Delaware Poised To Become Fintech Powerhouse

By Reenat Sinay (June 14, 2019, 4:47 PM EDT) -- Delaware's burgeoning financial technology sector could grow even stronger from continued development of the talent pool, a regional focus on the greater Philadelphia area and the exploration of new regulatory opportunities, according to a report published Thursday.

The "Delaware in a Fintech Future" report, co-authored by the Delaware Prosperity Partnership, First State Fintech Lab and the University of Delaware's Institute for Public Administration, looks at the existing fintech ecosystem in the state as well as strategies for growth as the fintech industry continues to gain power.

The financial services sector already accounts for 9% of all jobs in Delaware — nearly...

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