Vacuumlabs partners with Global Processing Services (GPS)

By Robin Amlot

Vacuumlabs has announced its partnership with Global Processing Services (GPS), the payments processor enabling Revolut, Starling Bank and Curve, among others. “GPS is one of the most prestigious and well-established global payment solutions. At Vacuumlabs, we’re excited to have the opportunity to support an industry-leader and continue on our mutual mission of building an ecosystem that drives innovation and digital transformation amongst FinTechs, digital banks, and e-wallet providers,” said Tom Clementson, Group Head of FinTech at  Vacuumlabs.

Samuel Hapák, Chief Executive Officer at Vacuumlabs, added: “We’re excited to partner with GPS, one of the leading global payments providers, and we look forward to helping them build world-class products for their customers around the world.”

Joanne Dewar, Chief Executive Officer at Global Processing Services, said: “Vacuumlabs have a proven history of working with leading FinTechs, so it is a natural fit to be partnering with them, especially with our combined interests in enabling innovative solutions. Vacuumlabs is a trusted development partner which will allow GPS to increase our existing technical capabilities and further advance our mission of enabling financial empowerment for everyone.”

Vacuumlabs has a track record in supporting the development of brands and companies that accelerate change in the world of financial services. It was the first company to implement Thought Machine in Asia, building a next-generation digital bank, developing the 2030 Carbon Offset Calculator for Doconomy, and innovating for inclusion building Daylight, the very first LGBT+ digital banking platform in the US.

Since 2012, Vacuumlabs’ team of engineers has grown to over 250, with more than 60 clients around the world, from Europe to North America and Asia. Global Processing Services (GPS) is certified by Mastercard and Visa to process and manage any credit, debit or prepaid card transaction globally, with offices in London, Newcastle, Singapore and Sydney. It is equipped to meet the stringent standards required by Tier 1 banks and has integrated with more than 40 issuing banks and operates programmes for 180+ clients in 60 countries, using over 150 currencies.