Fast growing fintech firm, Modern World Business Solutions, has been named winner of the ‘Payments Innovation of the Year’ category at this year’s Payments Awards.
The awards, now in their 11th year, recognise and celebrate the most talented companies involved in the payments sector as it continues its exponential growth trajectory.
Modern World Business Solutions was recognised for its innovative dashboard, which is utilised by over 5000 end merchants and 14 acquiring banks. It provides them with a dedicated panel containing valuable information, improving how payment solutions are offered.
Since launching the platform, the business, founded by CEO, Warren Whitfield, in 2018, has grown into one of the UK’s most popular providers for merchant services, having scaled by 300%.
Warren Whitfield, founder and CEO of Modern World Business Solutions, said: “When you are in the midst of a rapidly growing business, there are very few times in a year that you can sit back and take it all in to see how far you have come. Tonight was one of those moments.
“To be sitting at a table at a national payments awards, nominated for the big one was almost enough validation that the team and I needed.
“Seeing our name alongside Visa, eToro, HSBC and the like was enough, but to have our name called out as winners really is a remarkable achievement for a business so young.
“I cannot tell you how proud I am of every single employee that works tirelessly each day to build not only amazing tech, but amazing culture that makes coming to work each day enjoyable. Now – let’s get to developing that next thing!”
Headquartered in Cambridgeshire, Modern World Business Solutions works closely with leading acquiring banks, including Elavon, Worldpay and AIB.
On track to turnover in excess of £3 million by the close of 2023, the business is quickly disrupting the payments industry – with plans in place to launch additional new solutions within the coming months.