Technology Association of Georgia
FOR IMMEDIATE RELEASE
Split Wins Second Annual TAG FinTech Innovation Award of $50,000
ATLANTA (February 15, 2016) – TAG FinTech, a financial technology industry special interest group of Technology Association of Georgia (TAG) announced that Split was chosen as the winner of the second annual TAG FinTech Innovation Award. Finalists presented their innovation at the TAG FinTech GA 2016 Symposium on February 4, 2016 which attracts hundreds of FinTech industry leaders from Georgia and across the country. Split received a $50,000 cash grant to help the company grow. The TAG FinTech Innovation Award was made possible by the collective efforts of American Transaction Processors Coalition (ATPC), ControlScan, Elavon, Equifax, Fiserv, Forsythe, Habif, Arogeti & Wynne, King & Spalding, Mondo, North Highland, Opus Consulting, Porter Keadle Moore, PwC, QTS, Sovereign Systems, Splunk, T5 Data Centers, TAG and TAG FinTech, TSYS, UK Trade & Investment and Worldpay.
“Congratulations to Split and all of the companies that participated in this program,” said TAG President/CEO Tino Mantella. “TAG continues to recognize and promote Georgia’s FinTech industry, and we are pleased to offer programs such as this that help strengthen its growth and success.”
“Once again we have brought our community together to stimulate and foster an environment of innovation in FinTech,” said Sean Banks, TAG FinTech chairman and partner at TTV Capital.
This was the second year of the Innovation Award program which targets startup businesses focused on delivering innovative technology solutions to the financial services market (FinTech) in Georgia. The grant is awarded to the startup that is judged to have the most innovative technology-based solution that can have a positive impact on the FinTech market.
Additionally, this year’s grant winner will also receive admission into the ATDC Accelerate program for six months free of charge. Current ATDC Accelerate or Educate companies will have fees waived for six months.
“Financial technology is an important and growing sector in Georgia and one of the reasons Georgia Tech’s Advanced Technology Development Center launched the ATDC FinTech program in 2015 with a $1 million gift we received from Worldpay US to create it,” said Michelangelo Ho, ATDC’s FinTech catalyst. “The level of interest we received from FinTech entrepreneurs for the TAG FinTech Innovation Award underscores what we expect to see with the ATDC FinTech program continuing to attract and accelerate entrepreneurs and startups across the state that are in this sector.”
"The TAG FinTech community continually elevates Atlanta’s global role in shaping the industry by showcasing payment innovation. The Innovation Award is no different, it provides a platform for emerging companies, like Split, that are pushing the boundaries to showcase the future of the industry. We were proud to be part of such an exclusive finalist cohort and winning the award validated our role in accelerating the growth of mobile payments in the hospitality industry,” said Jimmy Patel, Split Co-Founder and CEO.
Split, enables diners to pre-order takeout, pay at any time and split the bill with friends – all from the touch of their smartphones – making it as easy to checkout as it was to walk in. Visit PayAndSplit.com and @Split to learn more.
About TAG FinTech
TAG FinTech's mission is to build recognition of Georgia as the hub of choice for the world's leading financial technology providers 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, 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.
Visit the TAG FinTech webpage to learn more.
About The Technology Association of Georgia (TAG)
TAG is the leading technology industry association in the state, serving more than 30,000 members through regional chapters in Metro Atlanta, Athens, Augusta, Columbus, Macon/Middle Georgia, and Savannah. TAG’s mission is to educate, promote, and unite Georgia’s technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy.
The association provides networking and educational programs; celebrates Georgia’s technology leaders and companies; and advocates for legislative action that enhances the state’s economic climate for technology. TAG hosts over 200 events each year and serves as an umbrella organization for 34 professional societies. For more information visit the TAG website at http://www.tagonline.org.
About The Advanced Technology Development Center (ATDC)
Georgia Tech’s Advanced Technology Development Center is a nationally recognized science and technology incubator that helps Georgia entrepreneurs launch and build successful companies, providing strategic business advice and connecting its member companies to the people and resources they need to succeed. More than 100 companies have emerged from the ATDC, including publicly-traded firms such as MindSpring Enterprises – now part of EarthLink.
Headquartered at the Georgia Institute of Technology, ATDC has been recognized by Inc Magazine as one of the nation’s top nonprofit incubators. ATDC was formed in 1980 to stimulate growth in Georgia’s technology business base.