Vitesse PSP BV

The smart way to make global payments

General Information
Company Name
Vitesse PSP BV
Founded Year
2013
Location (Offices)
London, United Kingdom +2
Founders / Decision Makers
Number of Employees
5
Industries
Financial Services, Fintech, Insurtech +1
Funding Stage
Series C
Social Media

Vitesse PSP BV - Company Profile

Vitesse PSP Limited is a Financial Services, Fintech, Insurtech, and Payments startup, with a slogan "The smart way to make global payments." Founded in 2013 and headquartered in the United Kingdom, the company was formed by a team of proven FinTech entrepreneurs. The company is an FCA regulated payments business that aims to be the payment partner of choice for the insurance market by providing global payment services and treasury optimization. Vitesse PSP Limited operates one of the largest domestic banking and payment settlement networks globally, giving its customers direct access to more than 170 countries and territories, covering over 110 currencies. The company's single integration network allows insurers to pay claims in as fast as 45 seconds, resulting in a better customer experience for claimants. Additionally, their treasury optimization service brings complete control and transparency to insurers, enabling them to have their money in the right place at the right time to make payments quickly and when their customers need it the most. With over 120 employees across Europe and a successful £26m series B funding secured in 2022, Vitesse PSP Limited is showing significant growth. They have also processed transactions approaching £8bn. The latest investment includes a £73.10M Series C investment at 21 May 2024, with Hannover Digital Investments and Kohlberg Kravis Roberts as the participating investors. The company is poised for further expansion and success in the global payments and insurance market.

Taxonomy: Global payments, Treasury optimization, Insurance market, API Integration, Transactions monitoring, Global FX, Remittance, Local transfers, Enterprise accounting, Data and insights, Pensions, Loss fund management, Cross border payments

Funding Rounds & Investors of Vitesse PSP BV (4)

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Funding Stage Amount No. Investors Investors Date
Series C £73.10M 2 Kohlberg Kravis Roberts 21 May 2024
Series B £19.00M 5 Ron Kalifa, Shane Happach 10 Feb 2022
Series A £6.60M 2 11 Aug 2020
Venture Round $1.00M 1 01 Jan 2015

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