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Fintech Sandbox Legislation

Come Play in Ohio’s (Regulatory) Sandbox

When I was a kid, my favorite thing to do visiting my cousin’s house was playing in his sandbox. He always had the coolest Tonka trucks and tractors. I didn’t have a sandbox, so it was always a nice treat to climb in, dig around with toy backhoes and dump trucks, and pretend we were …
Thu Jan 19 2023
  1. Financial Services

With a high concentration of financial services companies operating in Ohio, the advancement of fintech through research, technology, and innovation makes the state ideal for financial services and financial technology companies that are shaping the future of the industry. Ohio financial services companies benefit from a supportive business and regulatory climate and the state has demonstrated its commitment to a fintech future by passing legislation protecting firms developing innovative uses for blockchain technology.

 

Ohio has the second largest financial services sector in the country, is sixth in the top 50 bank headquarters by assets, and ranks fifth in number of Fortune 500 and 1000 headquarters in the U.S. Top financial institutions with Ohio headquarters include Key Bank, Macy’s, Klarna, Progressive, and Diebold Nixdorf.

 

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