limitedDistribution · Industry Research
Dallas is quietly becoming a serious fintech city, and most people outside Texas haven't fully registered it.
Dallas is emerging as a significant fintech hub, with major financial institutions expanding their presence in the area.
Dallas is rapidly becoming a major fintech hub, attracting significant financial infrastructure and talent.
Executive Summary
Dallas is quietly becoming a serious fintech city, and most people outside Texas haven't fully registered it. JPMorgan now employs more people in Texas than in New York. Roughly 10,000 of them sit at the Plano campus alone. Goldman is building a tower downtown. Wells Fargo is finishing an 850,000 square foot expansion in Irving. Charles Schwab moved its headquarters here in 2021. Capital that used to default to NYC or SF is finding its way to operators who can build without burning $40M to get to revenue.
Source: LinkedIn
Authors: James Wang
Original Article: https://www.linkedin.com/posts/jameszhenwang_dallas-is-quietly-becoming-a-serious-fintech-activity-7457785876304162816-1h3o
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