Embedded banking provider BankiFi has announced its expansion into North America.
In Brief:
It will expand its operations with the launch of BankiFi Americas.
BankiFi’s focus is supporting the unique digitisation and payments operations requirements of small and medium sized businesses.
Financial institutions in the US will be able to embed flexible solutions for small business customers.
What does this mean?
Mark Hartley, CEO and Founder of BankiFi, said: “SMBs in the US are facing the same problems we’ve seen in the UK and Australia, including late payments and time delays due to financial administration. Within our technology, we aim to transform services available to SMBs within community banking, across the US.”
