Payments tech firm eyes growth after six-figure lift

A payments technology firm is targeting international growth after securing six-figure support.

Iliad Solutions is rolling out plans to expand across the global payments market.

Bosses say the venture will support new contract wins – including work with an international card issuer – and “additional headroom” to strengthen its sector presence.

The blueprint comes after the firm secured a NatWest High Growth IP-backed loan.

Based in Leeds, the business’ software is used by banks, processors, fintechs and financial institutions to test, certify and launch payment products.

Its t3 platform creates a virtual testing environment that allows organisations to deliver functions including card system validation and real-time payments before they go live.

Anthony Walton, Iliad Solutions’ founder and chief executive, said: “NatWest understands our business and the value of our intellectual property.

“This allows them to back our ambition, leaving us to focus on growth and execution towards our aim to be the number one payment testing company in the world.”

Ben McMullan, NatWest relationship director, added: “Iliad is exactly the kind of high-growth, innovation-led business this type of lending is designed to support.”

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