Prepaid Financial Services (PFS) CEO Nominated for EY Entrepreneur Of the Year™ Award

LONDON, May 31, 2016 /PRNewswire/ --

Prepaid Financial Services (PFS) are delighted to announce that their CEO, Noel Moran, has made the shortlist in the International category of the EY Entrepreneur Of the Year^™ Ireland. 

Now in its 30^th year globally, the EY Entrepreneur Of The Year^™ programme celebrates exceptional entrepreneurs who can see the future, and through their businesses, are helping to redefine it. The competition is run in 145 cities across 60 countries with just one winner being selected from each country.

The EY Entrepreneur Of The Year™ programme has been running in Ireland for over 18 years, which has been identified as one of the strongest programmes worldwide. Noel has been nominated in the International category for PFS and Navan based eCOMM Merchant Solutions.

PFS has grown significantly year on year; from humble beginnings operating from a kitchen table in Navan, Ireland, the company now employs 128 dedicated and committed members of staff across three different locations. The company is acknowledged as the fastest growing MasterCard prepaid issuer in Europe, with a customer base of 2.5 million cardholders, and a further 1.3 million new prepaid cards due to be issued in 2016 alone.

eCOMM Merchant Solutions deals with the provision of online payments facilities for merchants throughout Europe. Noel feels passionately about demonstrating that Ireland based FinTechs are on an equal footing with other countries and are not inhibited by being based outside of 'financial hubs' like London.

Noel Moran, CEO, Prepaid Financial Services said: "PFS is acknowledged as the fastest growing MasterCard prepaid issuer in Europe with a customer base of 2.5 million cardholders, and we are incredibly proud of the company's achievements, which we have worked hard to build together.

PFS has been providing its payments technology and range of e-money and banking solutions to governments, local authorities, mobile network operators, banks and corporates globally, for a number of years now. In fact, by the end of this calendar year, we will have more customers and cardholders than any Irish Bank - all without funding or external investment."

The Irish entrepreneur winners will be announced at a prestigious Awards Gala held in Dublin in October 2016. Following this, the country winners of the EY Entrepreneur Of the Year^™ programme from across the globe will then go on to compete for the coveted title of EY World Entrepreneur Of the Year™ at the global awards ceremony, which is due to be held in Monte Carlo in June 2017.

Notes to editors

About Prepaid Financial Services:

Prepaid Financial Services (PFS) is an award winning payments technology specialist offering a comprehensive range of e-money and banking solutions including e-wallets, physical and virtual prepaid cards and current accounts in the UK and the Eurozone. Authorised and regulated by the FCA in the UK, PFS has passported its e-money license across the SEPA region to enable card issuance throughout the region.

Founded in 2008, PFS is now one of the fastest growing issuers in Europe, with programmes live and active in 23 countries with the ability to transact in 20 different currencies. Its products and cutting-edge technology platforms are utilised by governments, local authorities, mobile network operators, banks and corporates globally.

PFS has been listed within the top 25 fastest growing technology companies in the UK by the Sunday Times Tech Track 100 for 3 consecutive years and most recently ranked number 108 in Deloitte's EMEA Technology Fast 500.

For more information about PFS's payment solutions please contact: [email protected]

SOURCE Prepaid Financial Services (PFS)