The Detroit Region is a historic leader in banking and fintech    

With the rise of digital banking, cryptocurrencies, and cashless transactions, new technologies and trends have revolutionized the financial services industry. Now, large banks and emerging fintech startups alike are looking to the Detroit Region to lead the way forward.

The Detroit Region is a top location for finance and business talent, with industry job growth steadily outpacing the national average. The University of Michigan offers the best undergraduate finance program among public U.S. universities. And the Detroit Fintech Association regularly hosts events and initiatives to grow the region’s financial technology sector.

Prominent finance companies are increasingly choosing to expand their operations in the Detroit Region because of its low cost of business, high-quality talent, and prime location. The region is currently home to the headquarters of the nation’s largest retail mortgage lender Quicken Loans and the two largest wholesale mortgage lenders: United Wholesale Mortgage and Home Point Financial.

With its top talent and historic expertise, the Detroit Region is proud to optimize your growth and pioneer the future of fintech together.

Frequently Requested Information:

View Financial Services Interactive Business Case
Download Financial Services Business Case PDF

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From digital banking to insurance technology, the Detroit Region is at the forefront of the evolving financial services and fintech industry. Over the past five years, the region’s industry job growth has quickly outpaced the national average and is projected to continue growing at a robust, steady pace.

2019 Financial Services Facts

#1

U.S. Retail Mortgage and Wholesale Mortgage Companies

Headquarted in the Detroit Region

95,068

Finance and Insurance Workers

5

Michigan-Based Companies Ranked on the Inc. 5000 in 2020

11.0%

5-Year Historic Growth

2015–2019

6.0%

5-Year Forecasted Growth

2019–2023

7.0%

Fintech Job Growth

2015–2019

Resources and Data

Financial Services Interactive Business Case

a three lane highway in michigan

Financial Services Business Case PDF

two people from behind crossing a street

Key Companies

Ally Financial

Bankrate

Billhighway

Clearcover

Credit Acceptance

Flagstar Bank

Homepoint Financial

Huntington Bank

International Bancard

North American Bancard

Quicken Loans

United Wholesale Mortgage

Contact Our Expert

Kent Spencer

Kent Spencer

VP, Business Development