Global Processing Services secured an additional $100 million from Temasek and MissionOG.

Global Processing Services, a British provider of the backbone card processing tech, announced a $100 million funding extension.

The money was raised from investors led by Temasek and MissionOG. The deal complements the $300 million financing round announced in October 2021 and backed by the private equity investors Advent International and Viking Global Investors, which together control a major stake in the company.

Global Processing Services, founded in 2007 and led by CEO Joanne Dewar, is certified by Mastercard and Visa to process and manage any credit, debit or pre-paid card transaction globally, GPS currently counts clients in 48 countries including Starling Bank, Revolut, Pockit, Volt Bank, Loot, Stocard, Glint, Osper and Curve.

Global Processing Services previously raised £44 million in 2018 and added Visa as strategic investors in 2020.