Tebex, the Nottingham-based specialist provider of gCommerce solutions for online games, has reached a major milestone after processing over 21 million payments covering more than £300m in total.
Tebex.io is the biggest gCommerce platform for Minecraft and several other online games, processes millions of transactions per year and has been used by well over 10 million unique players.
Whilst monetisation and payments form the backbone of the business, Tebex is increasingly moving into fraud, security and server infrastructure solutions.
Founder Lee McNeil, 23, originally ran Tebex out of his bedroom for the first two years of its existence but now employs a team of four and has thousands of customers.
Lee said: “We’ve been building great momentum as a business and as we’ve incorporated more and more games to our platform I knew that the 20 million mark was close, then of course 21 million but it was still a little surreal. Tebex started out as just me, a gamer with a passion for coding and then the idea for a business that would help people to actually make money online with these immersive games.
”Now Tebex is truly a high growth company and we are looking to scale-up as we envisage the platform becoming THE support infrastructure of the gaming industry. The only thing holding us back is the availability of skilled developers as we have the opportunity and capacity to take them on both here at our Nottingham HQ and potentially remotely.
“They will be part of the next chapter of our story, helping us to break through the 50m transaction barrier and with that to circa 500m in total payments processed.”