Cross Platform
Combined transaction volumes across all Tribe products
Acquiring — On Track
Gateway — On Track
Issuing — On Track
Risk Monitor — On Track
Bank Connect — On Track
Digital Banking — Watch
Year-to-Date Snapshot
YTD Acquiring
—
vs prior year
YTD Gateway
—
vs prior year
YTD Issuing
—
vs prior year
YTD Digital Banking
—
vs prior year
YTD Bank Connect
—
vs prior year
YTD Risk Events
—
vs prior year
Platform Volume — Stacked by Product
Monthly transaction volume contribution per product (thousands)
Product Breakdown — Current Month
Transactions by product · MoM change
- Acquiring——
- Gateway——
- Issuing——
- Digital Banking——
- Bank Connect——
- Risk Monitor——
Key Highlights — Current Month
What stood out across the platform
- → Acquiring crossed 3M monthly transactions for the first time — a product milestone.
- → Digital Banking logged its strongest MoM growth (+8%) driven by Volt Neobank surpassing 100K transactions.
- → Bank Connect processed a record £442M in payment value this month.
- → Platform-wide YoY growth of +51.8% — on pace for full-year targets.
- → All 6 products grew MoM — first time this has happened simultaneously since launch.
Acquiring
Card acquiring transaction volumes and 3D Secure authentications
New This MonthNovaPay went live mid-month. Partial figures only — full contribution expected next month. Alpha Retail Group reached full capacity post-Black Friday.
Total Transactions
—
—
3D Secure Auth
—
—
3DS Rate
—
— Stable
YoY Growth
—
↑ 12-month
vs Monthly Target
—
—
Active Clients
18
↑ +2 this month
Acquiring Volumes — Last 12 Months
Total transactions vs 3D Secure (thousands) · grey dashed = monthly target
Top 5 Clients — Current Month
By transaction volume
| Client | Transactions | 3DS Auth | 3DS % | |
|---|---|---|---|---|
| Alpha Retail Group | 487K | 328K | 67.4% | #1 |
| BrightCommerce | 354K | 238K | 67.2% | |
| NovaPay | 291K | 196K | 67.4% | New |
| Meridian Group | 218K | 147K | 67.4% | |
| SwiftCard Ltd | 182K | 122K | 67.0% |
Commentary
Key drivers and deployment notes
- → January volumes exceeded December despite post-Christmas slowdown — structural growth, not seasonal spike.
- → Alpha Retail Group crossed 487K after Black Friday infrastructure uplift reached full capacity.
- → 3DS rate stable at expected levels. No significant fraud spikes observed.
- → NovaPay partial month (mid-January go-live). Full Feb contribution estimated at ~550K transactions.
Gateway
Payment gateway transaction volumes and success rates
New This MonthRouting optimisation deployed Week 2 — success rate improved from 98.7% to 98.9%. Orion Fintech contract expansion signed; onboarding Q1 2026.
Total Transactions
—
—
Success Rate
—
—
Declined Transactions
—
↓ –8.4% vs Dec
YoY Growth
—
↑ 12-month
vs Monthly Target
—
—
Active Merchants
12
— stable
Gateway Volume — Last 12 Months
Transactions (thousands) · grey dashed = target
Success Rate — Last 12 Months
Success rate (%) · grey dashed = 99% target
Top 5 Clients — Current Month
By transaction volume
| Client | Transactions | Success Rate | |
|---|---|---|---|
| ClearRoute Payments | 214K | 99.2% | #1 |
| Zenith Merchant | 168K | 98.7% | |
| PeakPay Solutions | 141K | 98.9% | |
| Orion Fintech | 107K | 99.1% | ↑ Growth |
| BlueStar Group | 89K | 98.5% |
Commentary
Key drivers and deployment notes
- → New monthly high — 56% above February 2025 baseline, fastest-growing product YoY.
- → Routing optimisation reduced declined transactions by 8.4% — clearest ROI of any January deployment.
- → ClearRoute added a new sub-merchant, contributing ~30K incremental transactions.
- → Orion Fintech on track to become top-3 client in Q1 2026.
Issuing
Card & IBAN issuance, transaction volumes and 3D Secure
New This MonthApex Bank launched their consumer prepaid programme — 25% of January card issuance. New IBAN provisioning API enabled for two clients.
