Financial Services

Where Industry Leadership Meets Industry Disruption

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Success in an evolving financial services landscape requires surrounding yourself with industry knowledge, innovation, and talent.

Ohio is the No. 5 largest financial services industry in the U.S. The state is No. 3 in top 50 bank headquarters and No. 4 in top 50 insurance headquarters by assets. In addition to Ohio’s financial services advantages, you can access nearly 75% of the U.S. and Canadian financial services industry within a two-hour flight.

In Ohio, you can:

  • Collaborate with world-leading insurance and financial institutions including Progressive Insurance, KeyBank, Huntington, and Fifth Third Bank, as well as industry-disrupting fintech companies including Klarna, Root Insurance, and Alliance Data.
  • Get the same results as investments in coastal cities, but with lower rents, cheaper office space and operations, as well as affordable talent. In Ohio, every dollar goes further, resulting in more capital to invest in Research & Development (R&D) and company expansion.
  • Hire sophisticated tech talent to power your innovations in rising tech cities such as Cincinnati, Columbus, and Cleveland, which are consistently ranked among the top cities for young professionals and tech talent.
  • Benefit from a supportive business and regulatory climate. In August 2018, Ohio demonstrated its commitment to a fintech future by passing legislation that protects firms developing innovative uses for blockchain technology.

A JobsOhio R&D Center Grant is also available to help financial and insurance companies pursuing innovations including regtech, digital banking, insurtech, blockchain, AI, and risk management. Ohio’s resources and assets form financial services sector conducive to innovation, leadership, and industry-defining action.

The next step in achieving your financial services goals starts in Ohio.


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Shape the Future of Insurance in Ohio

Ohio is a hub for insurtech innovation and it starts with the state’s leadership in insurance and financial services. Learn why Ohio’s entrepreneurial ecosystem, lower costs, and qualified talent pool makes the state an ideal location for growing insurtech companies.

InsurTech - Root-team

Luma Financial Technologies Doubles Workforce at Ohio HQ

Headquartered in Cincinnati with offices in NYC, Luma expands due to substantial growth
September 28, 2020

Luma Financial Technologies offers a digital platform that enables its customers, made up of banks, brokers, and financial advisers, to manage and sell structured financial products. Although its employees are mostly working remotely, it will need to added space to accommodate growth. Luma will expand at its home in Cincinnati.

Union Home Mortgage Adds Jobs at its Ohio Headquarters

The company’s most valuable asset is talent and it finds plenty in Ohio
August 11, 2020

Union Home Mortgage will expand its corporate headquarters in Strongsville, Ohio, adding a third building to its campus and making way for the creation of 450 new jobs in a variety of career fields.

FIS Commits to Ohio for its Strategic Technology and Innovation Campus

FIS, JobsOhio and REDI Cincinnati secure company’s long-term strategic presence in Cincinnati.
January 22, 2020

FIS™, a Fortune 500 company, is a leader in fintech solutions for institutions and firms globally. After acquiring Worldpay in 2019, FIS wanted somewhere to successfully carry out its long-term growth plans and to deepen leadership in fintech innovation. With the help of JobsOhio and REDI Cincinnati, FIS has committed to Ohio and will continue to hire the region’s top tech talent and collaborate with the community for a fintech future.

London Stock Exchange Group's Elite Initiative Announces Cleveland, Ohio As The Future Site Of Elite Americas Headquarters

The move represents a significant commitment to the U.S. market by ELITE, LSEG’s international business support initiative
October 25, 2019

Fast Growing Fintech Company, Fund That Flip, Expands in Ohio

Business-friendly environment and talented workforce key in decision
January 3, 2020

Fund That Flip — a technology, real estate and financial services company — is dedicated to providing real estate developers with new sources of capital and software. The company wants to broaden its product offering and technology-driven solutions and has decided to expand an existing office in Ohio for its growth.

Skilled Talent Drives Northwest Bank’s Expansion in Ohio

Company establishes Ohio as flagship operations outside of headquarters
December 9, 2019

Northwest Bank is growing fast and is expanding in Ohio to accommodate its critical growth. This expansion will enable the company to add significant value to its competitive suite of product offerings.