Learn Amp Blog

10 Best LMS for FinTech in 2024

Written by Matthew Jeffries, Chief Product Officer | Nov 21, 2024 8:24:14 PM

In the rapidly evolving FinTech sector, staying on top of regulatory changes and emerging technologies is paramount. Implementing an effective Learning Management System (LMS) is essential for training employees, ensuring compliance, and fostering continuous development.

With numerous options available, selecting a platform that aligns with your organisation's specific needs is crucial. Below is a curated list of the top 10 LMS platforms suitable for FinTech companies, highlighting their key features, advantages, and considerations.

 

1. Learn Amp

In the fast-paced FinTech industry, Learn Amp excels by balancing directive learning with self-driven development, empowering organisations to stay agile amid regulatory and technological challenges. Learn Amp supports compliance training with robust tracking and reporting features tailored for audit readiness, making it easier for FinTech companies to navigate complex regulatory requirements. Additionally, it offers powerful upskilling tools to help employees stay ahead of technological advancements, adapting to new software, systems, and methodologies with ease.

To foster seamless onboarding, Learn Amp provides dynamic dashboards that guide new hires through engaging onboarding journeys that naturally evolve into role-specific learning paths, setting them up for long-term success. With industry-specific content that addresses FinTech’s unique demands, Learn Amp enables employees to grow confidently, equipping them to meet both current and future organisational objectives.

 

Why does Learn Amp stand out?

  • Very high satisfaction rate across review sites with 4.9/5
  • Highest security scores in the industry with 99/100 on Panorays
  • Exceptional support praised in various reviews
  • Industry leading compliance tools including the ability to automate tasks and escalate compliance issues
  • Industry leading reporting tools including out of the box reports, custom report builder and Data Lake
  • Fits into your ecosystem with over 70 integrations
  • Decentralisation to managers with flexible permissions and functionality
  • Flexible for a hybrid workforce with digital and face-to-face tools
  • Future-proofed, blending strong UX with depth and breadth of features
  • Enhanced Talent Experience Platform (TXP) that seamlessly integrates the strengths of both Learning Management Systems (LMS) and Learning Experience Platforms (LXP).

All in Learn Amp is a top choice for any forward thinking businesses.

Price: Starts at £17,500

Pros: The only Employee Development Platform connecting learning to performance

Cons: Not ideal for businesses <250 employees

 

2. Kallidus Learn

Kallidus Learn is a robust LMS focused on compliance and performance management, ideal for FinTech firms. Its clean interface and easy onboarding support create an optimal environment for tracking compliance and skills, with adaptive learning paths for personalised development.

Price: Starts at £329/year

Pros: Strong performance management tools. Simple compliance tracking and reporting.

Cons: Limited options for integrating custom content



3. Trakstar Learn

Trakstar Learn is a cloud-based LMS tailored for scalable compliance training and upskilling. Its intuitive interface and strong analytics tools make it suitable for FinTech organisations needing to manage both regulatory compliance and skills development at scale.

Price: Starts at $599 per month.

Pros: Scalable, easy-to-use platform. Supports mobile learning, allowing access anywhere

Cons: Limited customisation options for advanced users.

 

Selecting a New Learning and Development Platform - a Buyer's Guide

Follow this step-by-step guide to selecting and implementing the right LMS or LXP for your business success.

 

4. Absorb LMS

Absorb LMS offers a flexible, cloud-based learning solution with a focus on compliance, upskilling, and engagement. Designed to streamline learning processes, Absorb provides powerful automation tools, which are ideal for FinTech firms with complex compliance requirements.

Price: Custom pricing upon request

Pros: Automation reduces time spent on routine tasks.

Cons: Can be expensive for smaller teams.

 

5. Moodle Workplace

Moodle Workplace is an enterprise-focused version of the popular open-source Moodle platform, featuring tools tailored for workplace learning and compliance tracking. It is especially beneficial for FinTech companies needing customisation and integration flexibility in their compliance training.

Price: Custom pricing through Moodle Partners.

Pros: Flexible, open-source solution.

Cons: Requires technical expertise for full customisation.

6. Coassemble

Coassemble offers a visually engaging, user-friendly LMS, making it ideal for FinTech organisations focusing on compliance and onboarding. The platform’s interactive design and customisable templates help deliver engaging, easy-to-follow compliance and skills training

Price: Starts at $50 per user per month

Pros: Interactive templates for engaging learning experiences.

Cons: Limited advanced reporting capabilities

7. LearnUpon

LearnUpon is an LMS designed to support compliance and performance training at scale. It’s especially valuable for FinTech companies with distributed workforces, offering multi-tenant capabilities and advanced analytics to streamline compliance across multiple locations.

Price: Custom pricing upon request.

Pros: Robust compliance tracking and advanced analytics.

Cons: Limited flexibility for small companies.

8. Tovuti

Tovuti LMS is a cloud-based solution that supports compliance training and onboarding with interactive features. Tovuti’s content creation tools are user-friendly, making it easy to design compliance courses and interactive content for skills development.

Price: Starts at $700 per month.

Pros: Strong content tools

Cons: Price may be high for smaller FinTech firms.

 

9. Talent Cards

TalentCards is a mobile-first LMS that simplifies compliance and skills development through microlearning. It’s ideal for FinTech companies with remote or on-the-go teams, allowing quick, efficient delivery of essential training in small, easily digestible segments.

Price: Starts at $50 per month.

Pros: Microlearning format ideal for compliance refreshers.

Cons: Limited in-depth learning capabilities.

10. 360 Learning

360Learning is a collaborative learning platform designed to support peer-driven learning and compliance. It’s an effective solution for FinTech organisations that value knowledge sharing and collaborative training for compliance, enabling employees to learn from each other while meeting regulatory requirements.

Price: Custom pricing upon request

Pros: Supports collaborative, peer-driven learning

Cons: May lack depth for formal compliance programs