Planet

Planet Payment was founded in 1999 by Philip Beck and Jonathan Ellis. The company was established with a vision to simplify and innovate payment processing solutions for merchants and consumers worldwide. Their primary focus was on providing multi-currency payment and data processing services, which allowed merchants to offer their customers the ability to pay in their home currency.

Over the years, Planet Payment expanded its services and reach, becoming a significant player in the payment processing industry. The company went public in 2006, listing on the London Stock Exchange's AIM market, which marked a significant milestone in its growth journey.

In 2017, Planet Payment experienced a pivotal moment when it was acquired by Fintrax Group, a leader in multi-currency digital payment processing, for approximately $250 million. This acquisition was a strategic move to enhance Fintrax's service offerings and expand its global footprint.

Today, Planet Payment continues to operate under the Fintrax umbrella, contributing to the group's mission of providing innovative payment solutions across the globe. The company's journey from a startup to a key player in the payment industry highlights its commitment to innovation and customer-centric solutions.