St. Louis’ strong IT and financial services sectors, together with its increasingly robust startup ecosystem, have created an ideal environment for up-and-coming financial technology (fintech) firms. Square acknowledged this when it expanded its local presence with a 15-year lease in Downtown St. Louis in 2019. And fintech startup FinLocker, founded and headquartered in the region, received one of the largest funding rounds for a St. Louis startup in 2020.
Startups here have access to a variety of support services. Innovation centers like Cortex and T-Rex provide coworking space, tech incubation, and resources for creative entrepreneurs. And venture capitalists like Cultivation Capital provide the funding those entrepreneurs need to get their ideas off the ground and into the hands of customers.
The St. Louis area is home to more than 7,600 business establishments in the financial activities industry, employing more than 86,000 people. These skilled workers make up an expansive workforce, and business leaders from all touchpoints of financial technology are utilizing our region’s talent and resources to achieve success. From the technology initiatives of Mastercard and Square to the investment expertise of Edward Jones, Stifel Financial, and Wells Fargo Advisors, these firms help make St. Louis the place to propel the industry forward.
7,600+ businesses employ 86,000+ people in St. Louis’ financial sector
FinLocker earned a top funding round among STL startups
CIO named St. Louis one of six emerging tech hubs in the U.S.