The Formula for a Fintech Future
In Ohio, a strong financial services backbone, a growing and dedicated talent pool, and lower labor and operating costs than comparative metropolitan areas provide fintech companies the foundation to move forward.
If you want to excel in the financial evolution, it must be someplace where there is a mix of established knowledge and a pursuit of innovation. That’s Ohio. Ohio is close to major financial and insurance hubs like New York City. The state has an abundance of established industry-leading financial and insurance companies as well as scale-ups that exude a forward-thinking financial mindset. In August 2018, Ohio demonstrated its commitment to a fintech future by passing legislation that protects firms developing innovative uses for blockchain technology.
In Ohio, you can:
- Be in a state that has more financial and insurance headquarters than any other location outside of New York City, including Progressive Insurance, KeyBank, Huntington and Fifth Third Bank.
- Hire sophisticated, tech-savvy talent to power your innovations in rising tech cities such as Cincinnati, Columbus and Cleveland, which are consistently ranked among the top cities for attracting millennials.
- Have the success of investing in coastal cities without the cost, as rent, office space and operating costs are lower. Therefore, every dollar goes further, resulting in more capital to invest in R&D, expansion and overall company growth.
- Thrive in the same fintech environment that supports global fintech companies including Klarna, Worldpay and Alliance Data.
The JobsOhio $100 million Research & Development (R&D) Center Grant is available to help companies pursue financial and insurance innovations like regtech, digital banking, insurtech, blockchain, AI and risk management. Ohio’s resources and assets create an environment conducive to financial innovation, leadership and industry-defining action.