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:
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
Financial Services Business Case Overview
Financial Services Interactive Story Map
North American Bancard
United Wholesale Mortgage
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VP, Business Development