Global processing services raise $300 M for its API-based payments and embedded finance platform

By Shikha Saraswat October 14, 2021

5 Comments

Embedded finance keeps on being a significant subject in the realm of fintech, with a wide wrap of new financial services organizations tapping APIs built by others to strengthen payments and other financial transactions, and more.

In the most recent turn of events, Global Processing Services — one of the enormous players in the structure and operating of those APIs — has secured an immense round of funding, $300 million, which it will use to pursue its business internationally.

London-based GPS as of now works with a lot of big names in nearly 48 nations. Its clients comprise Revolut, Curve, Starling Bank, Zilch, WeLab Bank, and Paidy — and has processed some 1.3 billion transactions on its foundation starting around 2007

Now, it will be hoping to twofold down both on extending its foundation and its geological impression.

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  November 8, 2021 - 8:40 pm
  
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