{"id":241470,"date":"2025-10-21T17:07:08","date_gmt":"2025-10-21T17:07:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/241470\/"},"modified":"2025-10-21T17:07:08","modified_gmt":"2025-10-21T17:07:08","slug":"sofi-picks-charlotte-for-expansion-adding-225-jobs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/241470\/","title":{"rendered":"SoFi picks Charlotte for expansion, adding 225 jobs"},"content":{"rendered":"<p>San Francisco-based <a href=\"https:\/\/www.sofi.com\/?_gl=1*1fu8dd9*_up*MQ..*_gs*MQ..&amp;gclid=CjwKCAjw3tzHBhBREiwAlMJoUslQ99uSMHr44dfjfnGmYHFkV38ToJNkw2x7mq4jVTAt2CmCNrkzVxoCpdAQAvD_BwE&amp;gclsrc=aw.ds&amp;gbraid=0AAAAADlA3c1CNNXu9yxEb0TNX8rONTKKQ\" rel=\"nofollow noopener\" target=\"_blank\">SoFi<\/a>\u00a0plans to expand its East Coast presence with an office in Charlotte, where it plans to add 225 jobs by 2030.<\/p>\n<p>The 225 jobs would pay an average wage of $108,436, almost 25% higher than Mecklenburg County\u2019s current average wage of $86,830. The workers would be involved in global operations, risk management and mortgage equity management.<\/p>\n<p>The mostly online and mobile-based bank will also invest $3 million in making the move. SoFi employs about 2,800 workers in 14 U.S. locations, and also has a presence in Hong Kong, Latin America and Switzerland.<\/p>\n<p>The state\u2019s Economic Investment Committee, which is part of the N.C. Department of Commerce, on Tuesday approved a Job Development Investment Grant totaling about $2.3 million, including $500,000 worth of workforce training. Mecklenburg County and the city of Charlotte will add local incentives totaling about $80,000. Those incentives will be paid out over a period of 12 years if SoFi hits investment and job creation targets.<\/p>\n<p>It was not stated where SoFi plans to locate, and company officials did not immediately respond to a request for comment. However, the economic development grant includes a provision for SoFi to retain approximately 130 employees it already has in the state.<\/p>\n<p>SoFi chose Charlotte after narrowing down its choices to cities including Jacksonville, Florida, and Frisco, Texas, a suburb of Dallas. Factors in that decision were the economic incentives package, available labor and geography, according to the state.<\/p>\n<p><a class=\"m-a-box-avatar-url\" href=\"https:\/\/businessnc.com\/author\/kellis\/\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"avatar pp-user-avatar avatar-100 photo \" height=\"100\" width=\"100\" data-lazy-src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/10\/KevinEllis_Terrence-Jones-Photography-100x100.jpg\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"San Francisco-based SoFi\u00a0plans to expand its East Coast presence with an office in Charlotte, where it plans to&hellip;\n","protected":false},"author":2,"featured_media":241471,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4,450,451,3,452,453],"class_list":{"0":"post-241470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news","8":"tag-breaking-news","9":"tag-breakingnews","10":"tag-headlines","11":"tag-news","12":"tag-top-stories","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/241470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=241470"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/241470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/241471"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=241470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=241470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=241470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}