When you think about global finance, Poland might not be the first country that comes to mind. But perhaps it should be. The world of banking, financial services, and insurance (BFSI) is pouring more money into IT outsourcing than any other sector, and a huge slice of that pie is going to Poland.
This isn’t just about finding a cheaper option anymore. For years, Poland was seen as a cost-effective choice for IT projects. Now, the story has changed. Companies are choosing Poland for its deep well of industry-specific knowledge, which is vital for navigating the complex and heavily regulated world of finance.
A tale of two talent pools
On the surface, Poland has a huge pool of tech talent. The country has nearly 770,000 IT specialists, and another 15,000 tech graduates join the workforce every year, according to Eurostat data. It’s no surprise that Polish programmers are considered the best in the world at Java, a cornerstone of financial software.
That’s a major plus for companies in finance, as is the country’s stellar reputation for cybersecurity. Poland sits at number five in the National Cyber Security Index, making it one of the safest bets for handling sensitive financial data. This focus on security and expertise is why Poland is no longer just a low-cost location, but a high-value partner.
Look closer, though, and a different picture of the job market emerges. While some reports talk about a “talent gap,” data from No Fluff Jobs shows that nearly 150 people apply for a single entry-level developer job. This isn’t a contradiction; it’s a sign of a mature market. The real scramble isn’t for junior talent, but for the seasoned experts that specialised projects demand.
It’s all about specialisation now
The game has changed for IT services across the globe. A few years ago, just getting a business online was enough. Now that the basic digital groundwork has been laid, companies are focused on fine-tuning their operations, which calls for a much deeper level of expertise from their tech partners.
Nowhere is this shift clearer than in finance. The BFSI sector drives 24.3% of all spending on software outsourcing, as shown in analysis by Fortune Business Insights. This has created a massive demand for IT firms that don’t just write code, but truly understand the worlds of banking and insurance.
That demand is only set to grow. The same analysts predict that the financial technology (FinTech) market alone will be worth a staggering $1.12 trillion by 2032. In Poland, the ecosystem is already thriving, with the ITwiz Best100 report naming banking and finance as the country’s top tech investors. With 383 FinTech firms already operating there at the start of 2025, according to Cashless.pl, the country is a clear hub for financial innovation.
The value of a partner who speaks your language
Working in finance means navigating a minefield of regulations. Rules like PSD2 and GDPR are not suggestions; they are complex legal duties with serious penalties for non-compliance. This is where having the right tech partner isn’t just helpful—it’s essential.
Take the PSD2 directive, which completely reshaped European banking by allowing certified third parties to access customer account data (with permission, of course). A tech company without experience in this area would waste valuable time and money just learning the rules, all while risking a costly legal mistake. A specialised partner, however, already knows the ins and outs of requirements like Strong Customer Authentication (SCA), removing that risk from day one.
Ultimately, choosing an expert is a simple calculation of return on investment (ROI). The total cost of a project isn’t just the hourly rate. It also includes the hidden costs of fixing errors, project delays, and missed opportunities. A specialist team might charge more per hour, but they get the job done faster, make fewer mistakes, and ensure you don’t get hit with fines, saving you money in the long run.
A look at Poland’s financial tech leaders
Speednet
A partner to the banking sector for over 20 years, Speednet employs more than 230 experts, with a strong focus on seniority (65% of staff are senior specialists). The company is known for modernising banking systems and delivering FinTech solutions, including mobile apps and tools for AI Governance.
Comarch
A veteran of the Polish IT scene, Comarch has been around since 1993 and has grown into one of the country’s largest tech providers. It focuses on building its own software products for the financial and banking industries and has a track record of handling large, international projects.
Sollers Consulting
This company is a great example of deep specialisation, focusing exclusively on consulting and implementation for the insurance and finance industries. It developed RIFE, its own platform for bancassurance, which is now used by more than 60 financial groups.
Future Processing
Since 2000, Future Processing has been helping large companies with their digital transformation. It shines in modernising complex, legacy systems. In one notable project, it managed to cut the time required to implement changes from two months down to just one day.
STX Next
Founded in 2005, STX Next is one of the biggest software houses in Europe that specialises in the Python programming language. While expanding its artificial intelligence capabilities, the company maintains a strong focus on the FinTech sector as one of its core markets.
