Fiserv and Kansas State Unite to Launch $2 Billion FinTech Innovation Hub
Fiserv, a leading global provider of payments and financial services technology, has announced an exciting partnership with the Kansas Office of the Governor to establish a $2 billion strategic FinTech hub in Overland Park, Kansas. This initiative is set to create approximately 2,000 new jobs, significantly boosting the local economy.
Overview of the New FinTech Hub
This substantial investment is part of Fiserv’s broader strategy to consolidate operations, foster innovation, and expand its network of strategic hubs across the United States. The new facility in Overland Park will serve as a central point for collaboration and technology development, aiming to inspire innovation and provide best-in-class solutions to clients.
Key Features of the Overland Park Campus
- Size: The campus spans 427,000 square feet.
- Location: Situated at 6500 and 6550 Sprint Parkway on the Aspiria campus, chosen for its central US location.
- Living Costs: The area boasts cost-effective living options.
- Talent Pool: Proximity to Fiserv’s Midwest client base and access to top-tier tech talent.
The site is designed to attract skilled professionals and provide employees with world-class amenities, reinforcing Fiserv’s commitment to regional economic growth.
Support from Government Leadership
The Kansas Office of the Governor, led by Governor Laura Kelly, is dedicated to strengthening the state’s economy through innovation and diversification. The collaboration with Fiserv aligns with the governor’s strategy to promote high-value career opportunities and ensure long-term economic resilience.
Impact on Local Economy
This new FinTech hub is expected to make a significant contribution to Kansas’s economic development, particularly by:
- Supporting military personnel transitioning to civilian careers.
- Offering opportunities for graduates from local higher education institutions.
Timeline and Future Prospects
Fiserv plans to open the Overland Park location later this year, which will enhance its national network of strategic sites essential for improving client service and organizational agility.
“Fiserv’s new strategic hub in Overland Park is a significant step forward as we continue to elevate Kansas to new heights,” stated Governor Laura Kelly. “This initiative will create high-value career options for military personnel transitioning to civilian life and graduates of our higher education system.”
Frank Bisignano, chairman and CEO of Fiserv, expressed his enthusiasm about the expansion: “We are thrilled to expand our U.S. footprint, bringing our people together to drive innovation on behalf of our clients. The greater Kansas City Metro area offers a dynamic environment with a growing population of tech talent, making it the ideal location for Fiserv’s next strategic FinTech hub.”
For more information about Fiserv and its initiatives, visit their official website at Fiserv. To learn more about economic development in Kansas, check out the Kansas Office of the Governor’s website at Governor’s Office.
