Visa makes ‘strategic’ investment in payments processor GPS

As per AltFi, payments issuer processor, Global Processing Services (GPS) has secured a strategic investment from payments giant Visa. 

The firm says the new cash, an undisclosed amount and implied valuation, will accelerate GPS’ global expansion. 

It comes at a key time for firms that power consumer-facing fintechs such as Revolut and Starling Bank.

Read more: AltFi