October 14, 2016 in ATDC News, FinTech

Advanced Technology Development Center joins Georgia’s ‘Transaction Alley’ delegation at Money 20/20

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Money 20/20
Michelangelo Ho, ATDC FinTech catalyst, will be representing the incubator at the 2016 Money 20/20 conference.

The Advanced Technology Development Center (ATDC) will be part of the delegation of more than 200 financial technology (FinTech) professionals and leaders representing Georgia at Money 20/20, the world’s largest payments and financial services innovation conference Oct. 23-26 in Las Vegas.

ATDC, a program of the Georgia Institute of Technology, is the state’s technology startup incubator. Among its startup business focus areas is the ATDC FinTech Program, which was created in 2015 through a $1 million gift Georgia Tech received from Worldpay US, the global payments technology company.

Led by ATDC FinTech catalyst Michelangelo Ho, the program’s portfolio is comprised of 20 startups, including eight that have already raised more than $16.8 million in funding.

“Our ATDC FinTech Program identifies, coaches, and works with startup FinTech innovators who are leading the industry, advancing new technologies, and disrupting the sector,” said Ho, who will represent ATDC at Money 20/20 as part of the Georgia “Transaction Alley” delegation — FinTech Atlanta. “ATDC is proud to be part of such a distinguished delegation of more than 100 FinTech companies and organizations at this year’s Money 20/20.”

The ATDC FinTech companies that will participate at Money 20/20 include Monotto and TradeRocket, whose CEOs will be panelists on a roundtable discussion regarding Georgia’s FinTech ecosystem. Monotto, part of the ATDC Accelerate portfolio, enables banks and credit unions with the tools necessary to capture, grow, maintain, and de-risk millennial customers. TradeRocket, another ATDC Accelerate company, has a global, supplier-financing portal that unifies buyers, suppliers, and lenders in one secure location.

ATDC Signature portfolio company, Greenlight, whose debit card technology allows parents and guardians to instantly fund and approve their teenaged and collage-aged children’s purchases in real time, will present at Money 20/20’s startup pitch event.

Other ATDC FinTech companies going to the conference include Funding University, Split, and MyLumper.

ATDC also is co-sponsoring the Venture Capital reception.

“We have a robust portfolio of FinTech companies at ATDC, and more broadly, Georgia,” Ho said. “Through our partnerships with companies such as Worldpay US and our association with groups such as FinTech Atlanta, we are solidifying Georgia’s place as the country’s FinTech capital.”

About ATDC:

The Advanced Technology Development Center (ATDC) is one of the longest-running and largest university-based startup incubators in the country. Founded in 1980, ATDC has graduated more than 160 companies from its ATDC Signature program. To date, those companies have attracted roughly $2 billion in investments. The ATDC Financial Technology (FinTech) Program powered by Worldpay US was established in 2015 to attract and accelerate entrepreneurs and startups in that sector from across the state. ATDC, which also has programs in Savannah, Athens, and Augusta, is a unit of the Enterprise Innovation Institute, the chief economic development arm of the Georgia Institute of Technology. For additional information about ATDC and the ATDC FinTech Program, visit atdc.org/fintech/.

About FinTech Atlanta:

FinTech Atlanta is a coalition of more than 100 organizations, including Fortune 500 companies, startups, universities, and industry associations, all working to cement Atlanta as the recognized global capital of financial technology. The group strives to fund and energize efforts to recruit, retain, and expand businesses and jobs across the FinTech ecosystem in metro Atlanta. To learn how metro Atlanta and Georgia’s FinTech ecosystem is driving more than $30 billion in annual revenues, visit www.fintechatlanta.org.

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