InComm to Invest $20 Million in Georgia Despite Other Suitors (Dec. 3, 2015)
During a Dec. 2 press conference with Georgia Governor Nathan Deal and Atlanta Mayor Kasim Reed, InComm announced it will remain in its Atlanta headquarters and invest $20 million in facilities and equipment as well as hire an additional 275 employees in the state. Despite other states vying for InComm’s business, the prepaid product and transaction services company opted to stay in the Peach State, which was ranked as the No. 1 best state for business by CNBC last year. InComm’s investment in facilities includes development of a new data center in Suwanee, expansion of its current Peachtree Corners call center, growth of its downtown Atlanta headquarters and expansion of the company’s existing Alpharetta facility, the company said. InComm was founded in 1992 in the metro Atlanta area.
“There is a great ecosystem of local and state government reception to business in Georgia, in addition to the education and university nucleus in Atlanta, and an outstanding talent pool right here in the city,” a spokesperson tells Paybefore. Georgia also is known as Transaction Alley because it’s the nation’s leader in transaction processing, with 70 percent of every credit, debit and gift card transaction going through the state of Georgia, she adds.
InComm’s decision to continue investing and creating jobs in metro Atlanta speaks to the status as a hub for the fintech industry, according to Governor Nathan Deal. “Georgia’s workforce is among the best and brightest,” he said “Their talents and skills, paired with Georgia’s existing infrastructure, offer valuable resources for innovative and growing high-tech companies.”
InComm is a founding member of the American Transaction Processors Coalition (ATPC), which was created to protect, promote and preserve the interests of Georgia’s financial technology industry.