Company Research Report: Tribe Payments
Company Overview
Name:
Tribe Payments
Mission of the Company:
Tribe Payments is committed to solving their client’s biggest challenges and delivering robust, scalable, user-oriented solutions that support business success.
Foundation
- Year Founded: 2018
- Launched: 2019 with the core platform, ISAAC.
Founders:
No information is available.
Key People in the Company:
- Andrew Hocking: Chief Executive Officer
- Lynda Clarke: Chief Operating Officer
- Guy Houghton: Chief Revenue Officer
- Vytautas Mickevicius: Chief Technology Officer
- Svetlana Babici: Head of Finance
- Fadl Mantash: Chief Information Security Officer
- Alex Reddish: Head of Market Expansion & GTM Strategy
- Matt Weir: General Manager Asia Pacific
- Guoda Mikučionytė: Interim Chief People Officer
Headquarters:
18 King William Street, London, EC4N 7BP, United Kingdom
Number of Employees:
No information is available.
Revenue of the Company:
No specific revenue figures are provided; however, it was noted that revenue grew by 73% from 2022 to 2023.
Core Offerings:
Tribe is known for its comprehensive payments infrastructure technology, offering a cloud-based, API-led, and fully customizable platform trusted by fintechs, banks, and acquirers.
Products
Core Products:
Tribe's offerings include a wide array of payment infrastructure solutions:
1. Isaac Platform: Supports issuer and acquirer processing with various API-led services.
2. Digital Wallet: Tools for managing virtual payment cards and transfers.
3. POS/SoftPOS: Innovative payment solutions for merchants.
4. 3D Secure: Ensures compliance with Strong Customer Authentication requirements.
5. Fraud & Risk Monitoring: Comprehensive solutions for risk management.
6. Open Banking and Bank Connect: Provides connectivity to European and UK banks.
7. Digital Banking: Allows for innovative digital payment options.
Product Features:
- Modular Technology: Allows customizable solutions for various business needs.
- API-First Design: Simplifies integration and enhances speed-to-market.
- Bank-Grade Security: Ensures the highest level of transaction security.
- Real-Time Data Insight: Offers immediate visibility into transaction trends and risks.
Recent Developments
Recent Projects and Partnerships:
- ISO 27001 Certification: Achieved to bolster operational resilience and security.
- Microsoft for Startups Program: Joined to accelerate business growth and solution development.
- Partnership with Ribbon: Powers issuer processing for UK launch.
- PhotonPay, SetldPay, and Orenda Partnerships: Selected as a processing partner for issuer transactions.
Product Launches and Enhancements:
- Discover Integration: Enhanced issuer and acquirer processing capabilities with Discover card schemes.
- Enhanced Visa and Mastercard Processing: Improved fee transparency, chargebacks, and reporting.
- Banking Circle Integration: Introduced EUR and multi-currency processing capabilities.
- Risk Monitor Advances: Implemented advanced fraud detection and risk management features.
- Open Banking API v2.0: Enabled support for multi-currency accounts with Berlin API compliance.
Awards and Recognition:
- Banking Tech Awards 2024: Best PayTech Digital Solution Provider.
- Payments Awards 2024: Payment Technology Provider of the Year (SME).
- FinTech Breakthrough Awards 2024: Winner of the "B2B Payments Innovation Award".
Strategic Expansions:
- Expansion into Asia-Pacific (APAC): Opened offices in Singapore to grow presence in the Asia-Pacific market.
This structured and comprehensive report summarizes the myriad aspects of Tribe Payments's operations, products, and recent business activities, showcasing its role as a leading figure in payment infrastructure technology.