Sioux Fall Business Puts South Dakota on the Map in Financial Technology


Monday, February 25, 2019

Sioux Falls, SD — Earlier today SourceMedia named Sioux Falls’ Expansion Capital Group (ECG) among the Best Places to Work in Financial Technology in 2019. Expansion Capital Group was selected out of hundreds of companies nationwide for its high-scoring workplace policies, practices, philosophy, systems, demographics, and survey of overall employee experience.

Headquartered in Sioux Falls, SD, ECG is a technology-enabled specialty lender that has provided approximately $350 million in working capital to small businesses throughout the United States. In 2018, ECG was named in the top 20% of the Fastest Growing Private Companies in America by Inc. 5000.  Additionally, ECG was the 2nd Fastest Growing Private Company in South Dakota.

Vincent Ney, CEO of Expansion Capital Group, said, “Putting people first is a founding philosophy of ECG. Over the years, we’ve intentionally established goals for growth and introspection to remain healthy, and set up unconventional perks and recreational time as part of our business strategy. This award recognizes every one of our hard-working employees’ commitments to bettering our workplace and furthering our mission.”

Tim Mages, CFO of Expansion Capital Group, said “At Expansion Capital Group, there is nothing more important than our people. We’ve worked hard to create an environment where talented, passionate people look forward to coming to work, and challenge ourselves to do better every day – both for our customers and our employees. That’s why we’re incredibly humbled to be named among SourceMedia’s Best Places in FinTech to Work in 2019. This accolade speaks to who we are as a business, day in and day out, and the company culture we’re proud to call home.”

SourceMedia’s Best Places to Work in Financial Technology award was created in 2017 and is a project of SourceMedia and Best Companies Group. The annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry nationwide. Companies recognized on this year’s list operate in and serve companies and consumers in a wide range of financial services, including banking and mortgages, insurance, payments and financial advisory.

The 2019 list included 50 companies and was published by SourceMedia brands American Banker, National Mortgage News, PaymentsSource, Financial Planning and Digital Insurance. For more information on SourceMedia’s Best Places to Work in Financial Technology program, visit


About Expansion Capital Group

Expansion Capital Group is headquartered in Sioux Falls, SD with an additional office in Wilmington, DE. Comparing 2017 to 2018, ECG has increased it origination volume by approximately forty percent while continuing to invest in its lead referral partnerships, technology platform, direct origination efforts, and its proprietary risk-based analytics modeling platform. As a technology – enabled specialty lender, Expansion Capital Group has provided approximately $350 million in working capital to small businesses throughout the United States since 2013. ECG was recently named the 802nd Fastest Growing Private Company in America and the 2nd Fastest in South Dakota by Inc. 5000.

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