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Accelerating Global Expansion Through Strategic Technical Recruiting
increased offer acceptances
reduction in time to fill technical roles
reduction in average hiring time
Top Funnel runs multi-channel outreach and drives conversations that lead to hires.
Overview
Paxos, a pioneering fintech leader in digital asset infrastructure, was expanding rapidly into European and Asian markets to support its next phase of growth. With a $2.4B valuation and partnerships with global institutions like PayPal and Mastercard, Paxos needed to scale its technical teams quickly while maintaining exceptionally high hiring standards.
Paxos partnered with Top Funnel Talent to lead a strategic sourcing and recruiting initiative focused on growing their new engineering hubs.
Challenge
Approach
Comprehensive Candidate Outreach: Utilized specialized talent sourcing techniques, resulting in robust pipelines and high-quality candidate engagement.
Dedicated Embedded Recruiter: Assigned a dedicated recruiter embedded within Paxos' internal team to streamline communication, ensure cultural fit, and expedite candidate selection.
Localized Talent Acquisition: Focused hiring efforts on Europe and Asia, specifically targeting emerging tech hubs in Armenia & India, to build high-caliber remote engineering teams.
Tailored Recruiting Strategy: Designed a custom recruitment process to align closely with Paxos' culture and technical standards.
Results
increased offer acceptances
reduction in time to fill technical roles
reduction in average hiring time
Rapid Team Expansion: Successfully hired a full-fledged Armenia Engineering team in 7 months, including local site leader.
High Candidate Quality & Turnaround: Increased offer acceptance with scorecard compliance increasing from <50% to 90% within SLA and time-to-fill for technical roles reducing by 35%.
Cost Efficiency: Achieved 30% lower cost-per-hire compared to industry benchmarks through efficient recruiting and strategic talent sourcing, and strong alignment with Paxos’ cultural and technical expectations.
Reduced Time-to-Hire: Decreased average hiring time through 3x sourcing productivity, thereby significantly accelerating Paxos's expansion timeline and product launches.
Industry
Blockchain infrastructure
Stage
Series D
Valuation
$2.4B
Employees
210+
Scale
Coverage
U.S., U.K., Singapore, Armenia, India
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