News from the Wire

PayPoint, Handepay celebrate record year in business lending

Friday, April 10, 2026 — 16:02:05 (UTC)

PayPoint and Handepay Celebrate Record Year in Business Lending, Surpassing £100m in Funding

Welwyn Garden City, UK, 10th April 2026: PayPoint and Handepay have surpassed £100 million in total funding delivered to UK merchants and retailers, following a record year for business lending.

During the 2025/26 financial year, funding reached £33 million, representing a 39% year-on-year increase from £23 million, as more independent businesses turned to fast, flexible finance to fuel growth and manage day-to-day trading.

Delivered in partnership with YouLend, the funding solution gives both PayPoint and Handepay customers seamless access to cash advances, enabling them to act quickly on opportunities without the delays or rigidity of traditional lending.

Demand has been strongest across hospitality, grocery and convenience, and health and beauty sectors where speed, flexibility and cashflow are critical. Businesses are using funding to invest in stock, upgrade equipment, refresh their premises and stay resilient through seasonal peaks and quieter trading periods.

Unlike traditional finance models, repayments are automatically aligned to daily card takings, giving business owners greater confidence and control over their cashflow as they grow.

Since launching in 2020, the service has become a key part of Handepay and PayPoint’s broader proposition – reinforcing their role as trusted partners to independent businesses, not just for card payments, but for long-term growth and success.

Mark Latham, Managing Director of Merchant Services at PayPoint, said:

“Surpassing £100 million in funding is a significant milestone and reflects the real, everyday impact this support is having on independent businesses across the UK. The strong growth we’ve seen over the past year shows just how important it is for our customers to have access to fast, flexible funding they can rely on.

“At Handepay and PayPoint, our role goes far beyond payments. We’re focused on being a genuine partner to our customers – providing not only the tools to take payments, but the financial support and flexibility they need to grow, adapt and succeed.”

This latest milestone demonstrates Handepay and PayPoint’s continued commitment to delivering practical, value-driven solutions that help independent businesses thrive in an increasingly competitive and fast-moving market.

ENDS

Notes to Editors

For further information contact: PayPoint press office: PayPoint@mhpgroup.com About Handepay

Established in St Helens in 2006 and acquired by PayPoint plc in 2021, Handepay is a leading merchant services company with over 21,000 SME merchants currently processing over £4.6bn card transactions through its acquiring relationships with EVO, Lloyds and Worldpay. A breath of fresh air in the merchant services sector, Handepay provides reliable and transparent card payment solutions, as well as value added services to support independent businesses grow. They make accepting card payments simpler to understand, giving guidance and advice about common hidden fees that many business owners don’t realise they’re paying. Products include a range of payment technology to allow businesses to accept card payments in-store, online and over the phone. With ever changing consumer preferences, taking card payments is vital for businesses to stay competitive and meet customer expectation.

Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

Source: Company press release.

Categories: Announcement