SecureNet Payment Systems has opened a new technology and innovation center in Austin and plans to hire 200 new employees in the next year.
The company also plans to open a client operations center in Silicon Valley later this year.
SecureNet reports that it has more than 14,000 merchants and $12 billion in annual processing volume.
“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,” Brent Warrington, CEO of SecureNet said in a statement.
SecureNet recently raised $18 million with Sterling Partners leading the investment.