Equifax, a global FinTech leader, unveiled of its new office space at One Atlantic Center with a ribbon-cutting ceremony on Wednesday, May 10. Invest Atlanta supported this project through an $325,000 Economic Opportunity Fund grant, which the board approved in May of last year.
In attendance at the opening were Mayor Kasim Reed Invest Atlanta President and CEO Dr. Eloisa Klementich, Equifax Chairman and Chief Executive Officer Richard F. Smith and Chief Global Operations Officer Andy Bodea, as well as Georgia State Senator Brandon Beach and Commissioner of the Georgia Department of Economic Development Pat Wilson.
“I want to congratulate Equifax for its ongoing success and expansion,” said Mayor Kasim Reed. “Equifax is a company with deep, established roots in our great city, and has redefined itself as a front-runner in the FinTech space. The organization’s commitment to the city’s growth trajectory has also helped further establish Atlanta as one of the leading technology and innovation hub in the world.”
Currently, Equifax employs more than 2,200 Atlantans with the number expected to reach close to 3,000 over the next five years. The $17 million investment Equifax is making with this expansion is expected to generate over $62 million of economic impact.
“In the FinTech space, Atlanta is competing with global financial capitals like New York, London, Zurich, and Singapore,” said. Dr. Klementich. “It’s great news for our city when Equifax, a dominant FinTech player in the identity, fraud prevention, and analytics fields, decides to strengthen their already deep roots in Atlanta.”
Located near the Georgia Tech campus, the new five-floor, 100-000-square-foot office space will house Equifax employees from different functions such as IT, data/analytics, marketing, and finance.
“It’s a very exciting day for us as we continue to expand our presence in the Atlanta Metro Area and reaffirm our commitment to the growth of our great city,” said Andy Bodea, Chief Global Operations Officer at Equifax. “These new offices are both a testament to the strength of our operations as well as to the vitality of the FinTech community in Atlanta, a growth engine in the U.S. We remain committed to drive innovation in all areas of our business and investing in the best talent to ensure we continue to deliver value to customers and consumers.”