Jan 8, 2022

Not Just Miami: Jacksonville, Florida is a Burgeoning Fintech Hub Featuring OnPay Solutions

Via CrowdFund Insider

By now everyone is aware there is a significant migration taking place. High tax, less business-friendly states are losing out to low tax, business welcoming states and the transition is ongoing. While there are multiple states benefiting from individuals and firms exiting California, New York, etc., Texas and Florida are at the top of the list benefitting from this shift.  In fact, Florida has emerged as a rising tech hub including innovative blockchain firms and other Fintechs.

When it comes to migration trends, according to a recent report 4 out of the 5 top metro inflows are in Florida with Miami-Ft Lauderdale leading and Jacksonville, the largest city in Florida, a very close second.

JAXUSA, a group that supports economic development in the region and part of the JAX Chamber, reports that the Jacksonville region has over 62,000 professionals in the Fintech sector. Growth is being aided by a growing skilled talent pool, affordable real estate, and “supportive regulatory bodies” that make Jacksonville a “Fintech city to watch closely.” Jacksonville is home to many innovative financial services firms including FIS, Dun & Bradstreet, SoFi, SS&C Technologies, Black Knight, SmartStream, OnPay Solutions, Greenshades, Finxact, and others.

About OnPay Solutions

Listed by CFO Tech as one of the Top 10 Accounts Payable Solution Providers 2018, 2019 and 2020, and by CIO Review as part of the 20 Most Promising Corporate Finance Tech companies for 2017, OnPay Solutions streamlines processes for accounts payable by automating invoice processing and payments.

At OnPay Solutions, our mission is to help businesses streamline payment processes, cut costs, earn rebates, and improve productivity by eliminating paper and removing arduous tasks.

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