Canadian tech company Transax to set up in Barcelona with 75 jobs

The Minister of Commerce and Employment, Felip Puig, announced this Friday the installation in July in the 22@ district of Barcelona of the Canadian technology company Transax, a company that will create 75 jobs and will generate around 10 million euros per year.

LA SEU D’URGELL (LLEIDA), 7 (EUROPA PRESS)

The company that develops mobile payment platforms and develops next-generation technologies will establish its base in Barcelona for Europe, Asia and America.

Puig announced the investment in the economic meeting Trobada al Pirineu de la Seu d'Urgell, which is attended by some 600 businessmen and which will be closed this afternoon by the Minister of Finance and Public Administration, Cristóbal Montoro.

“Transax will surely settle next July in the 22@ district of Barcelona with 75 workers with a commute of between 80 and a hundred in a short period of time,” said Puig.

The company focuses its business on electronic transactions of payment methods via mobile phones and has created an application so that a mobile phone can act as a dataphone, the machine that stores use to charge credit cards.

The Barcelona office will be responsible for researching new systems to formalize these payments, such as NFC, Contactles or Peer to Peer technology, and will concentrate the majority of the company's workers.

“It is a company that will generate around ten million euros per year and the level of physical investment is suitable for starting a technology company. The staff will be from here,” Puig added to the media.

The project has received support from Invest in Catalonia, the investment attraction area of ​​the Generalitat.

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In addition to announcing the installation of Transax, the minister said that he hopes to announce in the coming weeks the name of the company that will be established in the former Tradema facilities in Solsona.

“A project that I hope to be able to present in the coming weeks is very solidly oriented. We already know the industrial project and the financial sector behind it,” he said.

In his speech, Puig sent a message of “sustained optimism” to businessmen, based on European studies currently being published that place Catalonia as one of the best-positioned European regions.

Likewise, the mayor defended the commitment to internationalization that the Catalan economy must take: “It is not temporary, it must be structural and permanent, internationalization is an effort and an obsession that we are developing well.”

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Shawn Jacobs

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