About
Minnesota Fintech Collective is a group of individuals representing local offices of several corporations in finance, insurance, and regulation in partnership with local startups, accelerators, and members of the local entrepreneurial community.
Facts about the growing momentum in MSP’s fintech sector:
Since the beginning of 2018, MSP fintech startups like Sezzle, Apruve, ClickSWITCH, Branch and Upsie have raised more than $120 million. Source: Pitchbook
The TECHdotMN technology website lists 126 fintech companies in Minnesota.
The Greater MSP region colleges and universities graduated over 1,300 people with finance related degrees and certificates in 2017, and another 1,700 with computer science, IT, and software development Bachelor’s degrees or higher. Source: Emsi
Greater MSP is home to several major financial and insurance firms including: U.S. Bancorp, Ameriprise Financial, Thrivent Financial, Securian Financial, UnitedHealth Group
Global institutions with North American or Regional HQ functions in Minneapolis - St Paul include: Wells Fargo, RBC Wealth Management, Allianz Insurance
The financial services industry is nearly 40% more concentrated here than the U.S. overall, with over 112,000 people with financial skill sets in the region. According to data gathered by LinkedIn, the number of individuals within this group that have “Financial Analysis Skills” (particularly interesting to FinTech employers) has grown by 5% from last year.
Interested in learning more or getting involved in MN Fintech Collective? Email mnfintechcollective@gmail.com
Steering Team Members
