2016 Invest Atlanta Annual Report

Transaction Alley
Photo Courtesy of Athena
The metro Atlanta region has become known as Transaction Alley, with 70 percent of the
nation’s financial transactions passing through Georgia-based software systems. The state of
Georgia is home to 90 FinTech companies, employing 30,000 people.
Through incentives, permitting assistance, and recruitment efforts, Invest Atlanta has played a
prominent role in building Atlanta’s flourishing FinTech community, now one of the largest in
the United States.
Global Payments is investing $18 million in a new 30-story headquarters in Atlanta’s Buckhead
community. The payment processor is among 90 financial technology companies in Georgia
and five that announced plans to either relocate or significantly expand their presence in the
city in 2016.
Equifax, the credit reporting and financial technology giant, is another FinTech company that is
expanding its Atlanta presence. Equifax is making a $17-million investment expansion into
offices at One Atlantic Center in Midtown, bringing 650 jobs into the city and creating an
economic impact of more than $75.8 million.
Other FinTech companies announcing plans to relocate or expand in Midtown and Downtown
Atlanta include NCR, Worldpay, and InComm. FinTech companies with a corporate
headquarters or a major presence in Georgia process more than $118 billion in transactions
each year supporting almost 4 million merchants.
“Georgia is the epicenter of the payments industry and a gateway for global
business. We believe the large concentration of high-tech talent and access to
transportation makes Atlanta the perfect headquarters location, and we are
delighted to expand our presence here.”
- David Mangum, Global Payments,
President and Chief Operating Officer
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