News 12 Staff

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Sep 25, 2024, 7:40 AM

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Updated

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Gov. Ned Lamont joined officials to cut the ribbon on Numisma Bank's new world headquarters on Sound Shore Drive.

Numisma Bank distributes U.S. currency to financial technology (fintech) companies globally.

Fintech is a rapidly growing industry in southwestern Connecticut.

According to Connecticut Community and Economic Development Commissioner Daniel O'Keefe, "Innovation is quite literally our birthright."

Numisma has unique access to Federal Reserve System lending and credit resources.

Some competitors have raised concerns about potential special treatment due to co-founder Randy Quarles' past role as Fed vice chair.