In May TAG FinTech released a new edition of its popular State of Georgia's FinTech Ecosystem report. Today, this dynamic ecosystem encompasses more than 120 FinTech organizations ranging from payment processors to data analytics providers to accounts receivable financing firms.
- More than 38,000 FinTech specialists drive Georgia's FinTech ecosystem
- The top 20 Georgia-based FinTech companies generate an estimated $72B in annual revenue
- Roughly two-thirds of US card payment tranactions are processed by Georgia-based companies
The TAG FinTech Innovation Award
Did You Know that...
- Top Georgia FinTech companies generate annual revenues of more than $72 billion?
- Roughly 120 FinTech companies are headquartered or have significant presence in Georgia?
(Click here to view an interactive map of Georgia's FinTech companies)
- Six of the ten largest US payment processing firms are Georgia-based?
- Georgia FinTech organizations employ more than 38,000 professionals in the state and over 130,000 globally?
- Roughly two-thirds of all credit card swipes, debit card payments and gift care purchases in the U.S. go through Georgia based companies, earning Georgia the nickname Transaction Aley
Atlanta, along with the surrounding areas of Georgia, has evolved to become the epicenter of a growing segment of the financial services industry – a sector often known as Financial Technologies or FinTech. This sector encompasses the product and service companies that support the technology needs of the financial services industry and, ultimately, the payment-processing infrastructure of the economy.
TAG FinTech was formed in early 2010 to support the specific needs of companies, individuals and investors serving the financial industry both domestically and abroad.
TAG FinTech's mission is to build recognition of Georgia as the hub of choice for the world's leading financial technology providers (a counterpart to Silicon Valley for technology or Hartford for insurance) with the goal of accelerating the accumulation of capital by its members.
We will accomplish this by fostering a business environment conducive to the ongoing success of the community's companies, employees, service providers, educational institutions, entrepreneurs and investors, helping them create, build, and maintain innovative financial services that meet their customers' growing needs.
To continue expanding the hub, TAG FinTech will empower a collaborative culture that attracts and retains innovation, jobs, partnerships, and capital, and where successful entrepreneurs can reinvest in the local ecosystem to help sustain the space.
The TAG FinTech Society is a group of professionals representing a broad range of financial technologies as well as a variety of roles within the industry, including executive management, solution specialists, sales and marketing, industry entrepreneurs and venture capitalists. We also encourage participation of partners and other investors from the FinTech Community. Benefits for each of the audiences are as follows:
Companies/Executive Management/Corporate Sponsors
Financial technology companies with employees, contractors and/or partners in Georgia recognize the wealth of talent, innovation and extensive financial industry network in the state. The favorable business climate and lifestyle for employees are major reasons for doing business in the state. TAG FinTech is the only professional organization serving the needs of financial technology businesses in Georgia. As such, TAG FinTech provides a unique forum for executives, rising stars and supporting companies to discuss the evolving landscape and issues impacting financial institutions.
TAG FinTech society is highly focused on serving the needs of individuals who work with technologies, information or other services supporting the financial industry. The organization provides individuals with valuable networking, career development and educational opportunities geared toward their profession and industry.
As a leading technology state, Georgia has a vibrant financial technology or FinTech community. TAG FinTech is an organization, which provides investors with unequaled access to people and companies shaping the financial industry. The favorable business climate and workforce talent is why companies move or expand operations in Georgia and why others secure funding for innovative new ventures.
For more information about TAG FinTech, please contact Rebecca Markusson at firstname.lastname@example.org.