The Payments Group Holding GmbH & Co. KGaA is a holding company with majority shareholdings in four operating FinTech companies and a venture capital provider based in Frankfurt/Main. Its subsidiaries include Funanga AG, Campamocha Ltd. with its 100%-owned entities TBWS Ltd. and Calida Financial Ltd. as well as Surfer Rosa Ltd. form a fast-growing, vertically integrated e-Money PayTech group of companies - The Payments Group (TPG). TPG provides proprietary closed and open (branded and white-labelled) prepaid payment services to hundreds of online merchants worldwide. The synergy between these companies positions TPG as a key player in the future market in embedded financial services and prepaid solutions. Calida Financial Ltd. is the regulated company within TPG, having received an e-money license from the Malta Financial Services Authority (MFSA) in August 2024. This license entitles Calida Financial Ltd. to offer innovative e-money services and products across Europe. The Payments Group Holding holds from its history as a German venture capital provider under the German Startups Group brand a heritage VC-portfolio of minority stakes in German startups via its wholly owned subsidiary German Startups Group VC GmbH. The company was founded by Christoph Gerlinger on May 18, 2011, and is headquartered in Frankfurt, Germany.