InComm, a global fintech and payments company based in Atlanta, will be investing $20 million to create 150 new jobs in Georgia. About two-thirds of these jobs will be at their downtown Atlanta headquarters, with the remaining in the company’s office in Columbus.
The announcement was made Tuesday by Governor Nathan Deal, who upheld InComm as an example of Georgia’s strong fintech ecosystem, which has resulted in its nickname as “Transaction Alley.”
InComm’s technology powers prepaid gift cards and other digital payment solutions. The company was formed in 1992 when founder Brooks Smith developed the point-of-sale payments technology that allowed retailers to activate prepaid cards at their register. They now manage over $40 billion in annual transaction volume from 500,000 points of retail distribution.
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