Icon Solutions secures equity investment led by UBS with participation from Citi and NatWest
UBS led the funding round to support the development of the Icon Payments Framework.
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.
Icon Solutions has secured a new equity investment led by Swiss bank UBS, alongside ongoing backing from existing partners Citi and NatWest. The funding supports the continuous development and strategic direction of the Icon Payments Framework, which major financial institutions use to modernise their processing infrastructure.
The company develops technology that allows banks to independently build, test and deploy payment solutions at a faster pace. With backing from three major banking institutions, Icon Solutions aims to expand international adoption of its core framework and accelerate clients' modernisation programmes.
From the founder
"This investment round is further endorsement of our founding belief that banks should be empowered to lead their own payments transformation. With IPF now internationally proven and increasingly adopted by major financial institutions, we look forward to continuing our close partnerships with Citi, NatWest and UBS to build on this global momentum and deliver truly innovative and groundbreaking payments solutions."
Tom Kelleher
Co-Founder and Director at Icon Solutions
Investor perspective
"This investment reinforces our partnership with Icon and confirms our commitment to deliver faster to market, future-ready payment solutions for our clients. The collaboration helps us drive innovation at scale and enhances our capabilities for seamless instant payments and advanced transaction processing."
Pieter Brouwer
Head of Group Operations and Technology Office (GOTO) for Personal & Corporate Banking and GWM Switzerland & International, UBS
Investors
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About the company
Icon Solutions
Icon Solutions provides payment systems and infrastructure technology for global banks.