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Australian tech firm picks Denver for second U.S. hub

Less than a week after Colorado’s office of Economic Development and International Trade offered Australian tech company Finder incentives to locate its second U.S. hub in Denver, the company announced Thursday it’s committing.

Finder, a fintech company that provides users with an app-based financial comparison tool for making decisions about personal purchases, is looking to launch the app in the U.S. market. The company has had an office in New York City since 2016.

The move will also mean remote-working jobs for Coloradans in rural counties.

“Access to the talent required to launch their product and continue to grow is the primary location driver,” according to the project summary.

The company also looked at Utah, Texas and North Carolina.

It currently has 450 employees, three of whom are in Colorado. It’s looking to create up to 198 new full-time positions for product managers, software engineers and app developers.

The average annual salary for those positions is $84,222. Up to $2,296,136 in performance-based Job Growth Incentive Tax Credits were approved. Credits are only issued after the jobs are created.

“It’s a really exciting time in Finder’s history as we scale to become the most useful and valuable personal finance platform for consumers,” said Finder USA CEO Don Ross in a statement. “Now more than ever, there’s a demand from our customers to develop a deeper understanding of their finances and find valuable ways to both save money and create wealth.”

The company announced as part of its Colorado expansion, Finder plans to utilize the state’s “location-neutral employment (LONE) initiative and projects up to 74 of its new employees will work remotely from Colorado’s LONE Worker-eligible counties.”

Those counties, mostly rural, include: Alamosa, Archuleta, Baca, Bent, Chaffee, Cheyenne, Clear Creek, Conejos, Costilla, Crowley, Custer, Dolores, Fremont, Garfield, Grand, Hinsdale, Huerfano, Jackson, Kiowa, Kit Carson, Lake, Las Animas, Lincoln, Logan, Mesa, Mineral, Montezuma, Otero, Ouray, Park, Phillips, Prowers, Rio Grande, Saguache, San Juan, San Miguel, Sedgwick, Washington and Yuma.

“Colorado’s economy is roaring back and we are a tech hub that companies continue to flock to,” said Gov Jared Polis in a statement. “These new Colorado jobs highlight the high-demand for Colorado’s talent and expand opportunity for our urban and rural workforce alike.”

Finder’s U.S. expansion “will help America’s 328 million people make informed financial decisions surrounding America’s $906B credit card debt,” according to the company.

For information about job openings, check the company’s website.

Flag of Colorado waving in the wind against blue sky - photo by M.Torres (Getty images)
Flag of Colorado waving in the wind against blue sky – photo by M.Torres (Getty images)


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