Massachusetts sets up fintech hub

Massachusetts sets up fintech hub

Massachusetts is getting its own fintech hub that will seek to capitalise on the commonwealth’s deep talent pool and reputation for innovation.

Following more than a year of work by the Massachusetts Fintech Working Group, the Mass Fintech Hub, is launching as a public-private partnership dedicated to making the Commonwealth a global leader in fintech.

Operated by Boston-based non-profit FinTech Sandbox, the hub will look to make the most of a talent pool that consists of some of the world’s best universities – including Harvard and MIT – and a tech-heavy economy.

It will work to increase access to capital, and enhancing collaboration among the state’s largest financial institutions, startups, investors, nonprofits and academia.

To read more, please click on the link below…

Source: Massachusetts sets up fintech hub