Greater Phoenix’s large talent base and competitive labor costs make it the place for businesses to go to scale

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Fintech

Silicon Valley Bank today announced its expansion in Arizona. The bank has secured an additional 60,000 square feet of office space in Tempe to grow its presence by more than 300 employees in the next three years.

Silicon Valley Bank expands in Arizona

November 12, 2019

TEMPE, AZ (November 12, 2019)—Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced its expansion in Arizona. The bank has secured an additional 60,000 square feet of office space in Tempe that it will move into in Q1 2020 and aims to grow its presence by more […]

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Verdigris Holdings, Inc., has selected Arizona for its corporate headquarters, bringing over 200 high-paying jobs to Greater Phoenix.

Verdigris Holdings selects Arizona as corporate headquarters...

July 23, 2019

210 jobs representing $32 million annually to come to Greater Phoenix area by 2022 SCOTTSDALE, AZ (July 23, 2019) – Verdigris Holdings, Inc., the company bringing banking to the unbanked, and the Arizona Commerce Authority, the state’s leading economic development organization, are pleased to announce that Verdigris has selected Arizona for its corporate headquarters. Verdigris […]

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Greater Phoenix already has a welcoming environment for financial services and FinTech thanks to steady cultivation of the sector over the years.

FinTech’s newest place to play: A desert sandbox

Arizona is the first state in the nation to issue an open invitation to financial technology pioneers. By Adam Bruns Go to the home page of Arizona Attorney General Mark Brnovich and you’ll see some pretty important drop-down menu labels across the top: “Consumer,” “Criminal” and “Civil Rights” among them. Like signs outside a business […]

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The great talent migration

Written by Ron Starner Greater Phoenix is winning the race for industry because it is winning the race for talent. That, in a nutshell, says Chris Camacho, president and CEO of the Greater Phoenix Economic Council, is why companies continue to invest their capital to set up shop and do business in Phoenix and its […]

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Arizona is a top tech city and has become the first state in the U.S. to adopt a regulatory fintech sandbox

Things to know about Arizona’s FinTech sandbox

In March 2018, Governor Doug Ducey signed House Bill 2434 into law making Arizona the first state in the nation to enact a groundbreaking regulatory FinTech “sandbox.” Arizona joins countries such as the United Kingdom, Singapore, United Arab Emirates, and Australia in encouraging FinTech investment by instituting sandboxes. In Arizona’s sandbox, startups, entrepreneurs and even […]

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These FinTech companies can take advantage of a competitive U.S. market entry through Phoenix.

Arizona and Mexico’s emerging FinTech scene

By Ruth Soberanes, Director of Trade & Investment Financial technology, or FinTech for short, refers to the disruption of financial methods through the use of new technology. Depositing checks on your mobile banking application and utilizing cryptocurrencies for financial transactions are just a few examples of what this new technology allows users to do. In general, […]

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