ATLANTA, May 8, 2018 /PRNewswire/ -- The Technology Association of Georgia (TAG), the state's leading association dedicated to the promotion and economic advancement of Georgia's technology industry, has unveiled its 2018 State of Georgia's FinTech Ecosystem Report.
The report, revealed at TAG's inaugural FinTech South event May 7-8 at the Mercedes-Benz Stadium in Atlanta, gives an assessment of Georgia's dynamic financial technology (FinTech) ecosystem, which has experienced continued growth and increased momentum as the world becomes increasingly dependent upon digital payment and card transactions.
Highlights from the report include:
- More than 38,000 FinTech specialists drive Georgia's FinTech ecosystem.
- The top 20 Georgia-based FinTech companies generate an estimated $72B in annual revenue.
- Some 57.7 billion U.S. purchase transactions are processed by Georgia-based acquirers, roughly two-thirds of the total volume.
- More than 120 FinTech companies are headquartered, or have significant presence, in Georgia.