Payment processor technology leader Paymentology has been accepted by global professional services firm PwC to join their Scale Fintech Programme.
The programme acts as a platform to allow financial institutions and fintechs to work closer together and focus on progressive benefits for the industry.
PwC believes that collaboration is a key part of innovation and are on a mission to bring the best from both the scale-up and large corporate worlds together.
Paymentology forms part of the 10 FinTechs in the 2020 Scale | FinTech cohort who were selected from more than 300 applicants and will now work in collaboration with PwC and GrowthBuilders, a startup-corporate collaboration network, to help unlock innovation across the financial services industry.
CEO of Paymentology, Shane O’Hara sees the opportunity to contribute to the development of the fintech ecosystem with other market leaders as an important step for Paymentology. “We have established the Paymentology brand as a global player in payments and we are keen to play our part both in sharing our experiences with others and in gaining from others in the developments they have driven.”
PwC’s Scale Programmes consist of three core components to accelerate growth: tapping into PwC’s corporate network that stretches around the globe; exploring opportunities with PwC leaders who work with the leading brands; and upskilling and developing scale-up teams through a world-class business growth curriculum.
Paymentology runs multiple issuer payment card processing platforms across the world, spanning Mastercard, Visa and UnionPay networks and is recognised as the leading innovator in the sector.