Ecosystem Resources

FinTech is one of Georgia’s fastest-growing industries and extends far beyond our recognized strength in payments. Our ecosystem is heavily invested in other sub-clusters, including blockchain, financial markets, InsureTech and reinsurance, credit and risk, loyalty and affinity programs, wealth management, and more. To support this thriving ecosystem, we have a wealth of resources designed to help everyone from students to startups to mature FinTechs.

 

 

FinTech Atlatna
ATDC

Advanced Technology Development Center (ATDC)

The Advanced Technology Development Center (ATDC) at Georgia Tech is Georgia’s technology incubator. Founded in 1980, ATDC has developed a global reputation for fostering technological entrepreneurship. Forbes named ATDC to its list of “Incubators Changing the World” in 2010 and 2013, alongside Y Combinator and the Palo Alto Research Center.

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AltFinance

AltFinance Initiative with Clark Atlanta University, Morehouse College, and Spellman College

Developed and implemented in partnership with MLT, the AltFinance Fellowship provides students from partner HBCUs (Clark Atlanta University, Howard University, Morehouse College, and Spelman College) intensive preparation, mentorship and guidance for breaking into alternatives.

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Atlanta Blockchain Center

Atlanta Blockchain Center

The catalyst for Atlanta’s emergence as the premier blockchain innovation hub globally through cultivating entrepreneurship, inclusivity and education.

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Atlanta Tech Village

Atlanta Tech Village

Today, the Atlanta Tech Village is a community of innovation powered by the 4th largest tech space in the U.S. and deep connections to Atlanta’s business and investment community. Together, we aim to create 10,000 jobs and fuel Atlanta’s rise to a top-five tech-startup center in the U.S.

With unmatched mentorship and working space, The Village supports and inspires entrepreneurs to achieve success through a community that promotes faster connections between talent, ideas and capital.

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Curiosity Lab at Peachtree Corners

Curiosity Lab at Peachtree Corners

An economic development initiative by the City of Peachtree Corners, our lab is a living laboratory for startups and established companies to deploy and prove out developing technologies in a real world testing environment with no roadblocks, joined by the next generation of intelligent mobility and smart city technology. Located in the 500-acre Technology Park and publicly funded and owned by City of Peachtree Corners, you and your company will join the City of Peachtree Corners in further developing the premiere smart city ecosystem in the country and the breadth of technology companies who have chosen to name Peachtree Corners home.

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Georgia

Georgia Department of Education’s High School FinTech Career Pathway

The Georgia Department of Education and the University System of Georgia have partnered to create a high-school Career Pathway focused on financial technology (FinTech), which aligns to USG’s associates-level FinTech degree program.

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Georgia FinTech Academy

Georgia FinTech Academy

Founded in 2019, the Georgia Fintech Academy is a first of its kind diversity talent development initiative for the fintech industry. Students from across the University System of Georgia participate in classes, events, and projects to prepare for jobs in the fintech industry. Today 23 institutions including Georgia State University, Kennesaw State University, and University of Georgia participate in the program every semester.

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Georgia State University

Georgia State FinTech Conference

The Department of Finance at the Robinson College of Business, the Georgia FinTech Academy, and Review of Financial Studies jointly host an annual Georgia State FinTech Conference.

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Georgia State University

Georgia State University Fintech Innovation, Graduate Certificate

The Robinson College of Business’ new FinTech Lab provides an applied, experiential environment in which students, faculty and corporate partners can experiment with the technologies transforming financial services, insurance and real estate. Data analytics, machine learning and blockchain technologies are central components of the lab. Collaborators will use these tools to develop smart contracts, smart markets and automated trading strategies, and then study their potential to positively impact the provision of financial services to businesses and consumers.

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Georgia Tech FinTech Lab

Georgia Tech Fintech Lab

Georgia Tech’s Financial Services Innovation Lab is located in the heart of the Technology Square Innovation ecosystem. The FinTech lab aims to be a hub for finance education, research and industry in the Southeast. The lab acts as a platform to connect and bring together faculty and students across Georgia Tech with the financial services industry and FinTech entrepreneurs.

