PFS Management & Staff in the UK, Ireland & Malta collectively celebrating this week

News Archive.


Prepaid Financial Services Limited (PFS), one of Europe's biggest electronic money issuers, has achieved a landmark in its history by loading just over £1 billion pounds onto e-money accounts. In comparison, £812.5 million was loaded in 2016. Management and staff at the company's locations in the UK, Ireland, and Malta joined in the celebrations:

The good news, shared internally last week, follows 8 years of dedicated work in the innovative FinTech environment in the European Economic Area. Before midnight on Friday, November 10th, PFS processed a load to an e-money account which meant the company hit the magic £1,000,000,000 figure for loading in the year-to-date. This number does not take into account third-party payments (which are not loaded onto e-money accounts). Importantly, the overall processing figure for the year will be revealed in early 2018. The positive news continued as it has also been revealed that over 4 million e-money accounts have now been issued over the lifetime of the company.

Noel Moran, CEO, PFS, stated, "This is a major milestone and one that everyone has worked very hard to achieve. In terms of the exact figures, these are massive numbers for us as a company. I would like to extend my sincere thanks to our clients, e-money account users, and team for the hard work that has been put into getting us to this point in time. Our next goal is to reach £2 billion in loading and it will not take us 8 years to achieve this milestone."

The Founder, who now employs 194 people in the UK, Ireland, and Malta, is set to unveil the winners of this year's €1,000,000 Innovation Fund in January 2018. The closing date for entries from entrepreneurs, small to medium enterprises, and schools is Thursday, November 30th, 2017. To date, entries have been received from Europe and Asia. For further details see:




Witness the Positive Impact of Prepaid Cards on Syrian Families in GreeceNoel & Valerie Moran Featured in The Irish ExaminerTechIreland Innovation Nation 2018 Book Features PFSPFS CEO, Noel Moran, on stage with The Economist in GreeceTV3's Saturday AM show live in studio with PFS CEO Noel Moran & a winner of the €1M Innovation FundPFS CEO, Noel Moran, live in studio on RTÉ Radio 1's Today with Sean O'Rourke showPFS' Valerie Willis discusses our Nourish Their Lives Campaign in partnership With The WFP Today's FM PodcastEuropean Business Awards Name PFS UK Digital Technology WinnerThe Sunday Business Post publishes extensive feature on PFS CEOPFS Named UK National Winner in European Business AwardsPFS Ranked on Deloitte’s Technology Fast 500 EMEA for 3rd Consecutive yearFintech revolution hits regions as Navan native’s start-up processes £2.8bnThe Irish Daily Star Tip of the Week PFS engage with Mastercard and WFP in an attempt to eradicate World HungerPFS Management & Staff in the UK, Ireland & Malta collectively celebrating this weekPFS is Ranked in The Sunday Times Hiscox Tech Track 100 2017 for the 5th Year in a Row - The Only Company on the List to Do SoNoel Moran Saturday AM InterviewNewstalk Podcast with Noel MoranPrepaid Financial Services Case Study Highlights Success of New RBBC Debt Collection Solution Prepaid Financial Services (PFS) Announces 2016 Annual Growth of 45% (to EUR47.6m) as the Company Continues its ExpansionIrishman Launches €1Million Fund To Help New InnovatorsPFS Launch €1Million Innovation FundMajor Recruitment Drive Announced for NavanMoneymailme Partners with PFS to launch virtual and physical cards Prepaid Financial Services (PFS) is Delighted to Announce that it has Received the Queen's Award for Enterprise, in Recognition of the Exceptional Growth and Commercial Success Achieved Over the Past Three Years PFS Continue their Expansion and Welcome API Developers to Integrate with Their Core Banking Platform in Light of Various Competitors Withdrawing the Service Prepaid Financial Services (PFS) Awarded the North-East Procurement Organisation (NEPO) Framework for Prepaid Card Accounts PFS to Become the Largest Individual Manager of Prepaid Card Programmes for the Distribution of Government Solutions in the UK Prepaid Financial Services (PFS) Acquires Software Development House Spectre Technologies Limited London's Shared Service Alliance of Hammersmith & Fulham, Kensington and Chelsea, and City of Westminster Appoints Prepaid Financial Services (PFS) to Manage its Direct Payments Prepaid Card Programme Torbay and South Devon NHS Foundation Trust Appoints PFS to Manage Its Direct Payments Prepaid Card ProgrammeRed Cross Provide Prepaid Solution to Support Extends Partnership With PFS to Launch Direct Debit Solution for its International Clients Prepaid digital money programme rolled out for aid organisation Prepaid Financial Services (PFS) Pick Up Prepaid Service Provider of the Year at Prepaid Summit Europe 2016 AwardsPrepaid Financial Services (PFS) Announce Results of Their Award-winning Prepaid Solutions for Events and FestivalsPrepaid Financial Services (PFS) announces circa 60%+ growth in turnover and profit for half year to 30.6.2016 Prepaid Financial Services (PFS) Announces the Creation of 50 New JobsEthical Belgian cooperative society NewB selects PFS to provide first productLargest Slovenian bank NLB partners with PFS for prepaid contactless programmeBacs supports PFS to become the first non-bank entity to enable current account payment switchingPFS selected to roll out a National Government payment card programme for Asylum Seekers in Europe