myPOS Wins Financial Services Award at FinTech Awards

myPOS has been awarded the Financial Services Award at the Global FinTech Awards 2025, held on 7 October at 155 Bishopsgate in London as part of FinTech LIVE London 2025. 

The London-based payments firm earned recognition for its integrated platform combining hardware, e-money accounts and various payment tools, with instant settlement as a core feature that has transformed how small and medium-sized businesses manage their finances across Europe.

myPOS offers merchants the ability to accept in-person, online and mobile payments through a unified ecosystem where payment acceptance, business accounts, cards, analytics, and financing work together seamlessly – all managed through a single dashboard. 

The Financial Services Award celebrates exceptional products or services that address customer needs while ensuring regulatory compliance and delivering measurable impact on customer engagement and satisfaction.

Exceptional Growth Through Financial Inclusion

myPOS has achieved remarkable growth and customer retention by addressing the needs of businesses historically underserved by traditional financial providers. 

In 2024, the platform's active merchant base grew 25%, from 200,000 to over 250,000 merchants. The biggest contributor to this growth was a 118% rise in micro-business onboarding, a clear indicator of the platform's relevance to the smallest enterprises.

According to the 2024 myPOS Annual Merchant Survey, 55% of respondents were accepting card payments for the first time before joining the platform. 

Today, 67% use myPOS exclusively, and 93% report satisfaction or high satisfaction with the service. These figures reflect the strength of myPOS's value proposition and the loyalty it fosters among merchants who previously lacked access to comprehensive payment solutions.

The platform is also a catalyst for inclusive entrepreneurship. Women-led SME growth was exceptional in 2024: 90% in France, 194% in Greece, 61% in Romania, and 41% in Bulgaria. 

These increases highlight how myPOS lowers the barrier to entry, offering tools that make launching and managing a business more accessible to all, particularly in markets where traditional banking relationships have been difficult to establish.

In Southern Italy, merchant adoption increased by 49% in Calabria and Sicily, and by 108% in Greece, reinforcing the platform's role in reaching regions underserved by legacy banking infrastructure. Real-world applications further illustrate this impact. 

In the UK, Ceroc, a dance events company, switched nearly 50% of ticket sales to card payments with myPOS, using instant funds for marketing and venue costs. 

VendNation replaced coin-based kiosks with smart terminals, enhancing operational transparency. In Budapest, IKEA Hungary installed unattended myPOS terminals in car parks to improve efficiency and reduce cash handling.

Tap to Pay on iPhone has opened new opportunities for mobile and early-stage merchants. 

From freelancers in Athens to street vendors in Naples, independent professionals in Eastern and Southern Europe now use their smartphones to accept secure payments – without hardware or upfront costs. 

Onboarding is fast: over 50% of new UK merchants are trading the same day, and one-third in France and Italy activate within hours. This speed encourages immediate platform adoption and long-term engagement.

Innovative Product Suite Driving Differentiation

myPOS is not just a payment provider—it's an open, all-in-one fintech platform designed specifically to meet the fast-changing needs of small and medium-sized businesses across Europe. 

Launched in 2014, myPOS was the first company in Europe to offer instant settlement at no extra cost, giving merchants immediate access to their funds after every sale – including weekends. This continues to be a cornerstone of the platform, radically improving liquidity for SMEs operating on tight margins or high turnover.

In 2024 alone, the platform processed over €12bn in card payments, a 30% increase year-on-year, reflecting the growing trust it has earned across more than 35 European markets. 

Unlike providers offering fragmented services, myPOS delivers an integrated ecosystem where payment acceptance, business accounts, cards, analytics, and financing work together seamlessly – all managed through a single dashboard, under one contract, with unified support.

Innovation is a driving force. In 2020, myPOS became one of the first in the world to launch a SoftPOS solution, myPOS Glass, turning smartphones into fully certified payment terminals. 

In 2023, this expanded with Tap to Pay on iPhone in partnership with Apple, unlocking payment acceptance for merchants previously limited by traditional hardware requirements.

The platform offers a versatile suite of card machines allowing merchants to choose devices suited to their specific environment. From mobile card readers for couriers to countertop terminals for traditional retail, myPOS delivers flexibility without complexity. 

A standout example is myPOS Sigma, designed for unattended and high-traffic environments such as vending, transport and self-service kiosks. 

Its rugged design, IP65 water- and dust-resistance rating, and secure embedded technology make it ideal for installations in public spaces where reliability and resilience are paramount.

myPOS Sigma enables 24/7 automated commerce in sectors that demand low maintenance and maximum uptime, helping operators scale without manual intervention. 

Its adoption by brands like IKEA, VendNation, and Kebhouze illustrates its value in replacing outdated, coin-based systems with seamless, cashless solutions. 

To support working capital needs, revenue-based financing through partners like Liberis and YouLend is now integrated directly into the platform.

Every myPOS device comes with a free built-in SIM card offering 4G connectivity across Europe – ideal for mobile businesses, transportation and events – enabling true borderless commerce right out of the box. 

The pay-as-you-go pricing model eliminates the burden of monthly fees and long-term commitments, making it especially attractive to seasonal or mobile businesses.

Compliance-First Infrastructure

Compliance is foundational to myPOS's business model and technological architecture. Its two separately regulated entities in the UK and Ireland enable the provision of services across the UK, EU, Switzerland and Gibraltar. 

myPOS client funds are held in designated, segregated tier-one European bank accounts, subject to daily reconciliations, regulatory reporting and annual independent audits.

The platform employs robust anti-money laundering and counter-terrorist financing systems. All merchants are screened against international sanctions lists, politically exposed persons, and adverse media. 

Transactions are monitored in real time and post-event using a machine learning-enhanced rules engine, with alerts escalated to a dedicated 24/7 compliance team. A Big Four audit firm conducts annual AML and CTF reviews.

Technical compliance is equally rigorous. myPOS is PCI DSS Level 1 certified and adheres to EMV standards. All terminals undergo third-party testing for tamper resistance and secure boot validation.