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Tech

City grandee behind £1.1bn TalkTalk takeover joins board of fintech Total Processing

Martin Gilbert co-founded Aberdeen Standard Investments and is also the chairman of Revolut

Martin Gilbert(Image: www.newsline-media.com)

A City grandee who was part of the £1.1bn deal that saw TalkTalk taken over has joined the board of a Manchester fintech.

Martin Gilbert has taken on the role at Total Processing which was co-founded by Jean-Michel Soopramanien, Alex Leigh and Matt Hamer in 2015.

Mr Gilbert is also the chairman of AssetCo plc, Revolut as well as the Net Zero Technology Centre in Aberdeen and Scottish Golf.

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He has served as the chairman of Toscafund Asset Management since April 2020, the investment firm that partnered with the likes of Penta Capital to take Salford-headquartered TalkTalk private in 2021.

Mr Gilbert co-founded Aberdeen Standard Investments in 1983 and served as its chief executive before becoming its vice chairman and then chairman.

He said: "Total Processing has already established itself as one of the º£½ÇÊÓÆµ's most exciting fintech companies.

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"I'm eager to start working with Total Processing's board to help scale its operation globally.