Earthport

remittancesnetwork settlement

FOUNDING YEAR: 1997
LOCATION: United Kingdom
Last Update: 01/05/2020

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About

Earthport was acquired by Visa on 8th May, 2019, and was renamed legally as Visa Payments Limited on 28th February, 2020.

MEDICI Analysis

Earthport plc, is a cross border payment network, providing solutions for low value payments.

Focus

PRODUCTS & SERVICES

Transaction Processing, P2P Money Transfer, Banking

REVENUE MODEL

Revenue generated by the transaction processing fee.

MAIN CLIENTS

Bank of America Merrill Lynch

HSBC

State Street Corporation

PNC Bank

Aktif Bank and WorldRemit

EXISTING PARTNERSHIPS

Standard Chartered

Banco do Brasil

Traction

VALUATION / MARKET CAP:

$228 M in 2015

People

FOUNDERS

Chris Hitchen

BOARD MEMBERS AND ADVISORS

Hank Uberoi

NUMBER OF EMPLOYEES

51-200

Momentum

FUNDED

NO

LISTED

NO

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