Industry

How London's Banks and Fintechs Are Using Food to Win the Talent War

How London's banks, asset managers, and fintechs are using corporate food programmes to compete for talent and keep teams in the office.

26 Mar 2025
5 min read
How London's Banks and Fintechs Are Using Food to Win the Talent War

The competition for senior talent in London financial services has never been sharper. Global investment banks are competing with each other for the same pool of analysts, associates, and vice presidents. Mid-market banks and boutiques are competing with the bulge bracket. Fintechs are competing with all of them — and with Big Tech.

In that environment, the incremental value of each additional benefit matters. And increasingly, food has moved from a nice-to-have to a genuine differentiating factor in how firms present themselves to candidates and retain existing talent.

This is not speculation. DoorDash's 2026 Workplace Meal Trends Report, built from 2025 orders across more than 700 companies and 4,800+ offices, found that 48% of banking orders are placed after hours, behind only AI companies at 62%, whose ordering peaks between 5pm and 7pm rather than at noon. Manhattan sits among the three heaviest late-night markets in the dataset, with 23% of orders placed after 6pm. It is US data, but the shape of it will be familiar to anyone who has walked through Canary Wharf at eight in the evening. On the hiring side, ezCater's 2025 decision-maker survey found that 90% of decision makers now highlight food perks during the hiring process, a 5-point jump on the year before.

The question for financial services HR teams is not whether a meal programme is worth having. It's whether the one they have is actually good enough to matter.

Lunch delivery arriving at a City of London office reception

What financial services employees expect from a food perk

Financial services employees — particularly at banks, asset managers, and hedge funds — work in a culture where the quality of perks reflects the quality of the firm. A firm that provides a mediocre canteen while claiming to be premium is sending a signal that is not lost on the people it's trying to attract.

The specific expectations that Ordit observes among financial services clients in the City and Canary Wharf:

Real restaurant choice. Employees at investment banks and asset managers who eat at Nobu and Sushi Samba in their personal lives have a different baseline for "good lunch" than a generic canteen menu provides. A food programme that includes Sticks'n'Sushi, Emilia's Crafted Pasta, Obicà, Din Tai Fung and 300+ other London restaurants meets that standard. A rotating hot counter does not.

Dietary sophistication. Financial services teams in London are highly diverse — in nationality, dietary practice, and health preference. The ability to filter by halal, kosher, vegan, gluten-free, or any combination is not optional in a City or Canary Wharf workforce; it's a prerequisite.

Speed and reliability. In a trading floor or deal-driven environment, a lunch that takes 90 minutes to arrive is not a perk — it's a disruption. A 30-minute delivery window, on time every time, is the standard financial services firms expect when they commit to a food programme.

No receipts. The last thing an analyst at a bulge-bracket bank should be doing at 11pm is submitting a meal expense claim for the dinner they ordered at 8pm. A food programme that automatically codes expenses to the correct cost centre, flows to SAP Concur overnight, and generates a single monthly invoice is not a premium feature — it's a baseline requirement for a finance-literate workforce.

The 5pm-8pm window: why late meals matter

Financial services has working patterns that most corporate food programmes aren't designed for.

The standard corporate food programme runs from roughly 11am to 2pm. Lunch is the product. For the majority of London offices, this is sufficient.

For trading floors, deal teams, and equity research desks, it is not. The working day regularly extends well past dinner time. The question of "who feeds the team at 7pm when the deal is still running?" is a real one, and the answer — delivery from a consumer app, expensed individually — is both inefficient and, in a VAT-registered firm, suboptimal.

Ordit's individual ordering runs until late evening, with support available until 10pm on weekdays. Ordit's Admin Portal allows HR to configure a separate "late meal" budget rule — for example, an additional £15 allowance that activates only after 5pm for employees who are registered as in-office. This activates automatically when an order is placed in the evening window, without any manual approval process.

For investment banks, private equity firms, and law firms running long-hours cultures, this is the specific feature that makes a corporate food programme genuinely functional for the way the business actually operates — not just for lunchtime.

The talent competition: fintechs vs. banks

One of the more interesting dynamics in London financial services right now is the talent competition between established banks and fintechs. Fintechs — Revolut, Wise, Monzo, GoCardless, Checkout.com — are competing for software engineers and product people who also receive offers from Google, Meta, and Amazon.

Those FAANG companies are famous for their food programmes. Free breakfast. Free lunch. Free dinner. Subsidised snacks. Multiple cafeterias. The food benefit has been, for a decade, a signal that working at a technology company means being looked after in a way that a traditional employer does not.

Fintechs have adopted the same playbook, and it works. A well-structured meal programme — individual choice from 300+ restaurants, no receipts, delivered to the desk — is a tangible, daily reminder that the company thinks about its people's experience. It is mentioned in candidate conversations. It features in Glassdoor reviews. It is part of the texture of what it feels like to work there.

For traditional banks competing with fintechs for the same talent pool, the meal programme has become a point of parity that is worth taking seriously.

Catering buffet spread laid out for a corporate client event

What the integration stack looks like for a City firm

Financial services firms have specific requirements that a consumer-grade delivery platform cannot meet. Ordit's integration stack is designed around enterprise compliance workflows:

  • SAP Concur: Expense codes auto-flow from Ordit to Concur daily via SFTP. Cost centres, project codes, and deal codes are pulled from the HR system and applied at checkout automatically. Month-end reconciliation is clean, coded, and audit-ready.
  • Workday: Employee lifecycle management is fully automated. New joiners appearing in Workday are activated in Ordit the following morning with their budget rule assigned. Leavers are deactivated automatically.
  • Okta / SAML 2.0: Employees log in with their existing firm credentials. No separate password. Works with all major identity providers.
  • Coupa: For firms running procurement through Coupa, Ordit can provide invoice data in the format required for automated P2P processing.
  • GDPR / data handling: All employee data is processed under a Data Processing Agreement compliant with UK GDPR. Data is held on UK/EEA servers. DPA available from Ordit's account management team.

This is the integration stack that financial services HR, IT, and Procurement teams expect. It is the reason Ordit is used by Citibank, Morgan Stanley, BlackRock, Jefferies, Nomura, and KPMG, among others.

The account management model

Financial services clients have specific operational needs that require a different level of account management than a self-serve platform can provide.

Ordit provides a named account manager to every client. For financial services clients in the City and Canary Wharf, that means a point of contact who understands the working patterns — the late-night meals, the deal team orders, the ad-hoc catering for client events — and is available to respond quickly when requirements change.

The support model is live chat (available until 10pm weekdays), email, and phone for high-priority issues. The account manager is the escalation point for anything that doesn't resolve through standard support channels.

This is the model that a firm used to relationship banking expects from its suppliers.

Starting the conversation

Ordit works with HR, Procurement, and IT teams at financial services firms across the City and Canary Wharf. The typical setup conversation covers budget structure, integration requirements, coverage confirmation, and a timeline for go-live. Most financial services clients are live within two weeks.

Ready to feed your team properly?

Join hundreds of London offices already using Ordit for individual meals, group orders, and catering.

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