Portfolio Update

RNS Number : 8395R

Dunedin Enterprise Inv Trust PLC

19 June 2018

 

Dunedin Enterprise invests in GPS

19 June 2018

Dunedin Enterprise Investment Trust PLC ("Dunedin Enterprise") has invested £6.4 million in Global Processing Services ("GPS") through the Dunedin Buyout Fund III. Dunedin Enterprise will have an interest of 8.2% in GPS.

GPS is the global payments processor behind some of the most exciting digital banks, challenger banks, fin-techs and financial institutions. GPS is the market leader in issuer processing, enabling next generation payment technology. It provides a single, global integrated platform, GPS Apex, that powers and enables functionality of next generation Fin-tech payment companies.  GPS employs circa 150 people based in London and Newcastle.

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