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Global Processing Services Group Limited

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Year established

2007

Location

London UK

Primary Industry

Financial Services

About

Founded in 2007 and based in London, UK, Global Processing Services Group Limited is a fintech company that provides a payment processing platform used by companies in handling credit, debit, and prepaid card payment transactions. Joanne Dewar is the CEO of the company. In October 2020, Dunedin LLP and Visa Ventures invested an undisclosed amount in Global Processing Services Limited, and in October 2021, Viking Global Investors and Advent International agreed to invest USD 300 million in Global Processing Services Limited. The company offers highly scalable and secure global payments processing capabilities through its platform, GPS Apex. The GPS Apex enables easy integration with customers, issuers, program managers, card manufacturers, and many other service providers. GPS provides key payments technology infrastructure, enabling the global fintech revolution. The firm's solutions include agency banking services, chargebacks, fraud mitigation, mobile solutions, real-time data feed, and more. The company plans to use the October 2021 investment to accelerate its technology investments in product development and continued global expansion of its customer base in 48 countries across Europe, Asia-Pacific, and the Middle East.
Current Investors
Dunedin, Visa Ventures, Advent International

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Primary Industry
Financial Services
Sub Industries
e-Financial, IT Security/Cybersecurity
Website
www.globalprocessing.com
Verticals
FinTech, FinTech, Mobile Apps
Total Amount Raised
Subscriber access only

Deals

Deals Type
Growth
Secondary Buyout
Growth
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Global Processing Services Group Limited 13 Oct 2021
Completed Global Processing Services Group Limited 19 Oct 2020
Completed Global Processing Services Group Limited 19 Jun 2018
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