Medius, a leading provider of accounts payable (AP) automation, today announces the opening of its U.S.-based office in Jacksonville, Florida. The office will serve as the organization’s new U.S. headquarters, which were formerly in New York City. The new headquarters represent a larger commitment to the Jacksonville community, as it emerges as one of the country’s hottest spots for fintech growth.

The new office location will serve as the home base for more than 100 employees, creating 15 new and local jobs across finance and sales teams. The planned three year investment follows the company’s 2022 acquisition of OnPay Solutions, a Jacksonville-based invoice payments provider.

Dubbed a “fintech city to watch closely” by Crowdfund Insider in 2021, Jacksonville has continued to blossom. According to the JAX Chamber, Jacksonville is home to nearly 65,000 financial service employees, a number that continues to grow. The city is currently home to a number of Fortune 500 companies including Fidelity, CSX and Landstar System. Medius’ new office is located within 501 Riverside in the Brooklyn neighborhood of Jacksonville, accompanied by KPMG and TIAA Bank, among others.

Jim Lucier, CEO of Medius, comments: “Jacksonville is a burgeoning hub for fintech organizations driven by the local talent and proximity to public and private educational institutions like Jacksonville University and Florida State College at Jacksonville. We’re excited to call this city home and bring more skilled locals into the business over coming months. The need to increase headcount follows a year of excellent North American growth as more organizations turn to Medius to improve operations in the Office of the CFO using technological innovation, particularly in AI.”

Kimberly Hawkin, Accounts Payable Manager at Safariland, comments: “As a longtime customer of Medius, Safariland has been able to help level up its finance department with streamlined operations and automated processes. By producing greater efficiency, Medius has created value for Safariland and helped our company achieve many of its objectives. We’re excited that Medius selected Jacksonville as the site for its US headquarters and look forward to our continued partnership. The move is certain to play an important role in enhancing our city’s reputation as a hub for future business and tech.”

Aundra Wallace, President of JAXUSA Partnership, comments: “Once a company enters the Jacksonville market with a merger or acquisition, we’re always looking for opportunities to keep them here. This is another example of our emergence as a fintech center and we look forward to working with Medius as they grow in our region.”

Christian Harden, Managing Partner of NAI Holdings, comments: “Medius’ decision to move into Jacksonville’s Brooklyn neighborhood is indicative of the growing and flourishing fintech center in the area. We’re proud to work with organizations that enable Jacksonville’s growth and look forward to supporting the business’ presence in the city.”