Following Decision to Locate Global Headquarters in Chicago Last Year Innovative Bank is Growing to 300 Employees
CHICAGO—(ENEWSPF)—April 2, 2018
By: Rosemary Piser
Mayor Emanuel joined iam bank founder and CEO Lee Travers today to announce the company is expanding its Chicago headquarters to 300 employees. The move follows the company’s decision to locate its global headquarters and hire 35 employees in Chicago last year.
At the announcement, Mayor Emanuel said, “More companies from across the country and around the world are growing and investing in Chicago because they recognize the unparalleled strengths of our great city. As Chicago continues to create jobs at a record pace, iam bank plans to be part of that success by expanding their footprint here and contributing to our city’s expanding economy.”
Lee Travers, CEO of iam added, “Chicago is a wonderful city with a diverse culture. It is a hotbed for FinTech start-ups, and here at iam bank we want to find the best talent and build the most innovative products that provide a solution for our customers. Chicago provides us with a great opportunity to grow our business and find the best and most talented employees.”
Today’s announcement was made while Mayor Emanuel was in Dublin, Ireland. iam bank was founded by Travers, an Irish entrepreneur who has worked in the FinTech industry for more than 20 years. He decided to build iam bank because of his dissatisfaction with the traditional banking system. His objective is for iam to provide a transparent and relevant solution for its members and evolve with them on their journey, giving them the tools and education that they need to be better with their finances.