Payments Industry News | Transcard

Transcard Hosts Ribbon Cutting for New Global Headquarters

Written by Transcard | May 7, 2021 9:38:08 AM

It’s official, we cut the ribbon on our new global headquarters in Chattanooga, Tennessee.

This past Friday, April 30th, we finally had the chance to celebrate, along with 125 teammates and friends, our team moving into the new office.

The ribbon-cutting was followed by a Chattanooga-themed reception where employees and their families, Chamber of Commerce members, and Chattanooga Red Wolves players and front office personnel toured Transcard’s new offices and enjoyed food and drinks from local companies such as Main Street Meats, Urban Stack, Public House, State of Confusion, Stir, and Hot Chocolatier.

New kits of the Chattanooga Red Wolves SC team, which our company proudly sponsors, were also unveiled during the event.

The event highlighted the incredible growth that Transcard has achieved over the past year, the company’s commitment to the Chattanooga community, and its plans for revolutionizing the payments landscape with digital B2B and B2C solutions.

Restoring a Landmark

 

Our new corporate headquarters is located in one of the oldest commercial buildings in the city.
The pandemic
unfortunately put on pause
our plans for an open house in April last year.


The official ribbon cutting one
year later
was a chance for us to celebrate the
transformation of the 25,000 square-foot
building, and the company.


Originally built as a package transport station,
and
later used as a hotel, the four-story
building largely fell into disrepair until
we embarked upon a successful
$4.5 million
effort to convert the dusty space into a
collaborative work environment.

 

Today, the office feature:

  • large open areas
  • collaborative workspaces with digital whiteboards
  • half a floor dedicated to hoteling
  • an executive lounge for strategic conversations and contract negotiations
  • a conference room that can seat 20 people around a table
  • an airy dining area and kitchen

An open custom-built stairwell – with metal railings that incorporate more than 1,000 pieces of welding – extends from the second to the fourth floor, further connecting staff throughout the building.

Transcard’s headquarters also includes a dedicated room with a golf and hunting simulator, two wall-mounted arcade machines loaded with video games, an employee gym with steam showers in the locker rooms, boxing and Pilates studios, wine cabinets, liquor lockers, and lots of original artwork. Check out the entire gallery here.

The fourth floor of the building also includes a patio overlooking a Chattanooga park that recently underwent a $7 million renovation. The patio is ideal for listening to music events held in the park.

Committed to the Community

Reviving a city landmark isn’t the only way that we’re is investing in its community. Transcard is the Front Kit Sponsor for the Chattanooga Red Wolves soccer club. The Red Wolves unveiled their all-new 2021 Season Home and Away kits celebration in a nearby park immediately before Transcard’s ribbon cutting. The Kit Reveal Celebration was open the public and included live music by Behold the Brave, popular musicians sprung from the mountains of Tennessee.

Founded in 2018, the Red Wolves is a founding member of USL League One professional league. Since the club’s inception, the club launched the elite Chattanooga Lady Red Wolves of the WPSL, created two USL League Two pre-professional teams in Dalton and Park City, launched three youth academies, and began construction on Tennessee's first professional soccer-specific stadium.

 

"Transcard is honored to support the Chattanooga Red Wolves,”

said Transcard President Chris Fuller.

The team represents the spirit, drive, and diversity of our community. Transcard looks forward to joining our neighbors in cheering on the Red Wolves as they take the pitch this year."

Beyond Chattanooga, Transcard also has made a commitment to environmental preservation by joining the Priceless Coalition Initiative by Mastercard. The global payments technology provider also is a member of Mastercard’s City Possible Initiative, helping municipalities innovate.

Growing Stronger

The ribbon cutting also was an opportunity for Transcard to celebrate its growth over the past year. During the past quarter, Transcard has achieved more than 90% growth year-over-year (YOY), and expanded its staff by more than 15 employees, including five individuals who are serving in leadership roles. Many new and long-time Transcard employees attended the event.

Transcard’s strong growth is the direct result of surging demand for the company’s innovative digital payments technology. The company recently launched an account-to-account (A2A) payments solution that allows for the touch-free exchange of payments and remittance data as well as an integrated payments solution that can be embedded in legacy software or ERP applications for streamlined payments disbursement and receipt via any payment method or payment network.

Transcard anticipates strong growth as banks and businesses accelerate their digital transformation initiatives and look for new ways to eliminate friction in their operations in the wake of the pandemic.