Paymentology Raises $175M Led by Apis, Aspirity

London-based fintech Paymentology, a leading global issuer processor, announced a 175 million investment co-led by private equity firms Apis Partners and Aspirity Partners to fuel its expansion, product development and hiring.

The funding, disclosed in a company release, unites two investors with extensive payments industry expertise who view issuer processing as a key growth area. Paymentology's cloud-native platform addresses limitations in legacy infrastructure, which hampers innovation and real-time processing despite a global payments market projected to reach 49 trillion by 2026. The technology supports clients in nearly 70 countries, enabling issuers to launch and manage card and digital payment programs efficiently across diverse markets.

The investment arrives during a period of robust growth for Paymentology. New sales rose 117 percent year-over-year in fiscal year 2025, while transaction volumes increased 65 percent. Demand has come from digital banks, embedded finance providers, digital asset-linked card programs, expense management platforms and traditional banks upgrading outdated systems. The company serves high-growth regions including the Middle East, Latin...