Total Transactions
—
—
3D Secure Auth
—
—
Cards Issued (Month)
—
—
IBANs Issued (Month)
—
—
Cards YoY Growth
—
↑ 12-month
IBANs YoY Growth
—
↑ 12-month
Issuing Transactions — Last 12 Months
Total transactions vs 3D Secure authentications (thousands)
Cards & IBANs Issued — Monthly
New cards (left axis) and IBANs (right axis) issued each month
Top Client — Apex Bank
Current month breakdown
| Metric | Apex Bank | % of Total |
|---|---|---|
| Transactions | 412K | 18.8% |
| 3DS Auth | 207K | 18.8% |
| Cards Issued | 3,840 | 25.3% |
| IBANs Issued | 980 | 24.5% |
Commentary
Key drivers and deployment notes
- → Apex Bank's prepaid programme drove 25% of new card issuance — largest single-client impact in Issuing history.
- → Monthly card issuance grew strongly over 12 months, reflecting consistent new client onboarding pace.
- → IBAN issuance accelerating. New provisioning API expected to push monthly issuance above 5K from February.
- → 3DS rate reflects population mix of consumer vs. business cards. No anomalies flagged.
Risk Monitor
Event monitoring and AML screening across all product lines
Total Event Entries
—
—
AML Screenings
—
—
Alerts Generated
1,842
↓ –6.2% false positives ↓
Alert-to-Event Rate
0.016%
↓ improving
YoY Event Growth
—
↑ mirrors platform
Products Covered
6
— Full coverage
Risk Monitor Events & AML Screening — Last 12 Months
Total events (millions, left) and AML screenings (thousands, right)
Event Split by Product — Current Month
Share of monitored events across all product lines
ISS Card Transactions3.9M · 33%
ACQ Card Transactions3.1M · 26%
Gateway1.9M · 16%
ISS Bank Transactions & Loads1.4M · 12%
Digital Banking830K · 7%
Direct Connections570K · 5%
AML Screening (overlay)572K
Commentary
Key drivers and notes
- → Events growth directly mirrors platform-wide transaction increase — expected behaviour.
- → Alert-to-event ratio at its lowest since launch — improved rule calibration is working.
- → AML screening volume grew 36.2% YoY, driven by expanded client base and new direct connections.
- → Gateway ruleset tuning planned for Q1 2026 to further reduce false positives.
Bank Connect
Bank payment processing, IBAN issuance and payment value
New This MonthFinEdge Ltd consolidated two direct connection contracts into a single Bank Connect integration, significantly increasing their volume share. New IBAN provisioning path via Bank Connect enabled for Digital Banking clients.
Payments Processed
—
—
Value Processed
—
—
Avg Payment Size
£912
— Stable
YoY Growth
—
↑ 12-month
Active Connections
9
↑ +1 this month
Bank Connect Volumes & Value — Last 12 Months
Payments processed (thousands, left) and value processed (£M, right)
Volume by Source & Top Client
Share of Bank Connect payments by originating product
Issuing (ISS)194K · 40%
Digital Banking170K · 35%
Direct Connections121K · 25%
Top Client — FinEdge Ltd
| Metric | FinEdge Ltd | % of Total |
|---|---|---|
| Payments Processed | 97K | 20.0% |
| Payment Value | £88.4M | 20.0% |
Commentary
Key drivers and deployment notes
- → Record payment value — first month to exceed £440M.
- → ISS dominates at 40%; Digital Banking growing steadily (+3pp YoY).
- → FinEdge contract consolidation added ~25K incremental payments this month.
- → Avg payment size of £912 consistent — no change in payment mix or client type.
Digital Banking
Digital banking transaction volumes, active users and payment flows
New This MonthVolt Neobank surpassed 100K monthly transactions — first Digital Banking client to reach this milestone. Cobalt Digital completed integration testing and enters production next month.
Total Transactions
—
—
Active Users
—
—
Monthly Payments
170K
↑ +7.6%
Txn per Active User
—
↑ engagement ↑
YoY Growth
—
↑ Fastest product
Active Clients
8
↑ +1 (Cobalt live Feb)
Digital Banking Volumes — Last 12 Months
Transactions (thousands, left) and active users (right)
Top 5 Clients — Current Month
By transaction volume
| Client | Transactions | Active Users | Txn/User | |
|---|---|---|---|---|
| Volt Neobank | 112K | 8,240 | 13.6 | #1 |
| Sprout Finance | 87K | 6,100 | 14.3 | |
| Cobalt Digital | 64K | 4,820 | 13.3 | Live Feb |
| GreenLeaf Bank | 48K | 3,410 | 14.1 | |
| Lunar Payments | 35K | 2,190 | 16.0 |
Commentary
Key drivers and deployment notes
- → Fastest-growing product at +129.7% YoY, fuelled by neobank onboardings in H2 2025.
- → Volt Neobank crossed 100K — a major client milestone and first Digital Banking client to do so.
- → Transactions-per-user rising — not just more users, but more active ones. Positive engagement signal.
- → Cobalt Digital enters full production next month. Expect ~70K additional transactions.