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Portfolio Update

19 Jun 2018 09:32

RNS Number : 8395R
Dunedin Enterprise Inv Trust PLC
19 June 2018
 

Dunedin Enterprise invests in GPS

 

19 June 2018

 

Dunedin Enterprise Investment Trust PLC ("Dunedin Enterprise") has invested £6.4 million in Global Processing Services ("GPS") through the Dunedin Buyout Fund III. Dunedin Enterprise will have an interest of 8.2% in GPS.

 

GPS is the global payments processor behind some of the most exciting digital banks, challenger banks, fin-techs and financial institutions. GPS is the market leader in issuer processing, enabling next generation payment technology. It provides a single, global integrated platform, GPS Apex, that powers and enables functionality of next generation Fin-tech payment companies. GPS employs circa 150 people based in London and Newcastle.

 

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