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Update On Payment Processor NomuPay

NomuPay is certainly one of the most interesting high-risk payment processors in Europe. Not because of its technology or its business, but because it has taken over important parts of the Wirecard business and allegedly also parts of the now closed Payvision. Here is an update.
Update on payment processor NomuPay

The Dutch-funded NomuPay is an interesting fintech. FinTelegram about NomuPay, the founder of the now-closed high-risk payment processor, Payvision, would be behind this payment processor, which was launched in 2021. NomuPay took over essential parts of the collapsed Wirecard and is also said to have taken over the business from Payvision.

NomuPay Short Narrative

NomuPay was established in 2021 funded by by Finch Capital, an Amsterdam-based venture firm, which also funded the company’s acquisition of assets from the collapsed German Wirecard. NomuPay took over Wirecard Turkey (link) and parts of the Wirecard APAC organization (Link).

Peter Burridge is the Group CEO, Owen Burke is the group’s financial officer, and Erik Hogenkamp is active as COO of the Group. NomuPay has also established a Board of Industry Visionaries that includes Juan Benitez, Lisa Shields, Jeff Parker, and Radboud Vlaar, managing partner of Fintech Capital.

The Latestest NomuPay Updates

Over the last 18 months, the Nomupay Group has announced some milestones:

  • In April 2022, the NomuPay Group acquired the New Zealand payment processor KlickEx, although no details of the purchase price were disclosed.
  • At the end of 2022, NomuPay acquired the licensed payment institution Cardinity and renamed it NomuPay Europe.
  • In March 2023, NomuPay Ireland announced that it had raised $53.6 million in a funding round co-led by Finch Capital and Outpost Ventures. We believe this sum includes all investments made directly in NomuPay or one of the acquired entities in the past.

According to its website, NomuPay Group has more than 150 employees worldwide, making it a big player already.

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We would like to know more about NomuPay and possible connections to Payvision and Wirecard. Has actual business or employees been taken over by the two collapsed high-risk payment processors? Is Rudolf Booker actually connected to NomuPay?

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