Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee

Share

 

Posted May 26, 2021

 

The fintech company Credit Karma is expanding in Charlotte with its new East Coast headquarters, spending $13 million and adding 600 jobs in the next five years, local and state officials announced Tuesday.

Credit Karma opened an East Coast office five years ago in Charlotte. Another fintech firm, stock trading app Robinhood said in March it plans to invest $11.7 million to open an office in Charlotte.

Credit Karma will receive more than $22 million in incentives from the city and state. The state Economic Investment Committee awarded Credit Karma up to $21 million in state incentives over a 12-year period. The city offered $186,000 in incentives to the personal finance company.

This new project will lift the economy by $2.6 billion a year, North Carolina Gov. Roy Cooper said Tuesday during a city of Charlotte Economic Development press conference. “We are here to celebrate another big economic win for the Charlotte area and the entire state of North Carolina,” Cooper said.

Jobs with Credit Karma include software engineering, project management, data and other technical roles. Minimum pay for the jobs is $156,000, Cooper said. Mecklenburg County’s overall average annual wage is $71,689.


TO READ THE FULL STORY

buttonsubscribe   buttonsignin

 

WHY?

Only B2BAmericanSoutheast.com members have access to curated Southeast news for technology, fintech, growth and exporting specifically for the 27 major cities in the regional states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. It’s about the executives and the decisions that result in the business activities that make the American Southeast the strong economic powerhouse – even stronger. Subscribe now!

 


 

Terms of Service Privacy Policy Site Map
Copyright @ 2021 Globalspeak, All Rights Reserved