CASE STUDIES
Scaling Hiring at Currencycloud
Currencycloud, a fast-growing FinTech (later acquired by Visa), needed a complete hiring transformation.
The Challenge
High agency costs due to reliance on external recruiters.
Long time-to-hire delaying business growth.
Inconsistent candidate quality due to a lack of structured processes.
Key Objectives
Overhaul the entire hiring process to increase efficiency.
Implement an ATS (Applicant Tracking System) for streamlined recruitment.
Build an internal Talent Acquisition team to reduce agency dependency.
Enhance candidate experience and improve hiring metrics.
The Solution
Deployed a new ATS to automate hiring workflows and reduce manual admin.
Built an in-house Talent Acquisition team to execute an ambitious hiring strategy.
Integrated automation for self-booking interviews, background checks, and onboarding.
Developed an employer branding strategy to attract high-quality direct applicants.
The Results
Headcount grew from 200 to 650 employees in just 3 years.
Saved over £5M in recruitment fees by cutting agency reliance.
Reduced time-to-hire from 45 days to under 30 days.
Significantly improved candidate quality and hiring efficiency.
This transformation positioned Currencycloud as a top employer in FinTech, enabling them to scale efficiently while controlling hiring costs.