Overview of
Financial Services in Jacksonville
The Jacksonville region is where global financial institutions have already built their operations — and where the math on expansion consistently works in your favor. 20+ Fortune Global 500 banks, insurance firms and investment companies operate here, in a market that leads every Florida metro with an 11% projected annual growth rate through 2028.
53K+
financial services workers
11%
projected annual growth rate, Jacksonville MSA (2025–2030) — faster than the state of Florida & U.S.
20+
Fortune Global 500 financial firms operating here
#1
best job market on the East Coast
The Wall Street Journal
$25.90/sf
Class A office lease rate
Explore This Industry
1
Areas of Excellence
The Jacksonville region is home to a thriving financial services ecosystem, with global banks, fintech innovators and payment companies supported by a business-friendly environment, competitive operating costs and a strong pipeline of skilled talent.
Financial Services
Home to four Fortune 500 headquarters — FIS, Fidelity National Financial, CSX and GuideWell — alongside 53,000+ financial services professionals and major operations for Deutsche Bank, Citi, JPMorgan Chase, Wells Fargo, Bank of America and other globally recognized institutions.
Investment Banking
Global investment banks and insurance firms are drawn by a cost structure, talent pool and infrastructure profile that competing markets cannot match.
Fintech & Financial Security Software
Nearly 900 fintech companies, including FIS — the world’s largest fintech company by revenue — U.S. headquarters for Dun & Bradstreet, Paysafe and SoFi, as well as regional operations for ICE, Deutsche Bank, SS&C Technologies and more.
Florida Memorandum of Understanding with UK
Building on a 12+ year relationship, the Florida Memorandum of Understanding strengthens ties with the UK to promote bilateral trade and investment, with a focus on fintech. This includes the annual UK economic development mission taken by community leaders each fall.
2
Talent & Workforce
899,000+ in the regional labor force
and the pipeline built to keep producing
What's Already Here
899,000+ total regional labor force
Median age of 40 — three years younger than the Florida state average of 43
272,000+ graduates annually within a 250-mile radius
Home to Florida’s #1 and #2 K–12 public school districts
High concentration of military veterans with systems and operational discipline
No personal state income tax — a permanent structural advantage for recruitment and retention
Pipeline Partners
University of Florida
New downtown Jacksonville graduate campus, with a planned $300 million permanent facility, expanding graduate education in business, technology and artificial intelligence.
University of North Florida
Coggin College of Business and the UNF FinTech Academy prepare students for careers in financial technology through specialized degree programs, research and industry partnerships.
Florida State College at Jacksonville
Leads the Northeast Florida FinTech Initiative, providing industry-aligned training, technical certificates and workforce programs in financial technology.
St. Johns River State College
Partner in the Northeast Florida FinTech Initiative, expanding access to fintech education and workforce training across Northeast Florida.
Earn Up + Find Your JAX
JAXUSA’s workforce development and talent attraction programs designed to grow and retain the regional pipeline.
CareerSource Northeast Florida
Partners with financial services employers to recruit, train and upskill talent through customized workforce solutions, hiring assistance and training grants.
3
Costs & Incentives
When you run the numbers on a financial services operation in Northeast Florida, the inputs are favorable across the board.
What's Already Here
Class A office lease rate
$25.90 per square foot — a meaningful discount against Miami, Charlotte, Atlanta and New York
Cost of Living
89.9 index (U.S. average = 100) — the lowest among Southeast competitor markets
Average commute
26 minutes
Consolidated Jacksonville city/county government
reduces permitting complexity and administrative overhead
Global Access & Connectivity
Jacksonville International Airport operates 90+ nonstop daily flights to 40+ U.S. airports, with direct routes to New York, Atlanta, Chicago, Dallas, Charlotte, Washington, D.C., Miami and Boston.
Florida’s Tax Structure
No
personal state income tax
No
corporate franchise tax
No
inventory tax
No
manufacturing equipment tax
5.5%
corporate income tax rate
5th
Florida ranked 5th best business tax climate in the U.S.
Tax Foundation, 2025
4
Success Stories
FIS
Financial Services
Fortune 500 • World’s Largest Fintech by Revenue
FIS opened its 350,000-sq.-ft. global headquarters along the downtown Jacksonville riverfront in October 2022 — a 12-story facility that added 500 new jobs and anchored the world’s largest fintech company by revenue to the region. The decision reflected a long-standing relationship between FIS and the Jacksonville region built on workforce performance and cost structure.
"When the biggest names in banking plant their flags in Jacksonville, it’s not by accident. Jacksonville has become a magnet for financial institutions because we have all built something special—a community where financial services companies don’t just operate, they thrive together."
Stephanie Ferries
President & CEO, FIS
Paysafe
Financial Services
North American Headquarters • Specialized Payments Platform
UK-based Paysafe established its North American headquarters in the Jacksonville region in 2022, bringing 600 high-wage jobs and an operation spanning 100 payment types in more than 40 currencies. The move further solidified the region’s standing as the fintech capital of the Southeastern United States.
“Jacksonville is a vibrant business hub and rich with diverse talent from well-known academic institutions, as well as a number of high-profile Fortune 500 companies.”
Bruce Lowthers
CEO, Paysafe
More Companies Headquartered or Operating Here
5
Fintech in JAX
Florida’s Foremost. The Southeast’s Strongest.
The Jacksonville region is building the future of fintech through a growing technology ecosystem, highly skilled talent and a collaborative environment where companies develop the next generation of financial solutions.
Fintech in JAX
900+
fintech companies, businesses and startups operating in the region
+27%
fintech job growth 2015–2025
70K
fintech-related graduates annually within a 250-mile radius
$3.6M
state grant — Florida’s first Fintech Academy
Talent Pipelines
UNF Fintech Academy — the premier hub for fintech education, research and industry-academia partnerships in Northeast Florida
Florida’s first Fintech Academy at FSCJ and St. Johns River State College — backed by a $3.6 million state grant; certifications and degrees in blockchain, mobile applications, machine learning and cloud-based data management
University of Florida downtown Jacksonville graduate campus — $300 million permanent facility investment planned, aligned with the fintech industry
70,000+ fintech-related graduates annually within a 250-mile radius
Employer Depth
FIS
global headquarters in the Jacksonville region
Paysafe
North American headquarters
SoFi
Southeast Operations Center
Nearly 900
total fintech companies and startups operating here, including:
ICE, Deutsche Bank, SS&C Technologies, Dun & Bradstreet, Finxact, SmartStream Technologies and more
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