About us

Learn who we are, what we do, and how we came to be.

Vitesse Team Image
Payment to full insurance stack imageVitesse 3D Cube
Some history

From Payments to Full Insurance Stack.

Vitesse was established in 2014 to fix the opaque, costly and outdated payments process. The management team had previously changed the face of local collections with Envoy Services (acquired by Worldpay in 2011) and had a clear vision of what was needed based on a collective payments experience of over 100 years.

Fast forward to 2022 – Leveraging the growing traction in both the Lloyd's marketplace and the wider company market, Vitesse specializes in insurance. We now provide carriers and claim administrators with integrated treasury and payment solutions, offering a single connection to a network of domestic clearing systems for fast and full‑value payouts to claimants. Additionally, we provide a real‑time view of global liquidity.

Vitesse empowers clients to further digitise their claims operations and gain a significant competitive advantage over their peers.

Our story

Our success story so far

Vitesse Block Fusica
2014
$1M Venture round
Vitesse Block Fusica
2015
Vitesse solutions for corporate, HR, commerce
Vitesse Block Fusica
2017
£500M of annual processed payments
Vitesse Block Fusica
2019
£1B of annual processed payments
Vitesse Block Fusica
2020
$6.6M series A funding
Vitesse Block Fusica
2021
£2B of annual processed payments
Vitesse Block Fusica
$26M series B funding - Strategic pivot to insurance
Vitesse Block Fusica
2022
Launch of Faster Claims Payment (FCP) with Lloyd's of London and LIMOSS
Vitesse Block Fusica
2023
FCP wins 'Claims Initiative of the Year' at the Insurance Post British Insurance Awards
Vitesse Block Fusica

Surpassing the £10B mark in processed payments since our inception!
Vitesse Block Fusica
2024
Vitesse raises $93m in Series C funding led by KKR to propel US expansion and product development.
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Vitesse Block Fusica

Vitesse earns a place in the Sunday Times 100 annual list of Britain’s fastest-growing private companies.
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Vitesse Block Fusica

NY DFS grants approval to Vitesse Trust Company, LLC, headquartered in New York City, to lead its U.S. expansion.
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Compliance

Multi-market Regulated.

Vitesse is strategically positioned for global expansion by pursuing licensing in diverse geographical regions. With licensing achieved in the UK through the Financial Conduct Authority (FCA) and in Europe via De Nederlandsche Bank (DNB), we are now actively pursuing a license in the United States, in New York State. The company has set its sights on further markets, starting with Asia.

Phillip McGriskin
"Vitesse brings the strength of the global banking network together with leading technology. We give our customers unparalleled control, transparency and efficiency for the holding and management of funds and liquidity."

Phillip McGriskin

Chief Executive Officer

Join our team.

We’re always seeking talented individuals to join our team. If you are interested in revolutionising claim operations for the insurance industry and have a knack for innovation, operations or sales, we invite you to explore our job openings.