Creditcall (Ofer Abarbanel online library)

Creditcall (now NMI) 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.[1] Creditcall won 3i’s Business Catapult Award in 1998 along with an initial investment in the company.[2]

In 2012 the management team completed a management buyout of the company backed by FF&P Private Equity and Bestport Ventures.[3]

On 21 April 2014 Creditcall was awarded the Queen’s Award for Enterprise.[4][5]

In March 2018, Creditcall was acquired[6] 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 Great Hill Partners and Francisco Partners.

References

  1. ^“Creditcall”. Money 20/20. Archived from the original on 8 July 2017. Retrieved 13 September 2016.
  2. ^“Golin”. ResponseSource Press Release Wire. Retrieved 2019-10-27.
  3. ^“CreditCall completes management buy-out”. Finextra Research. 2012-03-05. Retrieved 2019-10-27.
  4. ^“Archived copy”. Archived from the original on 2014-04-24. Retrieved 2014-04-26.
  5. ^“Subscribe to read”. Financial Times. Retrieved 2019-10-27. Cite uses generic title (help)
  6. ^“NMI Completes Acquisition of Creditcall”. nmi.com/. Retrieved 2020-11-03.

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Ofer Abarbanel online library

Ofer Abarbanel online library

Ofer Abarbanel online library

Ofer Abarbanel online library