Stripe Names Miami Fastest Growing Startup Hub In US
Miami is growing faster than any other startup hubs in a new ranking release by Stripe.
Stripe is a payment processing firm, putting it in position to see startup growth.
“Miami’s growth has indeed been quite striking in our data: detected breakout companies are up by 89% in 2021/2022 as compared to 2016/2017,” Stripe said in a letter.
Miami also now ranks higher than Austin, TX.
In the US, only the Bay Area, New York, and Los Angeles now rank higher than Miami as a startub hub, Stripe said.
The only startup hub worldwide that grew faster than Miami over the past five years was Tokyo, according to the ranking.
Source: The Next Miami