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California's fintech startups are invading New York

Brex has moved its CFO to NYC, Plaid has hired 100 people in the City post the Quovo acquisition, Affirm has opened a NYC office and hired 100 people, Uber Money is HQed in NYC, and Stripe is on a New York hiring spree. 

The city has long been a hub for finance, and more recently for tech. “New York is a global leader,’’ said David Singleton, Stripe’s chief technology officer. “It’s just an important market for entrepreneurialism and startups.”

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