidly expand its engineering capability to meet product deadlines. They identified qualified developers across Europe and Asia but faced costly and time-consuming legal setup requirements in each country. To avoid regulatory risk, payroll complexity, and launch delays, they required a trusted Employer of Record partner capable of hiring compliantly on their behalf.
Solution
Veridian Global enabled FlowLedger to hire engineers across multiple countries without establishing legal entities. Our support included:
- Acting as the legal Employer of Record in each country
- Fully compliant employment contracts aligned to local regulations
- Managing payroll, tax filings, and statutory benefits
- Providing onboarding support and ongoing HR guidance
- Creating a scalable model to add talent as needed, without additional admin burden
Results
The fintech successfully hired and onboarded 15 software engineers in under eight weeks, achieving approximately 45% cost savings compared to establishing local entities, while maintaining a 98% employee satisfaction score in the first year and creating a repeatable, scalable hiring model now used across new regions.