UD Fintech center goes into full operation

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A view of two floors of the FinTech center. UD Photo.
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A brief ribbon-cutting ceremony was held last week to mark the official entry of University of Delawre faculty, staff and stiudents at the FinTech Innovation Hub on the University of Delaware’s Science, Technology and Advanced Research (STAR) Campus.

“What is really amazing about this gem is the fact that we already have collaborative hubs on the STAR Campus — in health and life sciences and with our partners in industry — in energy with Bloom Energy and materials, think Chemours,” UD President Dennis Assanis said. “Now we’re bringing another great play in our playbook here. The research and innovation at this new hub will expand Delaware’s legacy of national leadership in financial services. We’re also opening up new space for education.”

One goal of the center is to research financial services that can help families get affordable financial services.

The FinTech building is about 95% occupied after gaining its certificate of occupancy a year ago.

The center is the home for financial experts, computer scientists, data analysts, startup companies that employ or aspire to employ financial technology of many kinds in their work and even the headquarters of a senior-living community working on solutions.

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About half the space is devoted to UD-based work, including teams from the Lerner (business college) and the College of Engineering, plus the Office of Economic Innovation and Partnerships (OEIP).

Click here for the full story from UDaily.

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