03 Oct 2022

Charlotte ranks among top 10 best fintech ecosystems in the world

Charlotte ranked No. 9 in the world for its startup fintech ecosystem, according to the Global Startup Ecosystem Report, Fintech Edition.

The report, released last week, placed Charlotte among the top ten best ecosystems for financial technology startups in regions around the world that have populations under 3 million.

Charlotte’s ecosystem scored well for its performance, earning a perfect score of 10, according to the analysis conducted by Startup Genome, the author of the report. The region was also strong in categories that measured focus and legacy, with scores of 8.

Salt Lake-Provo, Utah, and Austin, Texas, ranked No. 6 and No. 4 respectively. 

The report found Charlotte should continue looking for ways to improve its startup experience, funding ecosystem, and knowledge base.

Meanwhile, industry leaders say the Charlotte Region is emerging as an innovation incubator.

For Kimberly Moore-Wright, chief teammate officer and head of enterprise diversity at Truist, a key selling point for her team is how financial technology is leading the shifting banking ecosystem in the Charlotte Region.

“People think about Charlotte as this huge financial and banking sector, and it is. But Charlotte is really becoming an innovation incubator and fueling unprecedented growth and opportunity in the innovation space, and that includes FinTech,” she said. “As we’re engaging talent, we’re also showcasing all that the Charlotte Region has to offer in terms of quality of life and rich experiences outside of Truist.”

To read more about how the Charlotte Region is becoming a major player in attracting talent, click here.

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