Vitesse Psp Limited

The principal activity of the company is The principal activity of the company and group is delivering treasury and payments solutions specifically tailored to the insurance market. The proprietary Vitesse platform assists insurers, managing general agents, and third-party administrators in managing funds held to meet future claims requirements while enhancing the claims payment process. As a treasury solution, Vitesse holds funds on behalf of its customers, providing real-time visibility, security, and control. This enables insurers to manage claims funds more effectively, optimise cash flows, and recover liquidity from dormant contracts. Vitesse also offers comprehensive payment solutions through a global network of local banking and payment partners. These solutions facilitate fast, cost-efficient payments across over 200 currencies and countries using various methods, including bank transfers and cheques, with plans to expand to cards and digital wallets. In addition, Vitesse products allow customers to streamline and schedule payments to suppliers via Merchant Pay, while providing end-users with flexibility through Payee Choice, enabling them to select their preferred payment method.