Clear2Pay recognised as leading global financial technology player in FinTech100

Brussels and Chicago, IL - 12 October 2011

Highest non-US new entrant with a 100% financial services revenue base.

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces today its entry into the FinTech 100, an annual international listing of the top vertical technology vendors as named by American Banker, Bank Technology News and IDC Financial Insights.

At the Global FinTech 2011 Award ceremony at the BAI Retail Delivery conference in Chicago, Clear2Pay received a recognition for ranking 81st on the list of financial technology companies that were judged according to their global revenues – attesting to the company’s stability and relevance to the industry. With this position Clear2Pay is the highest non-US based newcomer in the ranking with a full 100% revenue base in the financial services sector.

“Remembering that we are a company that has been focusing uniquely on the payments industry since our inception in 2001, with more than 850 employees around the world today, we are delighted to be a new entrant in the FinTech 100, a ranking where your meaning to the industry is measured by size and focus. Our early dedication to the payments industry and our belief in the value of pure SOA based payment hubs has evolved into a company with a ‘payments inclusive’ dna, where we offer the customer not just technology, but also the testing, consultancy and implementation support such projects demand. Even in the current turbulent economic climate, we see that for banks payments are a vital and sticky customer proposition and as such we continue to invest with them in new (mobile) technologies across the entire payments value chain”, states Michel Akkermans, Chairman and CEO of Clear2Pay. He concludes: “The on-going commitment of our teams around the world and the support of our global customer base has earned us this position and that is why we will dedicate this ranking to them”.

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