The company could bring on 15 employees, an official says.
WILMINGTON — A software development firm has opened in Wilmington, hoping to tap into the region’s growing fintech hub and other industries.
PS Solutions, an Altoona, Pennsylvania-based firm, is operating out of the University of North Carolina Wilmington’s Center for Innovation and Entrepreneurship. This is the first PS Solutions location outside of Pennsylvania, where it also has an office in Pittsburgh.
Managing partner Wayne Hippo said the company develops software solutions for a variety of clients, from mid-size landscaping businesses to convenience store chains to national healthcare and corrections companies. He anticipates PS Solutions having its own Wilmington space and about 15 employees within the year.
“We’re pretty excited about it; it’s certainly the type of community we have been looking for,” he said. “Wilmington seems to be a growing community, willing to take on a lot of tech development.”
In addition to IT support, PS Solutions can develop software and provide programming to clients. Hippo said many of PS’s clients have been fintech — or financial technology — companies, an industry that’s growing roots in Wilmington through companies like nCino and the
recently opened Apiture.
Live Oak Bank is building space at its Wilmington campus
that will house future fintech companies doing business with the bank.
Hippo said the presence of those and other tech companies helped draw PS Solutions to the Port City. Rather than locating in the Reasearch Triangle or Charlotte, Hippo said PS was looking for a North Carolina home that would offer future employees an attractive lifestyle.
“Not everyone wants to be in the heart of the big development areas,” he said. “There’s plenty of talent out there that thinks, ‘maybe there’s a better way of life’.”
PS plans to do business with clients throughout the Carolinas, and Hippo said the company is excited to keep tech talent in the Wilmington area.
“I think we’re really pleased at the reception so far, and we’re looking forward to a long-term partnership,” he said.