Contis

Description

Contis is your trusted partner for alternative banking and payment solutions. Its mission is simple: to empower companies and people to realise their vision – in business and in life.

Overview

Type:	Private
Funding Status:	Venture Round
Foundation year:	2008
Location:	Skipton, United Kingdom
Number of employees:	101-250
Founders:	Peter Cox
Website:	https://contis.com/

Target geographic market:

Europe

Awards:

The Card & Payments Awards 2016: Best Debit Card Programme of the Year; Emerging Payments Awards 2016: Best Consumer Loaded Payments Programme; Fintech Awards 2017; The Card & Payments Awards 2017: Best Design of the Year; The Sunday Times Hiscox Tech Track 100: No. 78; FT1000: Fastest Growing Companies in Europe; PayTech Awards 2018: Best PayTech Partnership, Client/programme: Wirex; The Best PayTech Partnership at PayTech Awards 2018 for its work with Wirex (July 2018); Contis joins FT1000: Europe’s Fastest Growing Companies, for the second-year running (May 2019); PayExpo Power 10: Recognised the industries leaders, innovators and game-changers. Client/programme: Flavia ranked No3; 2020 Card & Payments Awards Finalist x3; 2020 Fintech Power 50; 2019 Tech Track 100; 2020 FStech Awards Finalist

About Product/Service

Products	White-label card issuing, end-to-end accounts, current accounts, debit cards
Core product offerings for individual/retail customers	UK Business Current Account
Core product for bussiness customers	Contis empowers businesses through market-leading digital and card payment solutions. Always powered by real-time technology and proven, reliable processing. Contis’ end-to-end offering is fully scalable and configurable, providing clients with true choice.
Regulators/Compliance	The platform is fully owned by Contis and is PCI DSS Level 1 compliant, which means Contis doesn’t rely on multiple third-party providers (eg. BIN sponsors, card issuers, payment processors) for its delivery.
The Base Currency	£ (GBP)
Number of Currencies Supported	over 30 currencies, to over 50 countries on 5 continents

Issuing physical card and delivery	Contis provides multiple card options: Physical Cards (Visa Debit, Visa Prepaid, Business or Consumer), Virtual Cards, Mobile Payments (Apple Pay, Google Pay, Samsung Pay). Contis offers BIN Participant Sponsorship.
Money transfers/payments	Faster Payments, BACS, CHAPS, SEPA, P2P, International and more
Other	Additional services: Apps, Customer Service, KYC, SCA, Budgeting Tools, Payroll & Fraud
(b) a business account	Yes
PCI compliance

Key people

Peter Cox Executive Chairman & Founder

Lee Johnstone CFO

Nirav Bhavsar CTO

Jason Ollivier Chief Disruption Officer

Andy Patton Group Chief Commercial Officer

Neil Delaney Managing Director Canvas Europe

Lara Oyesanya General Counsel and Chief Risk Officer

Funding rounds

Last Funding Date	Aug 10, 2016
Last Funding Amount	N/A
Last Funding Type	Venture Round
Total Funding Amount	N/A
Number of Funding Rounds	N/A

Financials

Customer/Products segments	end-to-end banking and payments solutions
Key product offering	white-label card issuing, end-to-end accounts, current accounts, debit cards
Banking license	Contis has an eMoney licence, agency banking agreement and is a principal member of Visa (with an ability to sponsor those looking to issue Visa products)
Type of customers	Businesses
Estimated revenue	$1M to $10M
Number of investors	N/A
Number of lead investors	1
Names of lead investors	YYX Capital

Tech stack

Is your banking platform fully developed internally or customized from a third party platform?	The platform is fully owned by Contis and is PCI DSS Level 1 compliant, which means Contis doesn’t rely on multiple third-party providers (eg. BIN sponsors, card issuers, payment processors) for its delivery.
Languages	English

Competitors

Save comparison	Founding Date	Type	Tags
x Neon (Switzerland) Neon is an independent Swiss mobile account.	2017	Private
x BABB BABB is a world bank for the micro-economy: a...	2017	Private	fintech, challenger banks
x DUedil DueDil is a company intelligence platform that...	2011	Private
x Soldo Soldo is the pay and spend automation platform...	2015	Private	Challenger banks, fintech
x Neon (Brazil) Neon is a digital bank that offers credit cards,...	2016	Private