Icon Solutions secures a strategic minority investment from NatWest to advance payments modernisation.
The strategic minority investment follows NatWest selection of the Icon Payments Framework to update its payment infrastructure.
Icon Solutions is a British fintech company providing advanced payment systems and development frameworks for global banks. It has operated in the sector since 2009.
NatWest has taken a strategic minority stake in Icon Solutions to deepen their ongoing collaboration in payments technology. The investment follows NatWest selection of the Icon Payments Framework last September to modernise its payment infrastructure. Both firms intend to use the partnership to accelerate the delivery of secure and flexible payment services for customers.
From the founder
"NatWest and Icon have been on a journey together since 2019 to modernise payments at the bank, inspired and led by Ian Povey and Mark Brant. We have a common belief in the adoption of low-code technologies to deliver new payments systems quickly and safely, with a significantly lower cost profile."
Tom Kelleher
Co-Founder and Director at Icon Solutions
Investor perspective
"Our relationship with Icon Solutions has already helped us to bring our payments estate to life. This investment is fundamental to the delivery of our modernisation in payments technology, which will enable us to better serve our customers and to remain at the forefront of the payments industry."
Mark Brant
Chief Payments Officer, NatWest
Investors
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About the company
Icon Solutions
Icon Solutions provides payment systems and infrastructure technology for global banks.