Our story, our mission, and the path forward.

Vitesse was founded in 2014 by Phil McGriskin and Paul Townsend, who had previously built and sold Envoy Services, a payments business acquired by Worldpay in 2011. The company initially focused on cross-border B2B payments but pivoted to insurance in 2021 after recognizing a critical gap in the market. Insurance businesses managing billions in premiums and claims lacked real-time visibility and control over funds moving between carriers, brokers, MGAs, and reinsurers. Vitesse built a treasury and payments platform specifically designed for this complexity, providing real-time oversight, regulatory-grade safeguarding, and faster settlement cycles across global insurance operations. The platform serves the Lloyd's marketplace and the wider insurance company market globally, acting as the financial infrastructure that connects carriers, delegated authorities, brokers, and service providers.
Multi-market Regulated.
Vitesse operates under multi-jurisdictional regulatory oversight, ensuring the trust and compliance required to serve as financial infrastructure for the global insurance ecosystem.
United Kingdom
Vitesse PSP Ltd. is regulated by the Financial Conduct Authority (FCA Reference 900646) under the Electronic Money Regulations 2011. Registered Office: 9th Floor, 107 Cheapside, London, EC2V 6DN. Registered in England, Number 08461258.
United States
Vitesse Trust Company, LLC is chartered as a limited purpose trust company by the New York State Department of Financial Services. Registered Office: 155 Fifth Avenue, 4th Floor, New York, NY 10010. European Union
Vitesse PSP BV is regulated by DNB (R140513) under PSD2 as a Payment Institution. Registered Office: Blaak 34, 3011 TA Rotterdam, The Netherlands. CoC Number: 69485445.


