Creating Shareholder Value

NetPay Merchant Services

Transaction: Realised Investment

Sector: Technology

Investment Realised: 2018

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Based in Southampton, Hampshire, NetPay is an award winning, multi-channel, payment service provider that offers a range of online processing, payment terminal and merchant services to the wholesale, indirect reseller and corporate markets. 

Founded and managed by serial entrepreneurs Carl Churchill and Nicole Churchill (ex-Murphx which was sold to Daisy Group Plc), the fintech business has also seen considerable traction in opportunities to license its proprietary technology to banks.

In February 2016 Meridian provided the shareholders with a short term working capital facility to allow the business to support continued growth, exiting in 2018.

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