Payments FinTech Contis has announced its partnership with Mastercard as a principal issuing member.
In Brief:
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Contis offers end-to-end Banking-as-a-Service (BaaS).
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It can now provide its solution through Mastercard’s global payments network.
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Through 2020 Contis has added open banking capabilities and moved part of its client base to a European entity to remain resilient through Brexit.
What does this mean?
This partnership marks yet another milestone on Contis’ growth journey – it already serves a significant number of FinTechs across Europe including Hastee, Swipe and PaySera. We spoke to Chief Disruption Officer Jason Ollivier this time last year, who said that a key part of Contis’ solution is its “99.9% uptime” that FinTechs can trust. He also hoped this year Contis would be able to “build and build and build” which it has certainly achieved.
