Fintech startup chooses Charlotte for new office

City of Charlotte
Sep 17 · 2 min read

Company expects to hire 1,000 people within five years

Digital mortgage lender is the latest tech company to look to Charlotte for talent.

The fintech company announced Monday, Sept. 16, 2019, that it has opened an office at WeWork’s coworking space at The RailYard in South End. expects to hire 100 employees by the end of 2019, and 1,000 employees within the next five years.

Earlier this year, Ally Financial announced a partnership with which served as the impetus for to open offices in Charlotte. This partnership combined the capabilities of Ally Home, the company’s direct to consumer mortgage business, with the digital platform of to help create an end-to-end digital origination and funding process. The new Charlotte office will serve as the home base for Ally Home and’s loan officers. Founder & CEO announcing the company's plan to hire 1,000 employees over the next five years in Charlotte.

“Opening a new office in Charlotte will help us tap into the city’s incredibly talented workforce,” said Vishal Garg, CEO and founder of “As a rapidly growing startup, we see an entrepreneurial hunger and spirit in the city of Charlotte that is akin to what we used to see in places like downtown Manhattan in the 1980s and Silicon Valley in the 1990s. We’re thrilled to have chosen Charlotte as we enter the next stage of our company’s growth.” joins Lowe’s, Honeywell, BB&T and SunTrust, and many other companies expanding in Charlotte as the city experiences rapid growth and offers a business-friendly environment. The second-largest financial services center in the world, with a burgeoning talent pool and high quality of life, Charlotte has become a top destination for fintech companies looking to launch or expand in this exciting sector.

Charlotte City Council members, media and guests attend the expansion announcement.

“Charlotte is a city built on innovation and commerce, with a strong educational foundation that provides optimal opportunities for fintech startups like,” said Mayor Vi Lyles. “We welcome and thank them for helping us to grow into the technology-based city we want to be.”

This project was a collaborative effort between the City of Charlotte, Ally Financial and Carolina FinTech Hub.

Job seekers can go to and register to receive updates on positions as they become available.

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