05 February 2020

Bankable partners with Visa in US

Written By FinTech Alliance in Software

Bankable partners with Visa in US

FinTech Alliance company Bankable has announced a strategic collaboration with Visa.

In Brief:

  • Bankable will provide Visa’s clients in the US access to its real time, modular Bankingas-a-Service solution.

  • The company will open an office in New York to serve as its US hub.

  • The commercial team will initially focus on B2B payments.

What does this mean?

The company hopes to accelerate strategic initiatives across corporations, banks and FinTechs based in the US. It already has American clients but according to CEO Eric Mouilleron, more than 50% of revenue is anticipated to come from the US by 2024.

Speaking to FinTech Alliance late last year, Mouilleron said: “For us, the priority is to go global. You can be small and go global these days: it’s not like before when you had to be 1,000 people to start opening a branch… All the FinTechs want to go global one day and will be able to go global on day one with us.”

Read more here.

 

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in Software

Target Group appoints new CEO

05 September 2022

Target Group, a technology transformation provider that works with financial ...

Solarisbank partners with Contis on BaaS

31 January 2022

Solarisbank, a German Banking-as-a-Service platform, has partnered with Contis.In Brief: Contis ...

Posted By The Community

Claiming R&D tax credits in the software industry

03 September 2021

The implementation of new applications in many aspects of our daily life is likely to continue, and new data processing tools such as AI and Machine learning will continu...

Written By: Kene Partners

Phos raises £1.7mn 

25 August 2021

UK FinTech Phos, which offers a point-of-sale (POS) solution. In Brief:Phos ...

White Papers Software

FinTech and the future of software in Europe

06 September 2022

Stripe and EDC have launched a report on the opportunities for software companies to integrate payme...

Articles Software

The state of SaaS management in 2021

09 September 2021

Download your free research report today to learn how companies are managing their SaaS subscription...

Articles Software

How do tech companies spend their software budget?

11 September 2020

Cledara automatically classifies SaaS purchased into one of more than 70 different categories. This...

Articles Software

The Way Fintech Startups Buy SaaS is About to Change Forever

02 September 2020

New Outsourcing Guidelines from UK and European financial regulators set new requirements for the wa...

There are no Events in this category