New York Offers High Talent Scalability
NewYork and the BayArea are the top 2 hotspots for FinTech-based companies, start-ups and talent. The Bay Area and New York have been identified as top hotbeds for Fintech start-ups primarily in AlternativeFinancing and Investment tech segments.
The top 5 cities in the US for Fintech, namely NewYork, BayArea, Chicago, Boston, and WashingtonDC, account for over 90,000 of FinTech talent. New York offers high talent scalability while Chicago offers significant cost advantage which makes these 2 locations hotbeds for FinTech activity.