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.