New York Profile

As a leading global financial hub, New York has some of the largest and most established financial services institutions actively investing in, and collaborating with, a myriad of FinTechs. With Wall Street having both the largest capital base and greatest need for FinTech innovation, the best technology and engineering talent have come together to create a vibrant and well-funded ecosystem within walking distance of the market they serve.

  • Big data
  • Social Media
  • APIs
  • Machine learning
  • Messaging
  • Markets and exchanges
  • Capital markets
  • Retail banking
  • Wealth management
  • Blockchain/Distributed
  • Ledger
  • High cost of living
  • High cost of office space
  • Technology skills shortages
  • Founded in 2007, LearnVest provides award-winning financial planning systems. The company was acquired by Northwestern Mutual in 2015 for $250m.
  • OnDeck, a lending platform for small businesses, has loaned over $2bn to small businesses across 700 industries in all 50 states and Canada.
  • Betterment is an automated investing service. Over 120,000 customers have invested more than $3bn with Betterment and in 2016 the company was valued at $700m.