Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Georgia Tech (ATDC) to Get $1M Funding from Payment Service Company, Worldpay

by Dan Gray
August 21, 2015
in News
Home News
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Worldpay, an international payment service company has committed $1M for the fintech entrepreneur program at Georgia Tech’s Advanced Technology Development Centre. The company will fund a new accelerator at ATDC for the next three years, which will include hiring a FinTech expert to serve as an entrepreneur-in-residence to mentor start-ups. Worldpay executives will also mentor entrepreneurs at the center.

“As a statewide startup incubator, ATDC is always looking at the technologies that are of interest to entrepreneurs in Georgia, said ATDC Director Stephen Fleming. “Financial technology is important for us and the state because it’s a sector where Georgia is a leader.”

Worldpay US president and CEO Tony Catalfano commented- “To sustain our competitive advantage, we must continue to innovate and attract top talent, both key drivers behind this groundbreaking partnership.”

Operating in over 30 countries, Worldpay allows merchants to accept payments anywhere in the world, across any channel. The company offers services across the entire payments value chain, including transaction capturing, merchant acquiring and transaction processing. In 2014, it processed a total of 10.7 billion transactions. Worldpay employs over 4,700 people in markets throughout the US, Europe and Asia, and is owned by private equity firms Advent International and Bain Capital alongside management and employees.

“This gift from Worldpay will enhance the innovation ecosystem that is rapidly developing in Tech Square,” said Georgia Tech President G.P. “Bud” Peterson. “We are fulfilling our mission to create new products which will foster new companies and job opportunities for all of Georgia.”


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


Ranked one of the world’s top technology incubators and named a Top 12 Incubator ‘changing the World’ by Forbes in 2013, the ATDC graduates have collectively raised more than $2 billion in capital. In 2013, Select companies merited $50+ million in capital. Moreover, more than 70% of all US payments are processed in Georgia’s ‘Transaction Alley,’ and more than 60% of the industry’s companies are based in metro Atlanta, supporting more than 40,000 jobs in the state.

(image credit: Ryan Schreiber)

Tags: AcceleratorGeorgia techWorldpay

Related Posts

CarynAI is here to be your AI girlfriend

CarynAI is here to be your AI girlfriend

May 15, 2023
Meet PaLM 2, Google’s latest effort to get back to the AI race

Meet PaLM 2, Google’s latest effort to get back to the AI race

May 11, 2023
Kaiber AI makes creating stunning videos easier than ever

Kaiber AI makes creating stunning videos easier than ever

May 5, 2023
Godfather of AI leaves Google to talk about dangers of AI

Godfather of AI leaves Google to talk about dangers of AI

May 3, 2023
Elon Musk works on a ChatGPT competitor codenamed “TruthGPT”

Elon Musk works on a ChatGPT competitor codenamed “TruthGPT”

April 18, 2023
Hotpot AI offers an all-in-one solution for most of your AI tool needs

Hotpot AI offers an all-in-one solution for most of your AI tool needs

April 14, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Navigating the path to generative AI success across industries: A Grid Dynamics crawl-walk-run strategy

Boosting productivity and efficiency with workload automation

Claiming to be the most humane AI chatbot, Replika AI wants to be your empathetic pal

Meet Inflection AI Pi chatbot that earned acclaim from Bill Gates

Exploring the dynamic fusion of AI and the IoT

Photoshop AI generative fill: Check out Adobe’s latest AI feature

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.
x
x