A premier location for business and financial services, North Carolina is home to the 2nd largest banking center in the United States. Our top-ranked business climate, low cost of living and access to a highly educated workforce lay the perfect foundation for startups and industry stalwarts to achieve growth.
From fintech trailblazers like AvidXchange, LendingTree, nCINO, Payzer, and SentryOne, our state has become a nexus of growth and opportunity. By combining North Carolina’s exceptional talent with its spirit of innovation, local startups and financial giants alike have been at the forefront of innovation in the financial space.
At 2.5 percent, North Carolina has the lowest corporate income tax rate in the United States. In fact, North Carolina offers a low tax burden across the board. The state has the lowest total effective business tax rate in the nation according to a report published by Ernst & Young and the Council on State Taxation.
North Carolina boasts one of the most educated workforces in the U.S. Raleigh ranks No. 5 for large cities and Durham-Chapel Hill ranks No. 5 for medium-sized cities among the Most Educated Cities in America rankings. In addition, our 52 colleges and universities ensures our talent pipeline will always be full.
By developing big ideas and innovative products, AvidXchange has grown a 5-person startup to a 1,200+ person powerhouse in the fintech space. And they’re just getting started.
Click here to connect with our Business Development Team.
