First Capital Cashflow has been recognised as one of the leading contributors in the Fintech industry this year.

First Capital Cashflow has been shortlisted as one of the five leading regulated organisations in the Emerging Payments Awards, which celebrate companies that have made significant advances within the payment arena.

The award nomination comes as the business enjoys record breaking financial success, processing £8 billion worth of Direct Debit and Direct Credit transactions for clients last year, the largest amount in the businesses 15-year history.

First Capital Cashflow processed Direct Credit payments and Direct Debit collections for a wide range of clients including the UK’s first challenger bank, public sector bodies and leading insurance and energy companies.

Conrad Broadbent, Managing Director of First Capital Cashflow, said:

“The business has gone from strength to strength in recent years, repeatedly breaking our own records and continually growing our client base.

“We constantly update our technology and always seek to be at the forefront of Direct Debit and Direct Credit development, driving the industry forward to offer the best service possible to clients.

“It is great to see our contribution the Fintech industry recognised by our peers and we’re all looking forward to the awards in October.”

Other organisations shortlisted include Amazon Pay, Apple Pay, the Post Office and Mastercard.

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