Miami has emerged as a leading US tech hub, which has become a destination for business expansion and investment, with companies like Oracle, Palantir, and Hewlett Packard Enterprise relocating from major cities like San Francisco or New York since the COVID-19 pandemic. The city’s advantages attract companies of all sizes, including fintech startups which has increased by 63% over the past two years, to developing new technologies and solutions and also tech conferences one of which was the 8th America Digital Congress 2023 was held November 15–16 in Miami, Florida. The event hosted at the Miami Beach Convention Centre, was aimed to draw in international technology companies and showcase Miami’s developing reputation as a digital hub. The event emphasized the region’s economic growth by stressing the financial and technological sectors; revival and how data, tech-enabled infrastructure, and sustainability have helped the city become an innovation hub.
With the wave of tech innovation in Miami, report by America Digital indicates that by 2030, Miami will solidify its reputation as a tech powerhouse, with the creation of 650 thousand computers and IT related jobs, signifying a 13% increase in employment. To prepare graduates, develop new technologies, draw talent, and create a favorable economic environment, universities are forging strategic collaborations too. Florida is one of the top five states with the highest number of IT job openings, and if it’s startup ecosystem continues, Miami’s might grow to $25 billion, hence it is anticipated that major corporations will keep relocating to the area.
In relation to financial technology, Miami has emerged as a leading center for venture capital and fintech, with tokens, cryptocurrencies, and digital money being prominent themes. America Digital reports that in Miami, businesses in this industry closed deals totalling $965 million in 2023, up $106 million over the previous year. This implies that Miami as a financial center for the Americas is an ideal location for developing fintech. It is therefore expected that in 2024, fintech is expected to grow rapidly due to increased online payment adoption, embedded finance, and demand in emerging markets, with financial services integrated into non-financial platforms. AI-driven fintech is also expected to transform products and services, offering personalized solutions based on user data and significantly impacting Central Banking digital currencies
(CBDCs) through improved infrastructure and security. Open banking APIs will drive digital transformation, enabling data and service sharing to enhance customer experiences.
Among the innovations propagated by fintechs is the media industry, and one of the many media platforms that have experienced rapid growth and recognition in the US is FINTECH.TV. FINTECH.TV is a global media platform focusing on financial technology, including blockchain, sustainability, cryptocurrency, digital banking, payments, impact investing, SDGs, ESG, and AI. Its Marquis studio at the New York Stock Exchange provides context and analysis to understand fintech innovations. FINTECH.TV follows global capital transformation and is the first channel to address top issues for Gen Z and millennials. It has a 24/7 channel and is syndicated to the OTT platform.
Due to Miami’s vibrant lifestyle, varied culture, and prospects for entrepreneurship, the city draws a younger generation. Hence, FINTECH.TV can offer insights that appeal to this audience, encouraging increased involvement and knowledge around financial and technological advancements. The channel’s constant availability and its syndication to the OTT platform enable FINTECH.TV to provide relevant content and information to Miami viewers on advancements in blockchain and sustainable finance, making these topics a household discussion in Miami. Similarly, FINTECH.TV’s partnership with ReachTV in launching a daily one-hour show titled “Market Movers: The Opening Bell” will further spark viewers interest in technologies; AI, web3 and companies shaping the world’s financial landscape. The program, which will be distributed across ReachTV’s network, including airport gates and venues, as well as hotel rooms and FINTECH.TV’s digital platforms, can help residents of Miami stay informed about the latest trends and innovations in fintech which can inspire new projects and drive growth.
FINTECH.TV plans to build a 24/7 channel focused on digital transformation and sustainability. It will collaborate with the New York Stock Exchange, Spax, SSC TV, and the United Nations. FINTECH.TV aims to create a cluster of innovation, generating content, education, and awareness globally. This vision enables people to engage with important narratives and participate in global dialogue. Through these collaborations, FINTECH.TV can raise awareness about Miami’s emerging tech community on a global scale. These alliances may promote foreign investment and present opportunities for regional companies. With its emphasis on blockchain technology, sustainable development, and digital transformation, FINTECH.TV aligns well with Miami’s reputation as a hub for investment and innovation, using media and technology to
democratize financial access.
Significantly, FINTECH.TV has launched a crowdfunding raise on the tZERO Securities platform, marking a significant step towards democratizing finance through media, technology, and innovation. The platform allows FINTECH.TV to expand its reach, enhance content, and strengthen its position as a pioneer at the intersection of blockchain and media. FINTECH.TV can use innovative methods like tokenization and fractionalized securities, enabling more investors to participate in market opportunities. These platforms can present novel possibilities for investors and business owners in Miami, facilitating local companies’ access to funding and participation in the international financial market.
Since Miami has swiftly become the premier US tech hub, attracting major companies and startups alike with its business-friendly environment, strategic location, and vibrant culture, FINTECH.TV is poised to solidify its status as a global technological innovator. This ensures that Miami’s future as a center for technological and financial advancement looks incredibly promising.