Vitesse

What Vitesse does

Vitesse is a financial infrastructure company that provides treasury, payment, and fund-control solutions purpose-built for the global insurance ecosystem. Founded in 2014 and headquartered in London, the company operates a digital platform that gives insurers, Managing General Agents (MGAs), Third-Party Administrators (TPAs), and brokers real-time visibility and centralized control over claim funds, automates reconciliation, and executes same-day or instant payouts across 200+ countries and currencies. The platform is organized into core solutions (Treasury, Claims Payment, Risk Sharing Payments, Dashboard and Insights) and specialized solutions (Claimant Experience, Vendor Pay, Faster Claims Payment for Lloyd's, Premium Orchestration, and Market Data and Reconciliation), with deeper workflows for delegated authority, quota share, and protected cell captive structures.

The technology stack is differentiated less by novelty in payments rails and more by insurance-specific interoperability: Vitesse is integrated with the Lloyd's Market Association and LIMOSS (serving 700+ FCP binders), and maintains pre-built connections to 550+ ecosystem participants, allowing new partners to be onboarded in days rather than months without opening new bank accounts. The company is regulated as an e-money issuer by the UK FCA, as a limited purpose trust company by the New York Department of Financial Services, and as a PSD2 payment institution by the Dutch central bank (DNB), and is ISO 27001 certified.

Vitesse generates revenue primarily through transaction and platform fees on payment processing, treasury management, and ecosystem access, delivered via a B2B enterprise sales motion with quote-based pricing. It serves global carriers, MGAs, TPAs, and use-case segments including travel/healthcare, parametric, and Lloyd's market participants, with named customers such as Brit Insurance, ManyPets, Wakam UK, Hausch and Company, and Mayfair We Care. The company raised a $93M Series C led by KKR in 2024 to fund US expansion, and has subsequently built out North American and European commercial leadership and added strategic distribution partnerships with PwC and Wakam.

Name

Vitesse

Legal name

Vitesse PSP Ltd.

Website

https://vitessepsp.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Vitesse is a London-based financial infrastructure provider that delivers treasury, payment, and fund-control solutions for the global insurance ecosystem, connecting 550+ insurers, MGAs, TPAs, and brokers across 200+ countries with multi-jurisdictional regulation (FCA, NYDFS, DNB).

Ownership category

akta.pro rank

Product category

Insurance Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Finance Services (6199)

akta.pro industry

PRIMARYFSAGAGAI

Billing, Payments & Premium Finance Platforms

Financial & Insurance/Financial Technology (Fintech)/Insurtech Platforms (Digital Insurance Enablement)

SECONDARYFSABAIAE

Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Transaction Banking (Cash Management & Treasury Services)

SECONDARYFSABALAB

Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Banking Operations & Shared Services (Back Office, BPO/SSC)

Keywords

• Insurance treasury management
• Claims payment infrastructure
• Insurance payment processing
• Risk sharing payments
• Delegated authority payments

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Treasury and Payment Processing: Revenue generated from payment processing fees for claim fund transfers, treasury management services, and payment rails. Platform fees for access to the connected ecosystem of 550+ partners.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Vitesse provides a digital treasury and payments platform purpose-built for the insurance ecosystem, enabling insurers, MGAs, TPAs, and brokers to centralise control and visibility over claim funds, disburse claims via multiple payment rails, automate reconciliation, and handle complex multi-party risk-sharing structures. The platform includes core products (Treasury, Claims Payment, Risk Sharing Payments, Dashboard and Insights) and specialised solutions such as Claimant Experience, Vendor Pay, Faster Claims Payment (FCP) for Lloyd's, Premium Orchestration, and Market Data & Reconciliation, operating across 200+ countries with multi-jurisdiction regulatory licensing.

Product overview

Vitesse is a unified digital-first financial infrastructure platform for the insurance ecosystem, combining treasury management, payments processing, and reconciliation capabilities. The core platform is organized around Core Solutions (Treasury, Claims Payment, Risk Sharing Payments, Dashboard and Insights) and Specialised & Use-Case Solutions (Claimant Experience/Payee Choice, Vendor Pay/Merchant Pay, Faster Claims Payment/FCP for Lloyd's market, Premium Orchestration, Market Data and Reconciliation). The platform operates across 180+ countries and currencies with multi-market regulation (UK FCA, US NYDFS, EU DNB), serving over 550 connected partners including insurers, MGAs, TPAs, and brokers.

Differentiator

Problem solved

Functional benefit

Brands

• FCP (Faster Claims Payment): An award-winning solution created in partnership with Lloyd's of London and LIMOSS that accelerates claims payments while minimizing loss funds in the Lloyd's marketplace.

