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Paul Townsend

Director at Vitesse PSP Limited

United Kingdom

Overview 

Paul Townsend is the Founder/Chairman of Vitesse PSP, with notable achievements including serving as Chief Strategy Officer e-commerce at Worldpay and founding Envoy Services Limited. His current role involves investing in companies at various stages, with a focus on payments and e-commerce sectors, having invested in companies like Griffin and Curve. Paul Townsend has held significant leadership roles in the payment industry, such as Director of Payment Solutions at Neteller plc and Director-Banking at Earthport plc. He is actively involved in investing in and supporting early-stage companies in the payments and e-commerce sectors, with investments in companies like Veridu and Kwanji.

Work Experience 

  • Director

    2013 - Current

    Vitesse provides a global payments and treasury service focussed on the insurance sector

  • Investor

    2013

    www.vitessepsp.com www.apexxfintech.com www.imaginecurve.com www.savvee.com www.yoti.com www.freemarketfx.com www.bankingcircle.com www.myurbanjungle.com www.gousto.co.uk Griffin.sh

  • Non Executive Director

    2015 - 2018

  • Chief Strategy Officer e-commerce

    2011 - 2013

    Primary focus on partnerships and expansion of the geographical network. New local acquiring licences

  • Founder/COO

    2006 - 2011

    Oversight of operations, compliance and risk as well as management of banking and third party partnerships and sales enagagement. Sale to Worldpay.

  • Director of Payment Solutions

    2004 - 2005

    Banking network management and development of payment partnerships

  • Director-Banking

    2002 - 2004

    Banking partnerships and Board Member

  • Vice President-Treasury

    1996 - 2001

    Vice President FX and Money Market Operations. Also helped set up RBS Trust Bank out of the SG Warburg Custody division.

  • Senior Manager-Structured Derivatives

    1995 - 1996

    Senior Manager Derivative operations

  • General Manager-Corporate Finance

    1985 - 1995

    General Manager. 2 years in Internal Audit.

Education 

Articles About Paul

Relevant Websites