16 Aug 2011 07:00
16 August 2011
Earthport plc ("Earthport" or "the Company")
New Client Wins
Earthport plc, the global payments utility, is pleased to announce two new client wins that have now gone live and have begun to generate revenue for the Company.
Rev Europe, a global provider of cutting-edge, end-to-end payment solutions, has chosen Earthport to process their bank transfers and settlements for prepaid card loading programs in some of the countries they serve.
A second client also went live last week and is using Earthport's payment network for their prepaid card programmes.
Earthport's strategy of focusing on customer acquisition in key segments and onboarding clients with minimum volume and term commitments continues successfully. Earthport has won several additional such contracts, details of which will be announced as they go live and start generating revenue.
A healthy pipeline continues to grow within the banking and non banking financial institutions space.
Hank Uberoi, Executive Director of Earthport, said:
"We are pleased with the continuing traction we are creating in the business. These new clients are validating our go to market strategies and focus."
- Ends -
For further information:
Earthport plcHank Uberoi / Zafar Karim | 020 7220 9700 |
Financial DynamicsJonathon Brill / Alex Beagley | 020 7831 3113 |
Panmure GordonKatherine Roe | 020 7459 3600 |