A California payments company plans to open its second North American operations center in Omaha by this summer and employ about 300 people within a year, with hiring to start next week.
The company, i2c Inc. of Redwood City, California, helps financial institutions, corporations and government agencies with credit, debit, prepaid and other payments through a cloud-based computer system called Agile Processing.
The company said Tuesday its Omaha investment would total $30 million over four years.
Much of the work will be “client facing,” servicing i2c’s clients, said Peg Johnson, a former First Data Resources executive who joined i2c a year ago and will head up the Omaha operation as executive vice president.
Johnson, a native Omahan, worked 20 years at First Data, most recently as a senior vice president running client services for one of its business lines.
“We absolutely knew that we wanted to bring these types of jobs to somewhere in the Midwest,” she said. “It’s all about the work ethic, the people’s loyalty to their employer.”
Omaha was chosen because of the city’s talent pool in the financial technology, or fintech, industry, she said.
“Omaha could not have been a better choice,” she said. “We have highly qualified, fintech-savvy personnel here.”
Omaha’s payment-related businesses include Omaha-born First Data, PayPal, Convergys and CSG Systems, all competing for many of the same people.
“I’m not worried at all,” Johnson said. “We’re going to be an employer of choice, obviously pay well. We’ll have a premier location and a premier facility.”
The company hasn’t signed a lease yet but has chosen an existing building close to bus lines and with easy access, Johnson said. She declined to reveal its location before signing a lease.
The Omaha center will expand i2c’s account management, operations and client services divisions and have a computer network operations center, similar to a center i2c opened in Montreal in 2016.
In a press release, Amir Wain, i2c’s founder and chief executive, said the Omaha center will support the privately owned company’s growth.
“Our customers’ success is our No. 1 priority, and this expansion underscores our commitment as we continue on our path to $1 billion in revenue,” he said.
The privately owned company doesn’t report its financial figures. It has about 750 employees in California; Montreal; Lahore, Pakistan; and in sales offices elsewhere.
Wain is from Pakistan and came to the United States to attend the University of Texas. He is an American citizen and founded the company in California.
Nebraska Gov. Pete Ricketts said in a statement that Omaha is a “prime location” for expanding technology companies.
“This mutually beneficial investment by i2c stands to strengthen Nebraska’s reputation as a Silicon Prairie hub for the financial technology sector,” he said.
Omaha Mayor Jean Stothert said she is “delighted” with the company’s choice of Omaha.
“Payments and fintech are vibrant and dynamic industries, and our community is honored to play a substantial role in i2c’s continued growth,” Stothert said.
The company’s products include My Card Place, for payment processing; Engage, a loyalty and marketing platform; FastSettle, for billing and other functions; and FastCash, for transactions and point-of-sale services.