Paymentology targets new growth areas with $175M investment

Paymentology, the global issuer-processing
platform for banks and fintechs, has secured a $175 million investment co-led
by Apis Partners and Aspirity Partners.

Founded to help financial institutions
modernise payment issuing systems, Paymentology provides real-time card and
payment processing technology for fintechs, digital banks and retail banks
operating across multiple markets. The company says its platform addresses
limitations associated with legacy issuer-processing systems, which continue to
slow innovation and agility across parts of the global payments industry.

Its multi-cloud platform enables clients to
adapt payment programmes across different regulatory and market environments
while managing card and digital payment experiences in real time.

Jeff Parker, CEO of Paymentology, said legacy
financial systems continue to create friction across the industry, adding that
the company aims to help clients respond more quickly to changing market
demands:

We’ve built an issuing platform designed for
growth, helping digital banks, fintechs and financial institutions launch,
scale and expand their card programmes with confidence. By combining global
capability with the flexibility to adapt locally, we enable our clients to
compete more effectively with speed, control and efficiency, in an increasingly
dynamic landscape.

Paymentology has seen continued growth across
digital banking, embedded finance, digital asset-linked card programmes and
expense management platforms, alongside established financial institutions
modernising legacy systems. The company’s customer base is geographically
diversified, with significant exposure to growth markets across the Middle
East, Latin America, Africa and Asia-Pacific.

The investment will support Paymentology’s
international expansion, product development and team growth as demand
increases for cloud-native issuer processing technology. The company said the
funding will also support expansion into areas including credit, stablecoin
infrastructure, tokenisation and AI-driven financial services.