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Georgia Tech’s FinTechU

As a collaboration between Georgia’s fintech industry and the University System of Georgia, Georgia Tech Professional Education (GTPE) is designing and developing FinTechU, a FinTech education program aimed at providing the required training to enter and be successful in the FinTech sector.

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Junior Achievement

Junior Achievement Finance Park

JA Finance Park allows 7th and/or 8th grade students the opportunity to manage a household budget and learn about personal finance. After in-class lessons on subjects like budgeting and credit scores, students are assigned a random ‘life situation’ with an education level, salary, and family scenario. They visit storefronts representing the major line items in a budget – housing, utilities, food, etc. – and work towards providing for themselves and their families within their assigned means.

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Kennesaw State University

Kennesaw State University Fintech Program

Kennesaw State University is a proud partner of the Georgia FinTech Academy, an online talent development platform developed through collaboration with the University System of Georgia and Georgia’s FinTech industry leaders. Courses and programs developed through the FinTech Academy allow learners to access the specialized educational experiences necessary to enter the FinTech sector regardless of geographic location.

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Mercer University

Mercer’s Fintech Certificate

Mercer’s FinTech certificate program teaches individuals how to leverage artificial intelligence to drive innovation by combining data, technology, design, and people to solve problems, while being armed with the latest information on regulations and compliance.

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UGA Terry College of Business

The University of Georgia FinTech Certificate

Georgia’s Financial Transactions industry is growing. This certificate provides students with educational opportunities and access to the high-demand career field of FinTech. It includes topics in information systems, business processes management, information security management, and legal issues relevant to the financial services industry.

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UGA Terry College of Business

The University of Georgia Full Time MBA Fintech Focus

The Georgia Full-Time MBA program’s area of focus in FinTech enables students to acquire the necessary academic content within a project-based learning environment to start their professional careers in this fast-growing industry.

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University of West Georgia

University of West Georgia FinTech Courses

UWG students with an interest in Financial Technology (FinTech) can learn more about this industry by taking one of these introductory online FinTech courses as an elective.

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Recent Announcements

10.23.2024

Venture capitalists pour nearly $350 million into Georgia businesses in third quarter

Venture capital investors poured about $349 million into businesses in Georgia this past quarter, a 33% increase from the second quarter, according to data from PitchBook.

There were 39 deals in the third quarter, five fewer than in the previous quarter.

Both VC investment and the number of deals last quarter were smaller compared with the third quarter of last year, which had over $543 million in investment and 51 deals.

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10.01.2024

KSU’s fintech master’s program empowers graduates to lead in digital finance

Since graduating in the spring, the first cohort of students in Kennesaw State University’s Master of Science in Digital Financial Technologies program have been thriving in Atlanta’s rapidly growing fintech sector. As Georgia’s first graduate fintech degree, the online program has opened doors for students seeking career advancement in the digital payments industry.

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10.02.2024

Fintech Startup Infinite Giving Secures $2M in Seed Funding

Ahead of taking the Venture Atlanta stage next week, local nonprofit-focused fintech startup Infinite Giving announced it has brought on a new group of investors.

The startup just closed a $2 million seed round led by Cubit Capital, Morgan Stanley, and Atlanta Ventures. It also announced it will be participating in Morgan Stanley’s Inclusive Ventures Lab, an in-house startup accelerator run by the financial giant, and has added Jay Love, Founder of Bloomerang and a nonprofit veteran with 30-plus years of industry experience, to the startup’s board.

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10.03.2024

British fintech Stenn reaches across the pond to Atlanta for U.S. HQ

Stenn, a London-based financial technology company, opened its first headquarters outside of England last week in Midtown’s Colony Square.

