At the Frankfurt Finance Summit, Tarek Al-Wazir, Hessian Minister of Economics, Energy, Transport and Regional Development, revealed that the planned Frankfurt FinTech Hub will open in September 2016. The Hessian government kicked off this initiative last December with an announcement. The goal is to create an attractive environment in Frankfurt for modern financial technology companies, known as FinTechs. The FinTech Hub should help to facilitate the founding of new companies and help to retain established FinTechs in the Frankfurt Rhine-Main region.
Watch Minister Al-Wazir’s speech below.