FinTech firm eMoney is expanding into Providence. The wealth management technology company is opening a new office at 100 Westminster Street, with positions already being filled for the site.
Located in a 20-story commercial building in the Financial District, the office’s downtown views paired with nearly 7,000 square feet of rented space, provide an atmosphere that is conducive to fostering the collaboration and innovation that eMoney is known for both as an employer and as a leading provider of scalable wealth management technology.
The new office location stems from the firm’s rapid growth over the last few years and desire to explore a new talent market in the Northeast.
“This is just the beginning of our journey in Rhode Island,” said Ed O’Brien, CEO of eMoney. “We’re excited to get the office up and running, becoming an integral part of the Providence community and tapping its extensive network of talent. We’re proud to expand our eMoney team so we can continue to innovate and meet the needs of our clients.”
As previously announced by Rhode Island Governor Gina M. Raimondo and the Rhode Island Commerce Corporation in March, eMoney is committed to bringing 100 full-time jobs to the state by 2020. The Greater Providence Chamber of Commerce stands ready to assist the firm with its hiring needs.
“We welcome eMoney to their new Providence office,” said Governor Gina Raimondo. “With workforce training and economic development as top priorities, we have added 14,000 jobs since taking office, and regained all the jobs lost during the Great Recession. Additions to the state like eMoney show Rhode Island is on the move.”
eMoney already has 10 employees set to work in the Providence office by mid-August, and extensive recruiting efforts are underway to fill open roles in software development, user interface and experience design, software testing and quality engineering, and product management, among others.
“Providence continues to demonstrate that it has the talent, quality of life, and momentum that businesses are looking for,” said Providence Mayor Jorge O. Elorza. “I’m excited to welcome a fast-growing company like eMoney Advisor to the capital city and wish them success in the years to come.”
eMoney has two other office locations in the U.S. Its corporate headquarters located just outside of Philadelphia in Radnor, Pa., has more than 400 employees on-site serving all areas of the business, including software development, financial planning, security and data services, sales, client engagement, marketing, finance, and human resources, among others. The firm’s West Coast office located in the San Diego suburb of La Jolla, Ca., is home to approximately 60 employees who work in client engagement, sales and financial planning.