London, UK – 28th April 2025 – TPF, The Payments Factory, is a fully licensed Electronic Money Institution in the UK. Founded by entrepreneurs with a proven track record in financial services, it is also a principal member of both Visa and Mastercard, with strong ambitions for the future. As part of its continued growth and commitment to these goals, TPF is proud to announce the appointment of Charles Grech as its new Group Chief Executive Officer.
With nearly three decades of experience in the payments industry, Charles brings deep expertise across banking, fintech, and electronic payments. He began his career in 1995 at Bank of Valletta, Malta’s leading bank, where he played a pivotal role in modernizing the national payments ecosystem, spearheading the rollout of EMV (chip and PIN) technology, and managing the bank’s national merchant portfolio.
In 2010, Charles transitioned into entrepreneurship, founding an age verification company in the United Kingdom. He returned to the payments space in 2014, joining a startup that would later evolve into Truevo, a prominent player in the card acquiring space.
Charles’ appointment comes at a strategic moment for TPF, as the company expands its global footprint. TPF currently holds an Electronic Money Institution license in the UK, a Money Services Business license in Canada, and is in the final stages of obtaining its EU EMI license. These regulatory milestones position TPF for significant international growth.
Charles Grech takes on the role of Group CEO and will operate from TPF’s Malta office. The UK EMI operations will continue to be supported by a dedicated team of UK-based executive directors, ensuring strong local leadership.
“At TPF, we’re building a payments ecosystem for scale, guided by purpose, powered by people.
Joining TPF at this stage of its journey is both an exciting opportunity and a great responsibility. We’re building the foundations for sustainable global growth — with a sharp focus on innovation, diversification, and operational excellence. Our goal is clear: to create resilient, future-ready payment infrastructure that delivers real value to our clients. I look forward to working alongside our talented team to scale our impact and Take Payments Further.” said Charles Grech, CEO of TPF.
Madelynn Loo, CEO of La Royale Group, added:
“We are thrilled to welcome Charles as our new CEO. His proven leadership, deep industry expertise, and growth mindset will be instrumental in taking TPF to the next level.”
As TPF continues to scale, Charles’ leadership will be central to driving innovation, enhancing operational efficiency, and expanding into new markets. His strategic vision aligns seamlessly with the company’s mission to redefine payment processing, empower businesses worldwide, and continue to Take Payments Further.
Over the next year, TPF will focus on strengthening its internal systems, optimizing operations, and expanding its product capabilities across both fiat and digital assets. With a clear path toward profitability and a commitment to sustainable growth, the company is poised to deepen its footprint across key markets and build the infrastructure needed to support the next generation of payment innovation.
About TPF
At TPF, we’re redefining how businesses and individuals make and take payments. Payments are an essential part of our complex daily lives, and we believe they should be as simple and seamless as possible. That’s why TPF exists — to empower businesses and individuals with effortless ways to make and take payments.
TPF is a fully licensed Electronic Money Institution founded by entrepreneurs with a successful track record in financial services. Combining deep expertise, cutting-edge technology, and exceptional customer support, we aim to become a global leader in digital payment solutions.
Media contact
For more information, please contact marketing@tpf.co or visit our website www.tpf.co