"Venture capital firms, hedge funds, crypto companies, and tech startups have relocated from San Francisco and New York, drawn by zero state income tax, a business-friendly regulatory environment, and a growing talent base. The city's ecosystem now spans fintech, AI, defense tech, and crypto, creating ripple effects for regional banks, payment networks, homebuilders, and data infrastructure companies."
"Amerant Bancorp is the most direct Miami play on this list. Headquartered in Coral Gables, it is the primary regional bank serving South Florida's growing tech and business community. It opened a Miami Beach branch in September 2025 and a Downtown Tampa branch in October 2025, and its Downtown Miami branch has grown to $175 million in deposits and $102 million in loans."
"Lennar is headquartered in Miami and is one of the largest homebuilders in South Florida, directly serving the workforce migrating into the region's tech economy. The company benefits from the influx of tech workers and capital relocating to Miami, positioning it to capture demand from the expanding tech sector workforce."
Miami has emerged as a significant tech hub over the past five years, attracting venture capital firms, hedge funds, crypto companies, and tech startups relocating from San Francisco and New York. The city's appeal stems from zero state income tax, business-friendly regulations, and expanding talent pools. The tech ecosystem encompasses fintech, AI, defense tech, and crypto sectors, creating economic ripple effects across regional banking, payment networks, homebuilding, and data infrastructure. This geographic shift in American business has positioned Miami-based and Miami-focused companies to capitalize on the region's growth trajectory and the influx of tech workers and capital.
Read at 24/7 Wall St.
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