Stage
Merger | MergedTotal Raised
$25MAbout Tuxedo Money Solutions
Tuxedo Money Solutions, founded in 2006, is a global fintech and payment solutions provider, developing smart solutions that enable its clients to raise their brand awareness, increase retention, and create new income streams. The company delivers prepaid and alternative payment solutions that incorporate end-to-end stored-value program management services for major international blue chip clients, both domestic and abroad; operating over 50 white label affinity programs. Tuxedo has issuing capability across the entire SEPA region and is active in five countries.
Tuxedo Money Solutions Headquarter Location
Winster House, Herons Way Chester Business Park
Chester, England, CH4 9QT,
United Kingdom
+44 0345 340 3170
Latest Tuxedo Money Solutions News
May 20, 2020
0 Message : *Required fields Rapid expansion following merger of Payment Cloud Technologies and Tuxedo Money Solutions to be supported by Finance Forward 365 and Microsoft Windows Virtual Desktop Lanware is to provide its Finance Forward 365 and Windows Virtual Desktop service to financial technology leader Omnio Group, who is developing a network of digital financial services products to target banks and non-banks via its secure, cloud-based digital banking platform. Finance Forward 365 will give Omnio the latest modern workplace technology from Microsoft and a managed Virtual Desktop experience hosted in the Azure cloud. With the pre-packaged service Omnio can easily transition users onto the single platform within a very short time frame, ensuring staff are instantly and securely up and running on any device, anywhere and via any connection. The service has already delivered benefits as the entire Omnio Group is working remotely due to COVID-19 pandemic. Omnio needed an IT partner that is experienced and highly responsive to support its rapid and ambitious expansion plans, as it combines resources from its merger between Payment Cloud Technologies and Tuxedo Money Solutions, providing the scale and international reach to compete in an expanding digital banking market. The pay-as-you-go managed service will ensure the business can operate and retain secure and continual access to its core technology around the clock as it focuses on delivering a modular end-to-end solution for banks and non-banks via its platform-as-a-service (PaaS), supported by Microsoft Azure and Amazon Web Services. Simon Bowden, COO, Omnio says, “I had confidence in Lanware’s track record of successfully delivering managed services to Tuxedo Money Solutions for over 15 years. Their responsiveness, experience and understanding of our business which, when combined with their Finance Forward 365 managed service, gives us the agility and flexibility in our corporate IT as we expand our global financial services platform”. Henry Duncombe, MD, Lanware continues, “Having worked with Tuxedo Money Solutions for over a decade, we are delighted to be partnering with Omnio Group, a global fintech specialist that is playing a leading role in the digital banking revolution”. View source version on businesswire.com: https://www.businesswire.com/news/home/20200520005362/en/ © Business Wire 2020
Expert Collections containing Tuxedo Money Solutions
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Tuxedo Money Solutions is included in 2 Expert Collections, including Payments.
Payments
1,772 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Fintech
4,625 items
Track and capture company information and workflow.