SoFi Technologies to Expand Presence in Charlotte, Creating 225 Jobs
Published on October 21, 2025
CHARLOTTE, N.C. (Oct. 21, 2025) – SoFi Technologies, a digital services company, will establish a regional hub in Charlotte, creating 225 new jobs.
This $3 million capital investment will greatly expand SoFi’s regional presence in Charlotte.
“SoFi is proud to have been part of the Charlotte-Mecklenburg community since 2023. The region's energy, talent and quality of life make it a natural fit, and we’re excited to expand our footprint here,” said Eric Schuppenhauer, Interim President, SoFi Bank, and EVP, Group Business Unit Leader for Borrow. “As we expand, we remain focused on growing alongside the community and investing in great people, while delivering on our mission to help more people get their money right and reach financial independence.”
The hub will be in Charlotte’s Ballantyne submarket, one of the city’s fastest-growing neighborhoods.
New positions include loan officers, loan processors, underwriters, chief experience analysts, and sales and management teams with an average annual salary of $107,000, above the MSA average. Notably, several new positions do not require a four-year degree, opening doors for workers with diverse educational backgrounds to launch a career in the city’s fast-growing financial services sector.
“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. "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.”
The Charlotte region boasts more than 104,000 workers in the financial services sector.
“As our community continues to grow, we welcome the expansion of SoFi Technologies in alignment with our values and vision for economic growth anchored in greater investments in our local talent,” said Mecklenburg Board of County Commissioners Chair Mark Jerrell. “The company’s decision to grow here is an endorsement of what sets our community apart, and of the strong collaboration between Mecklenburg County, the City of Charlotte, and our partners across the state.”
San Francisco-based SoFi Technologies is a one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. The company has over 11.7 million members. Fintechs, financial institutions and brands use SoFi’s technology platform Galileo to build and manage innovative financial solutions across 160 million global accounts.
In 2024, the company committed $3 million in contributions focused on affordable housing, and 54% of its workforce participated in its annual volunteering initiative, serving over 3,000 hours.
“North Carolina attracts the world’s top financial services companies with a deep pool of skilled workers that can meet the unique needs of companies like SoFi Technologies,” said Governor Josh Stein, who first announced the expansion. “Charlotte is the no. 2 banking center in the nation, and I’m pleased to see more growth in one of North Carolina’s flagship industries.”
The City of Charlotte and Mecklenburg County partnered with the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina and the North Carolina General Assembly on the project.
During the past 12 months, the City of Charlotte and Mecklenburg County have collaborated on several economic development projects to support relocations and expansions, including Citigroup, RXO and Daimler Trucks Financial Services. These efforts have created more than 2,000 new jobs and $203 million in capital investment in the city.