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About Alaric

Corporate
Headquartered in London and with international offices in the U.S., Malaysia and Australia, Alaric is a leading supplier of advanced technology payments based products and services. Alaric offers solutions for both SOA-based and conventional multi channel payments integration, card authorization, switching and routing, enterprise wide fraud detection and card fraud detection. Alaric’s customers include First Data, Euronet, Telecash, Corner Banca, Aduno, Swisscard, Yorkshire Building Society, Cumberland Building Society and Ukash.

Alaric’s products are 100% written in Java and are fully platform independent and scalable to meet the needs of the largest institutions and processors.

Alaric is entirely focused on the payments industry and has a highly qualified team of payments and systems professionals which concentrates on designing and delivering sophisticated payment solutions based on Alaric’s software products.

Investors
Alaric is backed with funds managed by NVM Private Equity and Foresight Venture Partners.

NVM Private Equity Limited is an independently-owned firm of venture capital managers with over 20 years experience of investing in UK businesses. NVM manages five investment funds, four of which are Venture Capital Trusts (VCTs) and with funds under management exceeding £180 million. NVM is a generalist investor specialising in making equity investments in UK unquoted companies. NVM consider opportunities requiring between £1m and £10m.

Foresight Venture Partners provides capital and expertise to help growth companies. Its portfolio of over 50 companies spans the environmental, communications, IT, services and manufacturing sectors. Foresight invests at early and development stage through to IPO and special quoted situations, as well as MBO/MBI transactions. Foresight typically invest amounts of up to £5 million.