The office will serve as Stenn’s American headquarters as it looks to expand its footprint in the U.S. Stennfounded in 2015, lends money to finance short-term gaps for e-commerce and international trade businesses. The company has clients in more than 75 countries, particularly in Asia and India.

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09.26.2024

Visa to Acquire Featurespace

Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The acquisition of Featurespace will complement and strengthen Visa’s portfolio of fraud detection and risk-scoring solutions used by clients around the world to grow and protect their businesses.

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06.26.2024

Fast-Growing Atlanta Fintech Lands New Bay Area Investor For $20 Million Series A

Rainforest is making a strong case that it is Atlanta’s fintech startup to watch.

Since getting an infusion of seed capital last October, the team has grown its payment volume by 17x. It found a sweet spot serving mid-market customers, which other major players in the embedded payments world like Stripe left behind.

Now, it is one of only a handful of fintechs in the city to raise a Series A funding round over the last two years.

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04.24.2024

Relay Payments expands fintech product line for trucking industry

Relay Payments Inc., an Atlanta-based fintech company focused on the trucking industry, is expanding its product line.

The company now allows customers to pay for weighing their trucks with their Relay accounts in the Weigh My Truck App from CAT Scale.

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04.04.2024

PrizePicks confirms new $25M HQ, 1,000-job expansion

Daily fantasy sports company PrizePicks will invest $25 million into its new Atlanta headquarters, Georgia Gov. Brian Kemp announced Thursday.

PrizePicks is leasing 33,000 square feet at Star Metals Offices, a more than $300 million development in West Midtown. Atlanta Business Chronicle first reported the expansion last month. PrizePicks is leaving a smaller workspace at Midtown’s Promenade Tower.

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03.07.2024

FLEETCOR Announces Rebranding to Corpay

FLEETCOR Technologies, Inc. (NYSE: FLT) (“the Company”) a leading global payments company, announced today its plans to rebrand the Company to Corpay. The name change better reflects the Company’s current portfolio of corporate payment solutions. This name change will take effect on March 25, 2024 when the Company’s stock begins trading on the New York Stock Exchange under the new ticker symbol CPAY.

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03.06.2024

Carputty Secures $80M In New Funds to Accelerate Growth

Carputty, a leading fintech company revolutionizing auto financing and ownership, is thrilled to announce the successful closure of a $75 million warehouse/financing facility with Silicon Valley Bank (SVB) with an additional equity investment of $5M. This milestone SVB agreement, replacing the former $20 million facility, marks a significant leap forward in Carputty’s expansion strategy and ability to meet burgeoning market demand.

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02.14.2024

ICBA Opens Center for Innovation in Atlanta

The Independent Community Bankers of America® (ICBA) today announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.

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02.01.2024

FIS Completes Sale of Majority Stake of Worldpay to GTCR

FIS® (NYSE: FIS), a global leader in financial technology, today announced the completion of the previously announced sale of a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR in a transaction valuing the business at an enterprise value of $18.5 billion, including $1 billion of consideration contingent on the returns realized by GTCR exceeding certain thresholds.

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01.23.2024

Worldpay from FIS collaborates with Liberis to provide personalised revenue-based finance to small businesses

Liberis, a leader in embedded business finance solutions, announced a two-year extension of its strategic collaboration with Worldpay, a global leader in e-commerce and payment processing technology and solutions.  Worldpay Working Capital (in the US) and Worldpay Business Finance (in the UK) empowers small and medium-sized enterprises (SMEs) by providing easy access to personalised, revenue-based finance options[2].

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10.16.2023

NCR Voyix Corporation Announces Completion of Spin-off of NCR Atleos Corporation

ATLANTA–(BUSINESS WIRE)–Oct. 16, 2023– NCR Voyix Corporation (previously known as NCR Corporation) (NYSE: VYX) (“Voyix”) today announced that it has completed the separation of its ATM-focused business, including its self-service banking, payments & network, and telecommunications and technology businesses. The spin-off was effected through a pro rata distribution of all outstanding shares of NCR Atleos Corporation (“Atleos”) common stock to holders of Voyix’s common stock and is intended to qualify as a tax-free distribution (except with respect to any cash received in lieu of fractional shares) for federal income tax purposes.

