Finance and Insurance

A Growing Footprint for Financial Technology

The Finance and Insurance sector includes the execution of financial transactions such as creation, liquidation, or change of ownership of financial assets; and financial technology (Fintech,) whose scope has been expanded to include consumer services such as education, retail banking, fundraising and non-profit, and investment management.

Colorado Springs is ranked among the United States’ top 50 fintech hubs bolstering Finance and Insurance activity and aligning itself as a growing investment destination for sector companies. The city’s proximity to Denver allows room for multinationals like Western Union and Charles Schwab rooted in the State’s capital, to extend their satellite operations to Colorado Springs. As one of the fastest-growing tech hubs in the nation, Colorado Springs creates a platform for large corporations and startups to innovate and take advantage of the city’s workforce with strengths in both financial services and information technology.

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Tim Vanderhoof

Vice President, Economic Development

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