SecureNet Payment Systems has opened a technology and innovation center in Austin, Texas, and revealed plans for a client operations center in Silicon Valley, Calif., later this year.
The company is expanding to house its growing staff, attract employees and continue to collaborate with clients, officials said in a Sept. 24 press release.
Servicing more than 14,000 merchants and $12 billion in annual processing volume, the company plans to hire as many as 200 employees in the next year, the press release said. The expansion will triple the size of SecureNet’s workforce.
“Austin and Silicon Valley are a perfect fit for SecureNet’s future as they are home to top technology talent, are both renowned entrepreneurial centers situated near some existing clients as well as prospects; and move us closer toward being a dominant player in the payment technology market,” said Brent Warrington, SecureNet CEO.
“SecureNet’s recent success in attracting top talent and accelerating its technology and market advancements is a reflection of Brent’s outstanding leadership of the company,” said Shoshana Vernick, principal at Sterling Partners, the Chicago-based private equity firm that recently led an additional $18 million growth equity investment in SecureNet.