January 5, 2024

Community banks are deepening ties to fintech hubs

American Banker

What makes a city, state or region branding itself a “fintech hub” a true fintech hub, beyond the name?

The ingredients of a thriving fintech hub — essentially, a geographic area with a concentration of resources for founders that seek to start a fintech company and see it flourish — include access to venture capital funding, the presence of incubators and accelerators, universities with relevant programming drawing a steady stream of potential talent and state or local regulation that is friendly to innovation, such as regulatory sandboxes or tax incentives.

© 2024 Partnership Fund for New York City 


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© 2024 Partnership Fund for New York City 

© 2024 Partnership Fund for New York City