The Governor’s Office of Economic Development (GOED) today announced LendingClub Corporation (NYSE: LC) will expand in Utah adding up to 860 jobs, $22 million in new state revenue and an estimated $17.85 million in capital investment over the next 10 years.
As financial technology, or “FinTech,” grows from an obscure corner of the digital market to a source of mainstream trends and broad-reaching innovations, the cities that cultivate FinTech companies are no longer limited to large, traditional financial centers.
The Fox Files is a weekly message from EDCUtah President & CEO Theresa Foxley. Financial Technology (fin-tech) companies are a natural fit in Utah and with expansion announcements from Earnest, SoFi, and Varo Money, it's easy to see why fin-tech is here to stay. (2 min. read)
When Goldman Sachs decided to move into consumer financing, it chose its Salt Lake City office to carry the operation that's been up and running for six months now. Read more about Goldman's operations in Utah. (3 min. read)
SALT LAKE CITY (Nov. 3, 2016)—The Governor’s Office of Economic Development (GOED) has appointed three industry consultants to oversee strategic growth in the aerospace, financial services and life science sectors.
The U.S. financial services industry, faced with heightened regulations and competition for skilled labor from technology companies, increasingly is finding the workers it needs by expanding to cities like Salt Lake City, according to a new report from CBRE Group, Inc.