In July 2025, HM Treasury announced two developments that will reshape the governance and delivery of our retail payments infrastructure, namely the new Retail Payments Infrastructure Board (RPIB), established by the Bank of England and a new industry-led entity, DeliveryCo.
Vim Maru, Chair Designate of DeliveryCo said:
“It is a privilege to have been appointed Chair Designate of the new industry-led Delivery Company, and I look forward to working closely with you all. In the coming months, I am committed to fostering an open and inclusive approach so that those interested in supporting this initiative can actively participate to help us deliver innovation, competition, and resilience.”
Following the inaugural RPIB meeting in late October 2025, the UK payments industry will now move forward in establishing DeliveryCo.
This is a public, industry-wide invitation for expressions of interest for potential initial funders from across the payments ecosystem to set up DeliveryCo.
How to Submit
If you would like to express your interest in becoming an initial funder to set up DeliveryCo:
- Read the EOI document for more details.
- Complete the EOI Form by 14 November 2025 – Expressions of interest are not binding and do not constitute a funding commitment.
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