Transcard creating 69 new jobs in Chattanooga

Transcard creating 69 new jobs in Chattanooga

May 16th, 2013 by Staff Report in Local - Breaking News

TransCard is a company that provides prepaid debit cards through banks.

Photo by John Rawlston/Times Free Press.

Transcard LLC,. a financial technology company, is carrying out a nearly $1 million expansion at its Jenkins Road operation that will create 69 new jobs.

The expansion results from the company's acquisition of HQ Gift Cards Inc. of Louisville, Ky., and the growth of its core business, a news release said.

"Tennessee's extensive technology infrastructure and pro-business climate offer companies a significant competitive advantage in today's global marketplace," Tennessee Department of Economic and Community Development Commissioner Bill Hagerty said. "Under Craig Fuller's visionary guidance, TransCard has become part of the great entrepreneurial DNA of this state. Craig and his team have built a world class technology company and we are proud that they call Tennessee home."

The investment totals $925,000.