Global clearing and transaction banking startup The Bank of London is set to establish its Global Platform & Services headquarters in Charlotte, North Carolina, creating 350 new jobs by 2026.
The new roles will encompass areas such as software development, compliance and risk management, technology operations, infrastructure engineering, and business operations. The Bank of London has secured an 11-year lease for a 40,000 square foot office space in One Independence Center, located at the dynamic intersection of Trade and Tryon in Charlotte’s Central Business District.
Founded by Anthony Watson, a former chief information officer at Nike and Barclays, The Bank of London aims to challenge traditional banks in clearing and settlement, provide transaction banking services to the corporate sector, and offer banking-as-a-service solutions for companies looking to integrate payments into their products.
Jim Ditmore, co-president and group operating officer of The Bank of London, stated, “The Bank of London has truly game-changing and patented technology that will power the borderless economy of the future. We will be continuing to invest heavily in our technology offering for clients and have chosen Charlotte as a key location to drive our agenda forward, supported by the city’s unique blend of banking talent, technologists, and financial business leaders.”
This new office complements the company’s existing hubs in London, Belfast, and New York.