Graduates from U’s FinTech program join a popular, growing field

May 23, 2024, 6:00 PM | Updated: May 24, 2024, 10:33 am

Financial technology, or FinTech is a new minor offered at the University of Utah. This year, they ...

Financial technology, or FinTech is a new minor offered at the University of Utah. This year, they graduated their first class of students. (Canva)


SALT LAKE CITY — FinTech, or financial technology, is a booming business. And if you’ve ever used a mobile banking app or something like Venmo you’re a part of that growth. Now, 19 more graduates from the University of Utah hope to add to the growth of FinTech, too.

The U is offering a new minor dedicated to FinTech. This year, they graduated their second class of students. There are dozens more behind them.

These graduates will fill roles in digital banking, blockchain technology and artificial intelligence. All of these industries are booming businesses with huge potential.

“It’s attracting a lot of capital, creating a lot of economic output,” said Ryan Christiansen, the Executive Director of the Stena Center for Financial Technology at the U.

Indeed, revenue from the FinTech industry is expected to grow to $1.5 trillion by 2030, according to The Boston Consulting Group and QED investors.

About the Stena Center

As with other colleges and universities across the United States, the Stena Center for Financial Technology combines the academic disciplines of business and engineering. In February, the Stena Center hosted the FinTech XChange Summit.

This conference gave students and others opportunities to learn about trends in FinTech from technology, academic, and regulatory experts.

And, as part of its program, the U’s FinTech students work with Utah FinTech businesses for hands-on experience in the real world.

Those behind the Stena Center say the education they offer is a first step.

“This minor program is really the first step in developing a robust FinTech education for students at the University of Utah,” said Emily Flinders, the Director of Operations at the Stena Center.

As many as 60 students are currently enrolled in the program, a number that is expected to keep growing.

Other reading:

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

The front of the Holladay Lions salt lake county recreation center...

Allessandra Harris Gurr

The hidden cost of recreation centers

A new report shows that several recreation centers in Utah operate at a deficit in the millions. Part of covering that gap comes via taxes.

4 hours ago

The Utah Women & Leadership Project, based out of Utah State University in Logan, Utah, reports tha...

Simone Seikaly

Report finds fewer Utah workers experiencing sexual harassment

For the first time in years, the number of sexual harassment reports filed with the EEOC places Utah in line with the national average.

6 hours ago

The lawsuit was filed in Tallahassee minutes after a Disney World oversight board appointed by DeSa...

Jeff Caplan

Jeff Caplan’s Minute of News: Disney debt

Financial advisors will warn you against going deep into debt. But sometimes you have to. It’s a part of life. And so is going to Disney.

13 hours ago

A photovoltaic panel shines in the sun at the Appaloosa Solar 1 project near Cedar City. Rocky Moun...

Heather Peterson

Businesses on Salt Lake City’s west side taking steps toward using clean energy

A few businesses on Salt Lake City's west side are going solar. They hope to encourage others to do the same.

13 hours ago

An Outdoor Retailer sign is pictured outside of the Salt Palace Convention Center on Sunday. The ev...

Carter Williams

5 newer outdoor products on display as Outdoor Retailer returns to Utah

The Outdoor Retailer tradeshow brings together new or familiar companies from around the world, which gets new products into stores.

15 hours ago

Consumers who pay in cash used to get discounts. Now, it can cost you extra as we shift away from p...

Amanda Dickson

Want to pay cash? That might cost extra

Consumers who pay in cash used to get discounts. Now, it can cost you extra as we shift away from paying with cash in our society.

1 day ago

Sponsored Articles

Underwater shot of the fisherman holding the fish...

Bear Lake Convention and Visitors Bureau

Your Bear Lake fishing guide

Bear Lake offers year-round fishing opportunities. By preparing ahead of time, you might go home with a big catch!

A group of people cut a purple ribbon...


Comcast announces major fiber network expansion in Utah

Comcast's commitment to delivering extensive coverage signifies a monumental leap toward a digitally empowered future for Utahns.

a doctor putting her hand on the chest of her patient...

Intermountain Health

Intermountain nurse-midwives launch new gynecology access clinic

An access clinic launched by Intermountain nurse-midwives provides women with comprehensive gynecology care.

Young couple hugging while a realtor in a suit hands them keys in a new home...

Utah Association of Realtors

Buying a home this spring? Avoid these 5 costly pitfalls

By avoiding these pitfalls when buying a home this spring, you can ensure your investment will be long-lasting and secure.

a person dressed up as a nordic viking in a dragon boat resembling the bear lake monster...

Bear Lake Convention and Visitors Bureau

The Legend of the Bear Lake Monster

The Bear Lake monster has captivated people in the region for centuries, with tales that range from the believable to the bizarre.


Live Nation Concerts

All the artists coming to Utah First Credit Union Amphitheatre (formerly USANA Amp) this summer

Summer concerts are more than just entertainment; they’re a celebration of life, love, and connection.

Graduates from U’s FinTech program join a popular, growing field