Richmond’s emerging financial technology market is challenging traditional districts, with its advanced telecommunications infrastructure, educated workers with high-tech skills, streamlined regulations, and low taxes.
Financial technology (fintech) is one of the hottest technology sectors to emerge over the last decade. Once limited to traditional financial centers, fintech is now a rapidly expanding market with innovative startups that can set up operations just about anywhere. Smaller cities can easily compete with larger, well-established fintech clusters in other cities if they have an abundance of IT talent, modern infrastructure, and low business costs.
Image: Capital One Financial operates its largest corporate campus in the Richmond Region. - https://www.grpva.com
