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The world’s most successful financial services, insurance companies and fintech firms call New York State home
New York is a global financial capital — home to many of the world’s leading commercial banks, investment banks, and insurance companies. The state is thriving as these industries evolve, and we are the location of choice for fintech, insurance-tech, and blockchain businesses such as PolicyGenius, Brex, MasterCard, BetterMortgage, Oscar and Zipari.
From front-office executive, quantitive analytics, trading and client relationship offices to back-office IT infrastructure, claims processing, and technical support operations, New York has the workforce and infrastructure to make businesses successful.
New York State’s highly educated workforce and low operating costs have attracted world-class companies like Equitable, GEICO, BNYMellon, Travelers Insurance, Chase and Citi to establish professional back-office operations throughout upstate New York.
New York is top-ranked in fintech—home to 1,455 active fintech startups, including 23 that have reached the unicorn status of a $1 billion or more private valuation. In 2021, NYS fintech companies completed 528 VC deals which involved $26.2B worth of capital investment.
Financial Services and Insurance in New York State
Discover why New York State is the ideal place to launch or expand your business.
$8.4 Trillion
Amount held by New York State financial and insurance institutions
#1 in the U.S.
New York is tied at the top for number of Fortune 500 HQs
9,360
Number of NYS insurance (and related) business locations
Opportunities to grow your business in New York State
Tax-Based Incentives
Operational Support
Growth Support
Innovation Development Support
Industry Contact
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