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Georgia Tech just received a commitment from Worldpay to fund a new fintech accelerator at their Advanced Technology Development Center (ATDC). Atlanta- where ATDC is based- is a payments hub. 70% of all payments made in the US are processed through the city's "transaction Alley".
The ATDC fintech accelerator would help build the ecosystem of industry talent and startups, giving WorldPay an early look into promising and disruptive technologies in the payments space. WorldPay would help pay for staff with industry experience and connections who would help the startups with business plans, technology development and sales and marketing. WorldPay US is a unit of the London-basedWorldPay Group, a global card payment acquiring business that lets customers accept card payments at point-of-sale and over the internet.
