27 April 2021

CIP Founder Recognised in the Forbes 30under30 Class of 2021

Written By Card Industry Professionals

CIP Founder Recognised in the Forbes 30under30 Class of 2021

Forbes has recognised Ciaran Savage, founder and Director of UK-based Card Industry Professionals, as one of the ones to watch in Europe in their ‘Class of 2021’. 

They feature Ciaran in the Finance category in this year’s ‘Forbes 30 under 30 Europe’ list.  

Being named in such a prestigious title is a testament to the success that Ciaran and the team have had to take the company from inception in 2017 to £1m+ in annual revenue by the 4th year of trading.

Ciaran said, ‘I am proud of the journey that the team and I have been on and I am excited about our future growth.

“It is a real honour to be listed alongside exciting entrepreneurs, emerging talent and innovators within the finance sector in Europe. Thank you to Forbes for the recognition and inclusion in this years’ list and thank you to all the staff at CIP who have contributed to our success.”

The accolade comes close on the heels of a nomination for CIP in two categories at this year’s Card and Payments Awards for ‘Best Payments Industry Newcomer’ and ‘Innovation in Retail Payments’, up against the likes of Barclays, Natwest, Lloyd’s, Mastercard & Square, a further indication of the impact CIP is making in the Fintech arena.

“We are seeing growth month-on-month, and we have diversified into e-commerce gateways, virtual terminals and order and pay platforms,” he said. “We have shifted the business model rapidly to work through the pandemic, but it was always the plan.”

Ciaran Savage founded Card Industry Professionals (CIP) as he wanted to offer merchants a better solution. Having previously worked in the industry in a sales capacity, he despaired at the hidden charges and poor customer service he had witnessed and determined to shake things up.

Since 2017 the company has gone from strength to strength and has seen revenues increase 100% year-on-year.

“We’re looking forward, post-Covid, to a full year of consistent sales and transactions to see where the revenues go then.

“We had the experience of traditional card machines in salons, bars and butchers, we looked at what else there was a need for. There is such a market out there now desperate for help to set up, and I’m a believer that if you get that right, people will remain with you long term.”

Up Next ...
23 September 2022

Thought Machine partners with Trade Ledger

 Lending technology provider Trade Ledger has partnered with cloud-native banking ...

23 September 2022

Rise Start-Up Academy to focus on laid off talent

Rise created by Barclays has pivoted its Start-Up Academy in ...

23 September 2022

Wise Platform launches “How we’re fixing” series with FinTech experts

Wise Platform, the part of Wise that enables businesses to ...

22 September 2022

Spotlight on… Maria Campbell, Griffin Bank 

Although an emerging and fast-changing sector, many areas of FinTech ...

More in Business

NatWest Business launches campaign for TikTok entrepreneurs

30 June 2022

NatWest has launched a TikTok campaign to reach out to ...

Payhawk raises £83mn for international expansion 

23 November 2021

Payhawk, a Lonon based FinTech, has raised £83mn in its ...

Posted By The Community

Business leader calls on the Chancellor to support share schemes ahead of Autumn Budget.

25 October 2021

“Share schemes are vital to the UK’s pandemic bounceback.”On Wednesday, Rishi Sunak will be unveilin...

Written By: Vestd

Posted By The Community

Sokin targets business payments

08 April 2021

Sokin, the new payments-focused fintech, has launched Sokin Enterprise, its global payments platform...

Written By: Sokin

Articles Business

UK Family Business Outlook - Explore the findings from our interviews with family business leaders

15 April 2021

PwC has talked to dozens of family business leaders across the UK. Many had reached a point of infle...

Articles Business

Brexit: Fresh Perspectives

24 March 2021

The UK has left the EU but there remains a vast array of operational and legal issues for businesses...

Thought Leadership Business

Implications of the EU-UK Trade and Cooperation Agreement for Financial Services

12 January 2021

With the EU-UK Trade and Cooperation Agreement of 24 December 2020 ("Agreement"), the UK a...

Articles Business

Taking the fear out of transactional options

09 November 2020

One of the more confident predictions we can make of the coming months is that there will be a rise...

There are no Events in this category