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Dan Gilbert Deflects Yahoo Question, Says Detroit Could Become Fintech Capital Of The World

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Dan Gilbert Deflects Yahoo Question, Says Detroit Could Become Fintech Capital Of The World

Dan Gilbert is the founder of Quicken Loans and his name has been thrown around as a potential suitor to acquire Yahoo! Inc. (NASDAQ: YHOO)'s Internet properties as part of a partnership with Warren Buffett.

Gilbert was quick to point out he can't publicly comment on his involvement with the bidding process for Yahoo's properties when he spoke at the Detroit Startup Week conference. However, he told local media that the city of Detroit "could become the fintech capital of the world."

The Detroit-born business leader added that his native city could become a leader with or without Yahoo. Detroit is also home to Quicken Loans' head office.

Related Link: Here Are Your 2016 Benzinga Fintech Award Winners

Detroit is also home to Benzinga's head office and has already demonstrated the ability to take a leadership role in fintech. Benzinga recently hosted its second annual Fintech Awards

Over 250 companies applied for the 18 awards handed out at the annual gala, which was attended by some of the largest and most recognized names in the financial industry.

 

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