Products and services

• Treasury Centralised control and visibility over claim funds, providing real-time insight into where funds are located, who is using them, and what is available across the insurance ecosystem.
• Claims Payment Fast, reliable payment solution enabling same-day or instant payments via bank transfer, eCheck, pay-to-card, or wallet to claimants when they need funds most.
• Risk Sharing Payments Enables control over how co-underwriters and reinsurers fund each claim, handling complex structures including quota shares, protected cell captives, and multi-party flows.
• Dashboard and Insights Tools, insights, and controls for the insurance ecosystem providing real-time data sharing, performance benchmarking, and automated monitoring for insurance financial operations.
• Claimant Experience (Payee Choice) Faster, safer payouts with claimant choice, enabling payments through preferred methods including bank transfer, eCheck, pay-to-card, or wallet.
• Vendor Pay (Merchant Pay) Simple, cost-effective payments to approved suppliers and vendors within the insurance ecosystem.
• Faster Claims Payment (FCP) Accelerated claim settlement solution for the Lloyd's market, developed in partnership with Lloyd's of London and LIMOSS, reducing claims funding windows and improving liquidity for over 700 binders.
• Premium Orchestration Automated premium collection and distribution across insurance programs, managing complex premium flows for delegated authority arrangements.
• Market Data and Reconciliation Vitesse cashbooks solution for streamlining reconciliation and market data management across the insurance ecosystem with automated financial data processes.

Quantifiable outcome

• Release up to 80% of capital sitting idle in claim accounts
• +5 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• PwCcoreStrategic or Co-development Partner · 18 June 2026Partnership to deliver a digital payments and treasury management proposition for the delegated authority insurance market, targeting insurers, MGAs, and TPAs. Combines Vitesse's digital payment infrastructure with PwC's insurance operations expertise to address challenges around loss fund management, cash visibility, and operational efficiency. Helps market participants move away from fragmented banking relationships toward automated fund management.
• Wakam UKcoreTechnology or Integration · 15 December 2025Partnership to modernize claims funding across UK and European operations. Replaced manual claims funding processes with Vitesse's centralized real-time financial platform, cutting the typical 16-24 week claims funding window to approximately 6-7 weeks. Over 50 MGA and TPA partners onboarded to the platform. The freed capital is being reinvested into new product launches and faster expansion across Europe.
• Lloyd's Market Association (LMA) / LIMOSSflagshipStrategic or Co-development Partner · 25 November 2025Three-year contract renewal to continue providing the FCP (Faster Claims Payment) Service, which improves treasury management and claims payments in the Lloyd's market. The solution is used by over 700 binders and enhances efficiency and liquidity with plans for future platform improvements involving key market groups.
• Lloyd's of LondonflagshipStrategic or Co-development PartnerPartnership with Lloyd's of London and LIMOSS to create FCP (Faster Claims Payment), an award-winning solution that accelerates claims payments while minimizing loss funds in the Lloyd's marketplace.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• One Inc: One Inc provides digital payment infrastructure specifically designed for the insurance industry, similar to Vitesse's payer/receiver solutions for insurers, MGAs, and TPAs. Both target insurance claims payments, premium collection, and disbursements as their core use case.
• Modern Treasury: Modern Treasury is a payment operations platform offering real-time treasury management, reconciliation, and multi-rail payments for enterprises. While not insurance-verticalized like Vitesse, it competes for the same enterprise treasury and payment orchestration workloads Vitesse serves.
• Trovata: Trovata offers a treasury management platform for corporates with cash visibility, forecasting, and bank aggregation. It overlaps with Vitesse's treasury product layer for enterprise insurance carriers managing multi-currency claim funds.
• HighRadius: HighRadius provides treasury, receivables, and payment automation for mid-market and enterprise customers. Its treasury management capabilities overlap with Vitesse's reconciliation and cashbook product layer for insurance finance teams.
• Currencycloud: Currencycloud (now part of Visa) provides cross-border payment infrastructure and FX capabilities for businesses. Its multi-currency payment rails overlap with Vitesse's 200+ country/currency global claims payment capabilities.
• Dwolla: Dwolla provides ACH and open banking payment infrastructure to businesses, including payouts at scale. Like Vitesse, it offers bank transfer, eCheck, and pay-to-card style rails used to disburse funds to claimants and suppliers.

Broad incumbents

• Stripe Treasury: Stripe Treasury offers embedded treasury accounts via banking partners and is part of the broader Stripe payments platform. While horizontal in scope, it competes for embedded payments and treasury use cases and could extend into insurance via Stripe Payments' vertical solutions.
• Insurity: Insurity is an insurance technology platform providing claims, billing, and analytics solutions to carriers, MGAs, and TPAs. Its claims management stack competes adjacently with Vitesse's claim fund management and payment workflows within insurance operations.
• Duck Creek Technologies: Duck Creek provides a core insurance suite (Policy, Billing, Claims) for property/casualty carriers, with Vitesse-like disbursement handling embedded. It is a horizontal insurance platform that competes in the operational layer where Vitesse integrates.
• EIS Group: EIS Group offers a digital insurance platform for carriers covering policy administration, claims, billing, and customer engagement. As a broad incumbent in insurance core systems, it competes and integrates with vertical payment/treasury providers like Vitesse.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vitesse-psp
• Xx.com/vitessepsp

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vitesse