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10.04.2023

Embedded Payments Startup Rainforest Secures $11.75M Seed Round

ATLANTAOct. 4, 2023 /PRNewswire-PRWeb/ — Rainforest, a Payments-as-a-Service (PaaS) platform, today announced the closing of an $11.75 million seed funding round led by Accel, with participation from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners and a number of strategic angels. The round includes a $3.25 million venture debt facility from Silicon Valley Bank (SVB), a division of First Citizens Bank.

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09.06.2023

Momnt Raises $15 Million to Grow Lending and Financing Platform

Atlanta-based FinTech company Momnt has raised $15 million to grow its lending and financing platform.

Since its launch in 2020, Momnt has expanded its presence in the point-of-sale (POS) financing sector, beginning in the home improvement industry and then expanding into other verticals, the company said in a Wednesday (Sept. 6) press release.

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08.15.2023

Splitit Secures $50 Million Investment From Motive Partners

Installments-as-a-service platform provider Splitit has secured an investment of $50 million from private equity firm Motive Partners.

This commitment is composed of two tranches of $25 million in exchange for the issuance of new preference shares, Splitit said in a press release.

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06.12.2023

Sage reaffirms commitment to Atlanta by investing in new North America HQ at Ponce City Market

Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs) has announced its upcoming office relocation from its current offices in Atlantic Station to the vibrant and prestigious 619 Ponce, a new mass timber loft building at Jamestown‘s Ponce City Market in Atlanta’s Old Fourth Ward neighborhood. Scheduled to take place in the fall of 2024, this move represents Sage’s unwavering dedication and commitment to the thriving metropolis of Atlanta, as well as its determination to contribute to the city’s bustling economy.

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05.11.2023

Mastercard seeks to open Atlanta office

Financial services giant Mastercard Inc. plans to open office space in Atlanta as corporations slow office expansions or cease them altogether.

Mastercard (NYSE: MA)is seeking around 15,000 square feet of sublease space at Ponce City Market, according to city permit filings and sources with knowledge of the market. With this size, Mastercard’s offices could house around 75-100 employees.

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03.20.2023

TTV Capital closes its largest ever fund at $250m

TTV Capital, an early-stage FinTech venture capital firm, has closed its sixth fund at $250m to invest in early-stage FinTech companies.

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02.08.2023

Visa Opens New Atlanta Office With Plan to Hire About 700 Workers

Visa is opening a new office in Atlanta as the payments giant proceeds with plans to triple its workforce in the city even as rivals cut back on their staffing.

The company has almost doubled its presence in Atlanta in recent years, increasing employees in the Southeastern city to about 350.

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11.15.2022

Opn Enters U.S. Market with Acquisition of MerchantE, Creating a Leading Global Payment Solutions Company

Opn, the one-stop payments solutions company from Japan and Southeast Asia, announced that it has acquired MerchantE, a leading end-to-end digital commerce platform that provides payment processing and solutions to businesses of all sizes in the United States.

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08.04.2022

Splitit Shifts Global Headquarters to Atlanta

Founded in Israel, Splitit established its global headquarters in New York in early 2019, but chose to shift headquarters to Atlanta to better support the company’s new strategic direction.

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04.29.2022

Cash App to bring 100-plus jobs to Atlanta

Mobile money transfer and payment service Cash App has leased all 30,000 available square feet at The Mill, Coro Realty’s recently-completed transformation of the former Masquerade venue on North Avenue.

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03.15.2022

Capital One to add hundreds of Atlanta technology jobs

Capital One Financial Corp. is adding hundreds of jobs to Atlanta, making it the latest financial technology corporation to make a big bet on the city’s talent pool.

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