Spend management platform Soldo has extended its partnership with global payments giant Mastercard.
In Brief:
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Soldo will be able to innovate payment products in-house and be less dependent on third parties.
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It has already migrated more than 60,000 customers to in-house card issuing.
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Soldo will have access to a range of Mastercard products and services to improve its customer offering.
What does this mean?
The migration in-house was planned for August this year, but due to key provider Wirecard being suspended by the FCA, it was fast tracked. Now, Soldo is less reliant on other providers and as such its service will be less impacted by such incidents in the future.
