Merchant e-Solutions To Establish Corporate Headquarters In Buckhead, Georgia
“We are excited to make Georgia our home,” said Merchant e-Solutions CEO Tom Bell. “The Atlanta market brings us closer to key business partners and allows us to tap into the amazing talent of this rich financial technology epicenter as we establish and expand our local presence.”
Merchant e-Solutions is a division of Cielo S.A., Latin America’s leader in electronic payment solutions. Headquartered in Sao Paulo, Brazil, Cielo S.A. serves more than 1.6 million active merchants and covers 99 percent of Brazilian territory. In the past two years, the State of Georgia and the City of Atlanta have organized trade missions to Brazil to spur new business relationships, strengthen existing ties and promote Georgia as the top destination for companies looking to find success.
“I had the pleasure of meeting with their leadership on an economic development mission to Brazil,” said Governor Nathan Deal. “As a result, we can now celebrate the relocation of their headquarters from the Silicon Valley to Georgia. This announcement is further affirmation that our highly-skilled workforce, well-connected logistics infrastructure and culture of collaboration will continue to draw top-tier prospects like Merchant e-Solutions.”
"We are thrilled that Merchant e-Solutions has selected metro Atlanta for its headquarters relocation," said Hala Moddelmog, President/CEO of the Metro Atlanta Chamber of Commerce. "This investment further solidifies our position as a global leader in the FinTech sector and is a testament to the strength of the skilled talent coming out of our colleges and universities."
Georgia Department of Economic Development project manager Ashley Morris represented the Global Commerce division in partnership with Georgia Power, the Metro Atlanta Chamber of Commerce and Invest Atlanta.
“We are excited to welcome Merchant e-Solutions to Georgia,” said GDEcD Commissioner Chris Carr. “70 percent of all financial transactions that occur in the United States are processed through systems operated by Georgia-based FinTech corporations. Merchant e-Solutions has a great reputation as a leader in the payment-processing industry, and they will make a great addition to our ever-growing ‘Transaction Alley’.”
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