Worldpay, the London, UK-based global payments technology and services company, is to fund a new fintech accelerator at Georgia Tech‘s Advanced Technology Development Center (ATDC).
Worldpay has committed $1m as a gift and mentorship for the next three years.
The company will hire a FinTech expert to serve as an entrepreneur-in-residence to mentor start-ups along with its executives.
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.
FinSMEs
04/03/2015