FIS, JobsOhio and REDI Cincinnati secure company’s long-term strategic presence in Cincinnati.
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.
Business-friendly environment and talented workforce key in decision
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.
Company establishes Ohio as flagship operations outside of headquarters
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.
Ohio’s business and automotive communities draw the purpose-driven company
Hagerty – the world’s largest membership, insurance and media organization for car enthusiasts and owners – is passionate about all things automotive. Its brand is gaining popularity, and Hagerty needs more space to grow. Ohio’s excellent business and automotive communities and workforce make the state a great fit for the company.
Leading financial compliance software company based out of New York City will grow in northeast Ohio
New York City-based RIA in a Box provides compliance software to the wealth management industry. After being acquired, the company is positioned for further growth. RIA will grow in its northeast Ohio location, thanks to the area’s fintech ecosystem and talent pipeline.
New 60,000-square-foot location will provide services to clients globally
Williams Lea provides global business-critical support services to financial, legal and professional firms. Its company growth propelled the search for an expansion in a new market with long-term economic feasibility. The UK-based company will continue to provide world-class services and support to clients in Columbus.
The Columbus location will be the first outside of California for this Silicon Valley innovator
A previous Google employee founded Upstart in Silicon Valley. With success in California and a potential for machine learning to significantly impact credit and banking, Upstart needed to take its next step outside of the state. For the CEO, there was no better place for this expansion than the capital of Ohio.
JobsOhio R&D grant will help create environment for innovation and out-of-the box thinking
JobsOhio awarded an R&D grant to JPMorgan Chase to support the creation of a new financial technology (fintech) R&D innovation space at The Point at Otterbein University. The space, which will create 75 to 100 full-time jobs, will foster innovation in fintech, give students the opportunity to engage in R&D, and support the commercialization of new ideas.
New law protects firms developing innovative uses for blockchain technology
On Aug. 3, Ohio Governor John Kasich signed legislation that will stimulate business investment in blockchain technology to transmit and store electronic records in a wide range of industries. The new law makes Ohio one of the first U.S. states to provide legal protection to firms developing new uses for this cutting-edge technology
Insurtech disruptor plans to grow its workforce by more than 500 percent over the next three years
Root Insurance is a fast-growing insurtech company that provides customers a personalized car insurance rate based primarily on their driving behaviors. Founded in Ohio in 2015, Root Insurance is now available in 17 states. To meet the growing demand for its product, Root recently announced a significant expansion in Ohio. The company credits its choice to reinvest in Columbus to the quality of the region’s workforce and the city’s rapidly growing reputation as a tech startup hub.