The Fintech Index
61 companies rated 5 sectors 16 reports Last updated Oct 23, 2026
Phil McGriskin
Vitesse

Phil McGriskin

Co-founder and chief executive

Why watch

He sold his first payments company, Envoy Services, to Worldpay in 2011, then started Vitesse to fix inefficient insurance payouts.

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Phil McGriskin is co-founder and chief executive of Vitesse, the London, England, payments and treasury platform for insurers. He has more than 20 years of experience in payments. Read our review of Vitesse.

Envoy Services and Worldpay

He co-founded Envoy Services in 2006 and led it through its sale to Worldpay in 2011. He stayed at Worldpay as chief product officer and head of Worldpay Futures.

Vitesse and Insurance Payments

In 2014 he started Vitesse with Paul Townsend to deal with inefficient insurance payouts and the management of the cash behind them. The company moved its focus fully to insurance in 2021. It raised a $93M Series C led by KKR in May 2024 to expand in the US, and has processed billions in claims payments.