Icon Solutions, the United Kingdom Fintech that allowed banks worldwide to design and implement state -of -the -art payment systems, a new US -based stock investment today announced. The icon has also secured additional funding from existing Citi and Natwest investors.
Pieter Brouwer, head of the Operations and Technology Group (Goto) office for personal and corporate banking and GWM Switzerland & International, in UBS comments:
“The icon, an important UBS partner, plays a critical role in modernizing payment platforms with innovative infrastructure solutions. This investment enhances our cooperation with the icon and confirms our commitment to offer the market faster, our customers.
UBS will participate in existing Citi and Natwest investors – who use the icon payment framework (IPF) to accelerate the corresponding payment modernization programs and provide greater value for customers – to format the strategic direction and continuing IPF development.
Tom Kelleher, co -founder and director of Icon Solutions, comments:
“This investment tour is the further approval of our founding belief that banks should have the power to drive their own conversion. With the IPF that is now proven and increasing and increasing by the most important financial institutions, we look forward to continuing our Citi and Citi Cit. the global momentum and to provide truly innovative and innovative payment solutions. “
The IPF is a paid development framework that gives banks technology and procedures to accelerate independently the conversion of their own payment infrastructure, allowing them to create, test and develop payment processing solutions much faster while remaining in full control of timetables and spending.