The Research Triangle’s close proximity to major financial markets offers a unique value proposition to the local Fintech sector. With close proximity to Charlotte, North Carolina, a major hub for banking and other major metros such a New York which has a major concentration of financial services, the Research Triangle is strategically positioned to become a key player in Fintech. 

Disruptive Fintech startups and tech companies, like SAS and RedHat, are innovating in software development, data analytics, AI, and more. Local financial institutions are investing in internal R&D, startups, and partnerships with large tech companies to take advantage of this new division of financial services. Graduates from NC State, Duke University, University of North Carolina, and Wake Tech Community College are helping develop a pipeline of career-ready, highly educated talent that has the aptitude for Fintech services and solutions.

The local Fintech ecosystem is quickly emerging due to a number of factors, but mainly due to growth, strength in IT/tech, talent from local colleges and universities, and proximity to other financial services hubs.