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M

Mastercard

Corporate

Mastercard partners with Konsentus and uses its solution to power an open banking protect service, while also acting as a key investor.

Portfolio

6

companies

By category

  • FinTech£282M
  • Uncategorised£18.9M
  • TransportTech£8.0M
  • AI/ML£4.6M
  • RegTech£2.0M

By location

  • London£284M
  • Manchester£18.9M
  • Boston£8.0M
  • Cambridge£4.6M

Portfolio companies

AccessPay

AccessPay

AccessPay connects back office finance systems to banks for automated payment operations.

F

Form3

Form3 provides cloud-based payment processing infrastructure for financial institutions.

K

Konsentus

Konsentus provides regulatory technology solutions for open banking verification.

Masabi

Masabi

Mobile ticketing platform for global public transport networks.

P

Pollinate

Pollinate provides cloud-based software that helps banks modernise digital services for business customers.

R

RegGenome

RegGenome turns complex regulatory information into machine-readable data using artificial intelligence.


Team

Jim Wadsworth

Jim Wadsworth

SVP of Open Banking

Jim brings open banking and payments experience from roles at Mastercard, Konsentus, and Raidiam.

LinkedIn
AB

Ajay Banga

President and CEO

Ajay serves as President of the World Bank Group. His background includes leading Mastercard as President and Chief Executive Officer and executive roles at Citigroup and General Atlantic.

LinkedIn
JL

Jason Lane

EVP, Market Development Europe

Kelly Devine

Kelly Devine

Divisional President

Kelly brings extensive financial services and payments experience, having held senior leadership roles at Mastercard, Vocalink, and the Financial Inclusion Commission.

LinkedIn
Hany Fam

Hany Fam

President MasterCard Enterprise Partnerships

Hany is founder and CEO of Markaaz. He previously held senior leadership roles at Mastercard and AXA.

LinkedIn

Recent investments

£18.9M

The Manchester fintech raised £18.9m in a round backed by True Ventures, Praetura Ventures, NatWest, Mastercard, Route 66 Ventures, and Beringea.

"AccessPay simplifies corporate and institutional banking processes by streamlining all bank and finance apps into a shared interface. This astute merging of automation, fintech, and tooling that improves processes for a massive market is what drew us to invest in this team since its seed investment, and we continue to feel excitement for the company’s next phase of growth and expansion."
— Phil Black, Co-founder
Seed
$6.0M

Evolution Equity Partners led the seed round with backing from AlbionVC, Cambridge Enterprise, and Mastercard.

"We are thrilled to be working with a group of investors that share our view that the world is rapidly entering into a period of regulatory uncertainty, requiring interoperable content to power the next generation of regulatory applications for the digital economy,"
— Robert Wardrop, Executive Chairman
Series C
£116M

Goldman Sachs Asset Management led the Series C round to support international expansion and platform development.

"Financial institutions are increasingly turning to modern, cloud-based technologies in order to handle growing payment volumes efficiently and in real-time. We are delighted to be leading this investment round and look forward to working together with Form3 and other shareholders to help realise their ambitious global roadmap and strategic growth plan."
— James Hayward, Managing Director
Series C
£35.9M

The London software business has closed a Series C round backed by Insight Partners and existing shareholders to fund international growth.

"At Insight Partners, we invest in fast-scaling software companies. The Pollinate platform creates white-labelled digital marketplaces for the business customers of the world’s largest banks"
— Emmet Keeffe III, Operating Partner at Insight Partners and Founder of Insight IGNITE