The UK Corporate Finance team is pleased to announce the acquisition of a significant stake in Global Processing Services Limited by Dunedin LLP. Dunedin's investment in GPS is the latest example of the continuing and growing attractiveness of the UK fintech sector.
GPS is a fast growing UK-based card payment processor offering an attractive proposition to an expanding market of fintech companies, small card issuers, programme managers and challenger banks. They are the "go-to" prepaid card processor due to their flexibility, responsiveness, functionality and focus on future payment needs.
PwC Corporate Finance acted as lead financial adviser to Dunedin. The PwC team advising on the deal was Steve Cater, Jeremy Sweetnam and Matt Evans.