Georgia Tech receives $1M for financial technology

Three-year grant will establish financial technology entrepreneur program on campus

financial-technologyGeorgia Tech’s Advanced Technology Development Center (ATDC) received a $1 million donation from Worldpay in order to fully fund a new financial technology accelerator at the ATDC for the next three years.

The accelerator will include the hiring of a financial technology expert to serve as an entrepreneur-in-residence to mentor start-ups. Worldpay executives are also mentoring entrepreneurs at the center, providing both payments expertise and Worldpay’s global resources to support companies within the new program. Worldpay is a global payments technology and services company, which allows merchants to accept payments anywhere in the world, across any channel.

“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.”

(Next page: How financial technology is key to Georgia Tech’s economic mission)

Laura Ascione