HAMILTON, BERMUDA - Media OutReach Newswire - 12 June 2026 - Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA), effective 6 May 2026, the company is in a strong position to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. We provide irrevocable, unconditional, on-demand financial guarantees designed to qualify as eligible credit protection under Basel and major insurance solvency regimes. We are focused on private liabilities and do not cover sovereigns, municipalities or provinces. Bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance are all within the Company's remit.
"The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere."
— Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited
The Fitch Ratings report can be accessed here:
Fitch Rates Verdant Rock at 'BBB+'; Outlook Stable
Verdant Rock's Class 3B registration can be verified via the BMA's register of regulated entities (search "Verdant Rock"): https://www.bma.bm/regulated-entities
Notes to editors: For the May 2026 licensing announcement, see https://bernews.com/2026/05/walkers-supports-verdant-rock-licensing/
This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.
Hashtag: #VerdantRock
The issuer is solely responsible for the content of this announcement.
ABOUT VERDANT ROCK
Verdant Rock Limited is a Bermuda-based insurance company, regulated by the Bermuda Monetary Authority, providing Basel III and Solvency II compliant financial guarantees in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes, for the benefit of institutions globally.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
BANGKOK, THAILAND - Media OutReach Newswire - 14 July 2026 - Paymentology, the leading global issuer processor, today announced a strategic partnership with Thailand-based fintech and payment technology provider T2P to expand access to modern card issuing capabilities and accelerate digital payment innovation across Thailand.
Through the partnership, T2P will leverage Paymentology's next-generation issuer processing platform to deliver scalable, secure and flexible card programmes for fintechs, financial institutions, corporates and enterprises looking to launch innovative payment solutions.
The collaboration strengthens T2P's growing payments ecosystem, enabling businesses to bring new prepaid, corporate and digital wallet-linked card programmes to market more quickly while benefiting from Paymentology's real-time processing capabilities, global expertise and highly configurable platform.
Thailand has become one of Southeast Asia's fastest-growing digital payments markets. According to the Bank of Thailand, online payments increased by 13.5% year-on-year in 2025, reflecting growing adoption of digital wallets, QR payments, embedded finance and cashless payment experiences. As businesses look to capitalise on this shift, they increasingly need trusted technology partners that can reduce complexity and accelerate innovation.
By combining Paymentology's cloud-native issuer processing platform with T2P's local market expertise, the partnership will help organisations develop payment solutions that meet evolving consumer and business expectations while supporting Thailand's continued digital transformation.
Minh Ha Truong, Head of Growth APAC at Paymentology, said:"Thailand is one of the most exciting payments markets in Asia. As demand grows for embedded financial services and innovative card programmes, organisations need technology that allows them to launch quickly while remaining flexible enough to evolve with customer expectations.We're delighted to partner with T2P as they continue expanding their payment capabilities."
The partnership will initially support a broad range of use cases including:
- Prepaid card programmes
- Corporate and commercial payments
- Employee spend management
- Digital wallet-linked cards
- Embedded finance solutions
- Cross-border payment programmes supporting Thailand's thriving tourism sector
TaweechaiPureethip, Chief Executive Officer at T2P, said: "Our partnership with Paymentology is an important step in strengthening T2P's card and payment technology capabilities. Paymentology's modern issuer processing platform, real-time processing capabilities, flexibility and experience across markets give us confidence as we continue to develop reliable and scalable payment solutions for businesses in Thailand. Together, we aim to make it easier for organisations to bring practical, secure and flexible card-based payment programmes to market."
As payment services become increasingly embedded into everyday consumer journeys and business operations, the partnership positions both organisations to support the next generation of payment innovation while expanding access to more secure, reliable and practical payment tools for businesses and consumers across Thailand.
Hashtag: #Paymentology #T2P
https://www.paymentology.com/en/
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
