SoFi Technologies, a leading digital financial services company, just announced plans to establish regional east-coast hub right here in Ballantyne, creating 225 high-paying jobs and investing $3 million into our city.
The new roles include loan officers, processors, underwriters, analysts, and managers, with an average salary of $107,000, well above the regional average.
“We are thrilled that SoFi Technologies — recognized globally for its innovation and commitment to social impact — has chosen to expand its presence in Charlotte,” said Charlotte Mayor Vi Lyles in a press release. “As the nation’s second-largest financial hub, Charlotte offers not only the skilled talent and strategic advantages to fuel their growth, but also a community that values inclusive prosperity. SoFi’s deep investment in affordable housing, K-12 education and bridging the generational wealth gap reflects the kind of corporate citizenship we welcome in our city.”
Headquartered in San Francisco, SoFi serves more than 11.7 million members and supports over 160 million global financial accounts through its Galileo technology platform. The company provides a full suite of digital banking and lending tools designed to help customers achieve financial independence.
SoFi also maintains a strong record of community involvement, contributing $3 million toward affordable housing in 2024 and logging 3,000 volunteer hours.
The project is a joint effort between the City of Charlotte, Mecklenburg County, and state economic partners. Officials say SoFi’s expansion reinforces Charlotte’s growing status as a national leader in financial technology.
In the past year alone, major expansions from Citigroup, RXO, and Daimler Truck Financial Services have created over 2,000 new jobs and $203 million in local investment.
