Credit Karma to expand Charlotte operation with $13.25M investment, 600 new jobs

CHARLOTTE — West Coast personal finance company Credit Karma is growing again in Charlotte.

The fintech company, which opened an East Coast office here in late 2016, is expected to invest $13.25 million and add 600 new jobs in the Queen City by 2026.

The state economic investment committee, part of the N.C. Department of Commerce, voted on Tuesday morning to award Credit Karma up to $21 million in state incentives.

Locally, the city of Charlotte has offered $186,000 in incentives, say economic investment committee officials.

Credit Karma employs 189 people in Charlotte today. Its local office is in Ballantyne, where it leases about 30,000 square feet. Credit Karma executives said in February it expected to add 175 people in Charlotte in 2021.

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