Financial tech company to double employment in Columbus
FIS Management Services is growing its footprint in Columbus. The financial technology company plans to double its local workforce as part of a fresh wave of state-backed economic development initiatives.
The Ohio Tax Credit Authority recently approved $239 million in total state investment across five distinct projects throughout the region. These collective efforts aim to produce $93 million in new payroll for the state economy. Within this broader plan, FIS Management Services secured a commitment tied to $6 million in newly generated payroll for its central Ohio operations.
This expansion signals a continued focus on building technical infrastructure within the Columbus area. Local officials point to these tax credits as a primary mechanism for attracting financial services providers to the region. The addition of these roles brings consistent employment opportunities to the tech sector in central Ohio.
As these projects move into the implementation phase, the focus shifts to hiring and integrating the new workforce. The state support acts as a financial incentive to ensure these companies maintain long-term operations locally. This development reinforces Columbus as an emerging hub for financial technology firms seeking talent and a stable business environment.
The broader $239 million investment package includes other entities, but the commitment from FIS Management Services remains a notable component of the current announcement. Residents and industry observers will monitor the hiring progress as the company scales its activities to meet the requirements of the state agreement. The arrival of these jobs is a step forward for the local labor market.