WALTHAM, Mass.—Brandeis University is contributing to a public-private coalition in Massachusetts that believes financial technology is the Bay State’s “next big thing.”
Brandeis is among the partners behind Mass Fintech Hub, an initiative recently launched in an effort to boost the state’s growing fintech sector, the university stated.
“Massachusetts startups are known to solve hard, deep-tech problems,” said Prof. Debarshi Nandy, the Barbara and Richard M. Rosenberg professor of global finance at Brandeis International Business School. “That’s why I think Massachusetts will ultimately lead in fintech. The state’s academic strength in cutting-edge research, combined with its deep regulatory and policy experience and historical strength in money management, provide Massachusetts with a strong comparative advantage.”
Brandeis asserted its International Business School is a leader in fintech education.
The Goal
“The goal of Mass Fintech Hub is to make Massachusetts the global leader in all things fintech. Fintech will soon be embedded in almost all aspects of our lives, since financial transactions and services are essential for any business,” Nandy stated in a Q&A on the university’s website. “We already have strong foundations: a great mix of large financial services firms, thoughtful entrepreneurs and investors with a global-inclusive view, and incredible universities that nurture a talented workforce.