A Milton Keynes-based payments business is being celebrated for its lasting contribution to the local community and economy.

CreatePay has been recognised with The Orange Hat Plaque – a playful nod to Britain’s historic Blue Plaques scheme – by Allica Bank.

The business has been recognised not simply for its financial success, but for what it means to the places and people around it.

CreatePay is a UK-based fintech that helps businesses manage and streamline their payment processes, making it easier to pay suppliers and manage cash flow. It supports established businesses with technology designed to simplify financial operations and give them greater control over their payments.

Milton Keynes-based payments business, CreatePay, is being celebrated for its lasting contribution to the local community and economy.

placeholder image — Milton Keynes-based payments business, CreatePay, is being celebrated for its lasting contribution to the local community and economy.

Steve Wells, Founder of CreatePay, said: “We’re incredibly proud to receive an Orange Hat Plaque from Allica Bank. CreatePay was founded with a simple ambition: to give established businesses access to better payment technology, better service and a genuine alternative to the traditional providers in our industry.

“Since launching, we’ve grown rapidly here in Milton Keynes, creating jobs and supporting thousands of businesses across the UK. What makes this recognition particularly meaningful is that it celebrates not just growth, but the contribution businesses make to their employees, customers and local communities.”

Orange Hat Plaques can be awarded to businesses with between 5 and 250 employees that provide services communities rely on every day, from family manufacturers and local care providers to sports clubs, schools, pubs and food producers.

These businesses are considered the backbone of the UK economy, creating jobs and supporting local supply chains up and down the country. In fact, once you travel further than 25 miles from a metropolitan centre, these businesses support around half of local jobs according to an Oxford Economics Report released in June. Yet despite their significance, they rarely receive the recognition they deserve.

Luke Veale, Relationship Manager at Allica Bank, said: “We at Allica have always had a shared goal with CreatePay – two businesses determined to help established businesses succeed. Established businesses make up 35% of the private sector workforce as a whole, but they are so rarely celebrated.

We are delighted to see CreatePay receive the recognition it deserves. It’s fantastic to support a business that shares our commitment to helping established businesses thrive.”