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FintechFinEdge Technologies

How a Fintech Startup Found Their Top 3 Interns from 200+ Applicants in 48 Hours

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240

Applicants evaluated

48 hours

Time to shortlist of 15

12+ hours

Recruiter screening time saved

The Challenge

FinEdge Technologies — a Series A fintech startup building a payments infrastructure platform — needed to hire 3 high-performing interns for a 6-month intensive programme. They had an open role posted for 2 weeks that had attracted 240 applicants. Their 2-person recruiting team had no bandwidth to screen 240 resumes effectively, their previous intern hire had underperformed significantly after looking strong on paper, and their hiring manager had only 3 days before travelling for a month.

The Approach

FinEdge used ProveIQ to deploy a role-specific milestone assessment — a 75-minute work simulation involving a realistic fintech data analysis problem, an API debugging exercise, and a short product prioritisation brief. All 240 applicants were invited to complete the assessment within 48 hours. ProveIQ's AI evaluation system scored submissions on six dimensions: problem comprehension, analytical rigour, technical correctness, code quality, communication clarity, and initiative demonstrated. The top 15 scorers were flagged for recruiter review. The recruiting team spent 45 minutes reviewing the top 15 profiles — each with a detailed AI-generated evaluation summary — and selected 8 for a 30-minute structured interview. Three offers were extended within the week.

The Results

240

Applicants evaluated

48 hours

Time to shortlist of 15

12+ hours

Recruiter screening time saved

3

Interns hired

1

Hiring manager interview rounds

4.7 / 5.0

End-of-internship performance rating

We were genuinely surprised by who rose to the top. Our best intern hire came from a college we had never recruited from before — a tier-2 engineering college in Rajasthan. On paper, she would never have made our shortlist. Her assessment work was outstanding. Six months later, she is our strongest intern of the year and we have extended a pre-placement offer.

Vikram Sethuraman

CTO, FinEdge Technologies

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