Outside of New York, Charlotte makes a strong case for itself as a premier fintech and financial hub. The city is home to numerous consumer and investment banks and even more fintech firms that are enhancing traditional financial services offerings with tech like AI and blockchain. Moreover, the sector shows little sign of slowing with a bevy of local investment firms and accelerators ready to grow the next unicorn.
Below are some of the top fintech companies in Charlotte to know.
Top Fintech Companies in Charlotte
- DebtBook
- LendingTree
- AvidXchange
- Payzer
- Ally Financial
- Synchrony
- Varo Bank
Top Fintech Companies in Charlotte
LendingTree is one of the largest digital platforms for financial products. Founded in 1996, the company connects individuals with personal loans, credit cards, insurance solutions and home mortgage options after they fill out a quick questionnaire. Additionally, LendingTree offers ongoing credit monitoring services and easy-to-use payment calculators. LendingTree can also connect business owners with a variety of funding solutions.
Indecomm is a global SaaS company providing mortgage software solutions. It combines automation and banking expertise to deliver a platform designed to help mortgage providers and insurers streamline management of the loan lifecycle.
Aiwyn is an AI startup helping accounting firms manage their financial operations. The platform speeds up invoice generation and collections and also provides digital payment solutions. Aiwyn was founded in 2020 and is one of the few Charlotte-based technology companies to close a funding round north of $100 million.
AvidXchange develops accounts payable automation software. For example, its software can automate B2B purchase orders, invoices and payments. With several integrations, AvidXchange’s technology can also connect to other platforms and drive efficiency and visibility across the accounting process.
Ally was founded in the early 20th century and is one of the largest online banks. Besides standard consumer banking products, it’s also among the major vehicle financing and leasing originators in the United States. Although Ally is headquartered in Detroit, it has a corporate center based in Charlotte.
Varo Bank is an American neobank that's FDIC insured and has services similar to those of traditional banks. It provides checking, savings and credit card solutions and prioritizes fee transparency. Additionally, Varo offers tools for filing taxes and monitoring credit scores. It’s headquartered in San Francisco but expanded to Charlotte in 2021.
While Payzer is a comprehensive operational platform for HVAC systems, it is popular for its fintech solutions. Its platform, which runs on mobile devices, can be used to create worksite proposals and estimates in a few clicks. It additionally comes with payments capabilities, enabling technicians to accept payments via text, email link or card reader.
Synchrony is a financial services company providing consumer and business banking solutions. The company is headquartered in Stamford, Connecticut, but has had a local presence in Charlotte since 1979. According to the company, it employs over 400 locals and houses sales, marketing, IT, risk and compliance teams in Charlotte.
Finzly provides banking-as-a-service, or BaaS, solutions. Through its platform, financial institutions can easily develop and integrate banking features like multi-currency accounts, cross-border payments and FedNow transfers into their digital banking platforms. According to Finzly, community banks and credit unions use its tech solutions.
DebtBook is a Charlotte-based software development company focused on building treasury and accounting tools. Its products include debt, cash, lease and subscription management solutions, which are used by finance teams across governmental agencies, healthcare groups and nonprofit organizations.
