RALEIGH – FreshBooks, a fast-growing fintech entrepreneuruial company based in Canada and backed by banking giant JPMorgan Chase, is opening its first office in the US with HQ Raleigh serving as its host.
The company, which focuses on accounting software and says it is the No. 2 player in that field among small businesses, mulled expansion to several cities before settling on the Triangle region.
“We considered a number of cities for our first U.S. office, but Raleigh and the Research Triangle area were the clear winner due to the region’s strong talent and mature IT and tech community,” said Scott Clugston, Senior Director of Sales at FreshBooks, in a statement. “We’re eager to put down roots in Raleigh and to help more of America’s small business owners grow and succeed.”