Danish-owned Inpay has outlined plans for further growth in the UK having recently established a second office with its London-based team.
In its Annual Report for 2022, released at the company’s AGM in Copenhagen, the fintech said the volume of international payments it processed in 2022, had increased by two million on the previous year.
The firm said it had doubled the number of UK-based staff to more than 20 full-time employees with plans to further expand over the next year.
Thomas Jul, CEO of Inpay said, “Our core competence is to handle complex payments and ensure that they are executed easily and quickly for our customers and in full compliance with all regulations. In this way, we have turned one of the main challenges of delivering payment solutions into our biggest competitive advantage.”
One of the highlights of 2022 for Inpay was its launch of the PostalPay app in Uganda in partnership with PostBank Uganda and Posta Uganda. Together they collaborated with the IFAD UN fund to introduce the app so Ugandans in Europe could send money home.
“With the structural changes and exceptional senior talent we have brought on board in 2022, we are ready to sustainably accelerate our growth and expand further over the coming years, with the continued goal of democratising payments across the globe,” Jul added.
