Global Firm Opens Detroit Fintech Co-Working Hub to Foster Growth
Summary
Singapore is a well-known global finance capital, while Bahrain has spent the past four decades positioning itself as one of the Middle East’s bastions of commerce and entrepreneurship.And that might be exactly why the FinTech Consortium , a privately owned international firm engaged in ecosystem-building as well as incubating and funding financial tech companies, chose the Motor City as the location for its first North American hub—joining its other two outposts in Bahrain and Singapore.Almaskati says the Detroit hub will follow a model in which tenants pay a fee to use the space, with options that range from a one-day pass to a private corner office.He says the hub will also offer leadership courses, monthly classes and activities, hackathons, demo days, pitch coaching, and more.At the same time, we want innovators to see the Detroit FinTech Bay as a platform to showcase their solutions and startups.” The ultimate goal, he maintains, is to bring people together to foster creativity and growth for all involved.