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 Financial Services Information:

Download Cluster Overview
Download Business Case Overview
Access the Financial Services Interactive Story Map

Business Document Report On Paper And Tablet With Sales Data And Financial Business Growth Graph On Table Background.

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


U.S. Retail Mortgage and Wholesale Mortgage Companies

Headquarted in the Detroit Region


Finance and Insurance Workers


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


5-Year Historic Growth



5-Year Forecasted Growth



Fintech Job Growth


Resources and Data

Financial Services Cluster Overview

African Couple Getting Car Key From Dealer In Showroom And Signing Contract

Financial Services Business Case Overview

two people from behind crossing a street

Financial Services Interactive Story Map

a three lane highway in michigan

Key Companies

Ally Financial




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