News Article

Making Headlines - May Edition

As the trusted and proven PayTech Pioneer™ uniquely focused on supporting the growth journeys of our customers, nothing gets us more excited than when we see our customers and partners dominating the news agenda. 

Each month we bring you the only news round-up for fintech, payments and banking that you need - our Making Headlines update. Stay ahead and hear the highlights from Global Processing Services, our customers, and partners.     

Our headlines📢  

🤝We’re delighted to announce that Simon Stanford has joined GPS as Chief Revenue Officer. Simon sits on GPS’ executive committee, leading the company’s commercial, marketing, partnerships and customer relationship management. 
 
Our CEO Joanne Dewar explains: “We are delighted to welcome him to our senior leadership team. Simon joins GPS at the most exciting chapter in our history to date as we prepare to embark on a rapid global expansion. He brings to GPS a stellar track record of success in building and leading high-performing global commercial teams and will be a pivotal player in our accelerated growth strategy for 2022 and beyond.” Read more here.

 

🏆 Awards 

🎉 Congratulations to our CEO Joanne Dewar, for scooping the Director of the Year at the UK Fintech Awards! We were proud to hear that: “The winner of Director of the Year is heads and shoulders above the competition. They are the leader of their company and directly involved in its success, playing an integral role in securing investment and a glowing reputation. They are also making a big impact in the wider financial services sector.” 

🥳We were proud to win an accolade at the Card and Payments Awards 2022. We were highly commended in the Best Processing Programme or Proposition category 2022! 

🎉 We've also been shortlisted for Excellence in Payments at the Finnies 2022, hosted by FinTech Australia. We're looking forward to the 23rd June where we'll be attending as a sponsor.  

 

👀Where we are this month  

👋 See how we can boost your business at EBADay in Vienna on May 30 to 01 June. We’ll be on our GPS stand ready to see how we can help your company grow. Register here. 

👋Seamless Middle East 2022 takes place in Dubai on 31 May to June 1. If you’re going to the event, let us know, and we can explain how we can help you innovate and grow your business.  

👋 We’ll be at Money 20/20 Europe 7-9 June in Amsterdam – and it would be great to share how we can help your business. GPS customers, including Starling Bank’s founder and CEO Anne Boden, as well as speakers from our partners Mastercard and Visa. Come and say hello! Find out more about the event here. 

 

Funding💸 

💷Huge congratulations to long-standing GPS customer Starling Bank who've completed an internal fundraise of £130.5 million! The new investment values the company at more than £2.5 billion pre-money.  
 

Expansion 🌍 

💳 GPS partner Mastercard has announced plans to create 1,500 jobs in the next three to five years as it grows its European Technology Hub in Dublin. This is in addition to Mastercard’s existing 650+ employees. 

🚀 Robinhood have signed a deal to acquire GPS customer Ziglu Limited (subject to regulatory approvals and other customary closing conditions). Ziglu, a UK-based electronic money institution and crypto asset firm offers a fast, simple way to buy and sell crypto. 
 


Solutions  

📱Unicorn WeLab is Hong Kong’s first virtual bank to offer digital wealth advisory solutions.  

🦄🦄 Double unicorn Zilch has partnered with Experian to share reporting of BNPL credit data. The BNPL provider has had a great journey and this follows their news of reaching two million customers. 

 

Partnership 🤝 

⚽️ Lewes Football Club announced a partnership with GPS customer Curve. They explain: “The partnership has been born out of the brands’ shared goals of empowerment. Not only is Lewes the first football club in the world to pay its women’s and men’s teams equally, but it is also 100% fan-owned and not-for-profit, which has a meaningful and tangible impact on the local community.” 

 

Crypto 📱 

🌍 Nium, has launched Crypto Accept, which enables online merchants around the world to accept crypto payments, convert crypto to fiat, and settle payments in preferred local currencies. Nium Crypto Accept supports Bitcoin (BTC) and Ethereum (ETH) payments at launch, with plans for more currencies in 2023.  

 

Growth 🚀 

🎉Congratulations to GPS customer Allica Bank for reaching a massive £1 billion in deposits. Built especially to serve established SMEs, the bank has been going from strength to strength since its UK banking licence was granted in 2019. We’re proud to be on this journey with you. 

🌍 After being acquired by BNPL giant Klarna, leading wallet provider Stocard has adopted Klarna’s “Smoooth” brand identity and introduced it to more than 47 million active consumers in 45 markets.