Creditcall Limited
TypePrivate
Founded1996
HeadquartersBristol, UK
Area served
UK, Europe, North America
Key people
Vijay Sondhi, Nick Starai, Matt Schmidgall, Jeremy Gumbley
ProductsEMV, Contactless payment, Payment gateway, E-commerce, M-commerce, Vending, Parking, ATM
WebsiteNMI.com

Creditcall (now NMI)[1] is a payment service provider and payment gateway with offices in the United States and UK, providing credit card authorisation and settlement services to banks and processors in the United Kingdom, United States and Canada.

History

Creditcall Limited, originally Creditcall Communications Limited, was founded in 1996. Later, a North American subsidiary, Creditcall Corporation, was incorporated in 2005. The name Creditcall is derived from the name of Creditcall's first product, a telecommunications service that enabled callers to bill telephone calls to their credit or debit card.[2] Creditcall won 3i's Business Catapult Award in 1998 along with an initial investment in the company.[3]

In 2012 the management team completed a management buyout of the company backed by FF&P Private Equity and Bestport Ventures.[4]

On 21 April 2014 Creditcall was awarded the Queen's Award for Enterprise.[5][6]

Acquisition

In March 2018, Creditcall was acquired[7] by US-based payments' technology company NMI. NMI is headquartered in Schaumburg, Illinois, with offices in Utah, New York, and Bristol, UK. NMI is backed by US private equity firms Insight Partners, Great Hill Partners and Francisco Partners.

References

  1. ↑ "NMI Agrees to Acquire Creditcall to Expand EMV and Omnichannel Capabilities". www.businesswire.com. 20 February 2018. Retrieved 10 February 2023.
  2. ↑ "Creditcall". Money 20/20. Archived from the original on 8 July 2017. Retrieved 13 September 2016.
  3. ↑ "Golin". ResponseSource Press Release Wire. Retrieved 27 October 2019.
  4. ↑ "CreditCall completes management buy-out". Finextra Research. 5 March 2012. Retrieved 27 October 2019.
  5. ↑ "Bristol businesses awarded Queen's Awards for Enterprise | Bristol Post". Archived from the original on 24 April 2014. Retrieved 26 April 2014.
  6. ↑ "List of 2014 Queen's Awards for Enterprise winners". Financial Times. Retrieved 27 October 2019.
  7. ↑ "NMI Completes Acquisition of Creditcall". nmi.com/. 5 March 2018. Retrieved 3 November 2020.
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