Since the Great Recession of 2007-2009, the financial technology (fintech) industry has transformed the traditional financial services sector and introduced innovative business models globally. That’s the conclusion of a new report on the sector from the Kem C. Gardner Policy Institute at the University of Utah.
The report, “The Economic Impacts of Utah’s Fintech Industry,” shows that in 2023, Utah’s 67 fintech companies created nearly 8,000 jobs and produced more than $1 billion in total annual wages.
“In Utah, the fintech industry has grown and will continue to grow, thanks to the state’s youthful population and Please log in to see the rest of this story.