Francis Hey Francis, I've experienced this as well. Throughout my 16+ years in business, I've found that there's something both speaking for and against requiring industry experience. So, I wouldn't say that what you experienced is wrong from the fintech company.
- Upsides: If you have experience in the industry, you might know about regulations (like in fintech or healthcare), know other players in the market, be better aware of the ICP, industry knowledge, ...
- Downsides: You might miss out on great talent who is willing to learn quickly and work more.
But to be brutally honest, It might not even be that rational!
- Maybe they hired someone without industry knowledge in the past, and that person wasn't good?
- Maybe they just don't think you're fit, and they have to find an excuse that sounds professional.
- Maybe you have really good competition for the job, and they need to find a reason who to select.
The fact is, It's most likely a situation you can't change. The only thing is you can adapt. In my experience (both as an employer and as someone who pitches regularly for clients): I will hire those where I feel like they understand what I need. Those who explain to me what to do in the way I need to hear it and who show a good understanding of my business model, my processes, and my personality. And that's something you can train and learn.
