Investment

Fresh from securing a £130m investment, London-based FinTech Paymentology has appointed Fiona Tee as its chief financial officer.

Earlier this month, Paymentology announced a $175m (£130m) strategic investment from Apis Partners and Aspirity to support the next phase of its global growth.

In 2025, the FinTech reported a sales rise of 117 per cent.

Paymentology is a global issuer processor, giving FinTechs, digital banks and retail banks the technology, expertise and flexibility to launch, manage and scale a broad variety of card programmes around the world.

Paymentology secures £130m private equity backing

Built on Lume, the platform for growth, Paymentology processes billions of transactions on behalf of customers globally across more than 65 countries and 14 time zones.

Tee joins Paymentology from Currencycloud, where she spent nine years helping scale the business through a period of significant growth, culminating in its successful acquisition by Visa.

She brings more than 25 years of finance leadership experience across FinTech and technology, with a strong track record of supporting multinational, venture-backed and private equity-backed businesses through rapid growth, transformation, fundraising, exits and international expansion.

Jeff Parker, CEO of Paymentology, said: “Fiona joins us at an incredibly exciting time for Paymentology. As demand for modern issuer-processing infrastructure continues to accelerate globally, her experience scaling fintech businesses and navigating transformational growth will be invaluable as we enter our next phase.

“She brings deep financial and commercial expertise, alongside a strong entrepreneurial mindset and proven experience supporting high-growth international businesses. I’m delighted to welcome her to the executive leadership team.”

Tee added: “Paymentology is at a pivotal moment, with strong momentum, ambitious growth plans and a clear opportunity to scale its impact globally.

“What stood out to me immediately was the strength of the business, the quality of the team and the commitment to delivering exceptional outcomes for customers.

“I believe sustainable growth comes from a clear strategy, strong financial discipline and a culture that is aligned around execution. I’m excited to join Paymentology at this next stage and help build on the strong foundations already in place.”