Aspirity completes first investment, partnering with Paymentology

London, 12 May 2026

Aspirity Partners I (“AP I”) has completed a strategic minority investment in Paymentology, a leading global modern issuing and payments processing platform serving banks and fintechs. The transaction represents Aspirity’s first investment following the final close of its very successful inaugural fund.

Aspirity Partners I closed at €890 million, reaching its hard cap within six months of launch, and was significantly oversubscribed, reflecting strong demand for its differentiated, sector-specialist strategy focused on European financial and enterprise technology & services companies. AP I is one of the largest first-time funds in Europe ever, and one of the largest new funds raised in the world in 2025.

Headquartered in London, Paymentology is a leading global modern issuer processor built on a fully cloud-native architecture. The company enables fintechs, digital banks and financial institutions to launch, scale and manage card programmes rapidly across global markets, with real-time control and flexibility.  As many institutions continue to rely on legacy issuer-processing infrastructure that limits speed and innovation, Paymentology provides a modern alternative supporting a range of use cases including digital banking, embedded finance, digital asset-linked programmes and expense management platforms. With a growing client base spanning 68 countries, the company is increasingly selected by high-growth organisations seeking scalable, resilient issuing infrastructure.

The investment sits squarely within Aspirity’s strategy of partnering with businesses within Financial Technology & Services and Enterprise Technology & Connectivity Services. Paymentology was identified through Aspirity’s proactive thematic origination efforts, reflecting its deep understanding of complex payments ecosystem participants benefiting from broader, powerful secular trends.

The opportunity to partner with Paymentology culminated in a bilateral discussion, owing to the strong relationship established with management and shareholders and Aspirity’s deep credentials within the sector, including the contribution of a number of Aspirity’s Innovators and Leaders.

Joseph O’Mara, Founder and Managing Partner at Aspirity Partners, said:

“Paymentology is wholly aligned with the opportunity we set out during fundraising for AP I. It operates in a structurally attractive segment of the payments ecosystem, where depth of specialism is important to the evaluation of and future partnership with the business. The opportunity was the downstream outcome of our proactive origination model and, very importantly, the contribution of our Innovator and Leader network.

We have been engaged with the Company for over a year through a close, relationship-led process and have been truly impressed by the progress Jeff and the team have made across several areas. This is now visible in their performance, modern technology platform, innovative payment solutions, best-in-class processes, and impressive forward pipeline with global fintech and banking leaders. We believe the business is exceptionally well positioned in an exciting market, and we look forward to supporting them to achieve their full potential.”

Jeff Parker, CEO at Paymentology, said:

“We are pleased to welcome Aspirity as an investor. Their experience, deep understanding of our market and alignment with our long-term strategy make them a strong addition to our shareholder base. Our clients are operating in a fast-moving payments landscape, where speed, flexibility and control are increasingly important to competing effectively. This investment will help us accelerate product innovation, expand our capabilities and continue supporting current and future clients as they scale, adapt and deliver better outcomes for their customers globally.”

Aspirity was advised by Perella Weinberg as exclusive financial advisor, Proskauer as legal advisor, Bain & Company on commercial due diligence, PwC on tax structuring, and Crosslake on technology due diligence.