SoFi to Add 225 Jobs in Charlotte as Part of Regional Expansion

Last updated Oct 21, 2025

SoFi Digital Finance Company Expands its Operations in Charlotte

Leading digital financing company, SoFi, will boost its operations in Charlotte, creating 225 job opportunities in the process. These new roles will include loan officers, loan processors, and several others.

Investment in Mecklenburg County

In an announcement made by North Carolina’s Governor Josh Stein, SoFi is set to invest $3 million in Mecklenburg County. This expansion includes the creation of 225 new positions such as loan officers, loan processors, underwriters, chief experience analysts, and sales and management teams. With an average salary of $108,436, these roles surpass the county’s current average private-sector wage of $86,830. Predictions indicate that SoFi’s expansion may result in an annual payroll impact exceeding $24 million.

Charlotte: A Thriving Financial Hub

“With a large pool of skilled workers, North Carolina continues to attract top financial services companies like SoFi Technologies,” commented Stein. He highlighted Charlotte’s standing as the nation’s second-largest banking center, expressing his anticipation for growth in one of North Carolina’s key industries.

About SoFi

Headquartered in San Francisco, SoFi is a digital finance giant, offering a comprehensive suite of personal finance solutions via a single app and serving over 11.7 million members. Since 2023, Charlotte has been pivotal to SoFi’s operations.

A Strong Community Presence

Interim president of SoFi Bank and executive vice president and group business unit leader for Borrow, Eric Schuppenhauer, said, “SoFi is proud to have been part of the Charlotte-Mecklenburg community since 2023. We are excited to expand our footprint in a region known for its energy, talent, and quality of life.”

Job Development Investment Grant for SoFi Bank

SoFi Bank National Association has also received approval for a Job Development Investment Grant from the state’s Economic Investment Committee. This 12-year grant could reimburse the company up to $1,862,250, provided it meets its job creation and investment goals.

Projected Economic Growth

The Department of Commerce expects SoFi’s project to boost the state’s economy by $928 million over the grant term, with a 189% return on investment. For every dollar of potential cost, the state is anticipated to receive $2.89 in revenue.

A Boost for Charlotte

“The expansion strengthens Charlotte’s position as the nation’s second-largest financial hub,” stated North Carolina Commerce Secretary Lee Lilley.

Collaborative Project

This project demonstrates successful collaboration between the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the General Assembly, Mecklenburg County, and the city of Charlotte.

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