Business & Financial Services
A global hub for leading financial institutions and cutting-edge startups
Home to big names like JPMorgan Chase, Capital One, M&T Bank, WSFS Bank and Citibank Delaware is a nationwide leader in business and financial services. The seminal legislation The Financial Management Act of 1981 kickstarted Delaware’s journey to becoming a hub for the financial services sector. Today, financial services is our state’s largest traded sector, and our trusted and sophisticated professional and business services firms–legal, accounting, consulting, and more–make Delaware an ideal corporate destination.
Internationally, Delaware’s business law court system is one of the most trusted and respected. Its distinctive market-centered model relies on experienced judges to review cases as opposed to potentially uninformed or unpredictable juries. Just one more reason why more than 60% of Fortune 500 companies choose Delaware to incorporate.
In the First State, financial investors, consultants, global headquarters and more benefit from our strategic location, internationally trusted business law system, experienced workforce and uncomplicated business climate. We also punch above our weight in innovative technologies, like artificial intelligence, blockchain, cryptocurrency and machine learning, to ensure Delaware firms remain at the forefront of the business and financial services.
Financial services accounts for 9% of all jobs in Delaware, the highest share of any U.S. state
Delaware has been a longtime leader in financial services, the result of a supportive, pro-business legal environment and favorable tax legislation.
Home to more than 50% of all publicly traded U.S. companies
DuPont, Incyte and ILC Dover are among the companies with headquarters in Delaware.
Delaware was among the first U.S. states to embrace blockchain
Today, Delaware is home to a fast-growing number of diverse startups, corporate leaders and professors revolutionizing the world of business and finance.
Financial transaction processing has grown by 32% in the past 5 years
Home to more than 40 companies in this sub-sector, Delaware is strategically poised for growth in this emerging industry.