Vacuumlabs announces the partnership with Global Processing Services (GPS)

Vacuumlabs, a trusted global software development partner with a proven track record in successfully delivering full-stack fintech solutions, today announces its partnership with GPS, the go-to payments processor enabling many of today’s most high-profile fintech innovators and disruptors, including Revolut, Starling Bank and Curve.

GPS is the PayTech Pioneer™ that has powered the European fintech revolution by enabling mobile app-based features and real-time notifications, putting flexibility and control in the hands of the cardholder. It has been uniquely positioned to support fintechs, challenger banks, and e-wallet providers on their growth journey, from the agility of a proof-of-concept to a fully scaled global offering. 

Sharing similar values and a culture of cultivating deep relationships and promoting collaboration, GPS has forged a partnership with Vacuumlabs as a trusted development provider in fintech solutions. Vacuumlabs will deliver new products and features that enable businesses large and small to deliver breakthrough innovations.

“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 GPS, commented: “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 long track record in supporting the development of brands and companies that accelerate change in the world of financial services, which is evident in its recent roster of successes. These include being the first company ever 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 USA.

Despite COVID-19’s impact on the market, Vacuumlabs has delivered consistent growth in 2020 and forged several strategic partnerships to support the next generation of fintechs in order to rebuild the global economy. Learn more about this partnership in Banking on Air: Vacuumlabs’ podcast that covers the challenges, opportunities, perspectives, and opinions that matter to the fintech community — which will feature Joanne Dewar on December 9th.

About Vacuumlabs

Vacuumlabs: a trusted global technology partner with a proven track record in successfully delivering full-stack fintech solutions that provides teams of agile, remote by nature, software engineers, and designers with years of experience building fintech, cryptocurrency, online marketplaces, and digital products.

Every step of the way, our experts guide our clients, ensuring they can rapidly learn and iterate. When it comes to world-class product development, we are here to be your guide and partner. From our seven offices, we guide our global clients in their product development needs. Since 2012, our team of engineers has grown to over 250, and today we count more than 60 clients around the world, from Europe to North America and Asia.

About GPS

Global Processing Services (GPS) is the trusted and proven go-to payments processing partner for today’s leading challenger brands, including Revolut, Starling Bank and Curve.

Founded in 2007, GPS’s highly flexible and configurable platform places the control firmly in the hands of global fintechs, digital banks and e-wallets, enabling them to deliver rich functionality to the cardholder.

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. 

For more information, visit https://globalprocessing.com

Contact for media
Veronika Gallisova, email: veronika.gallisova@vacuumlabs.com, tel.: +421908845955