Bankable and Visa partner on banking-as-a-service technology
30th April 2019
Level39 member Bankable has today announced a partnership with Visa which will deploy its banking-as-a-service technologies to Visa’s network of customers and institutions.
Announced during the Innovate Finance Global Summit, this deal will see Visa also investing into the business, extending the reach of this high-growth Level39 member.
The partnership will allow Visa members to access Bankable’s platform and help them deploy digital banking and real-time payment services. This infrastructure improves speed-to-market for institutions and adds new digital services.
Bankable will be leveraging VisaNet to extend its existing international payment and banking solutions.
Eric Mouilleron, CEO and Founder of Bankable, said: “Bankable is proud to join the Visa global family. We are already at work with Visa’s existing partners. Visa’s support of Bankable’s vision, team and technology means a lot to us. We also found a strong cultural alignment with Visa in terms of business approach, speed and appetite to partner with clients to deliver the banking of the future. In addition to Europe, we will open three markets in the next 12 months (North America, Latam, MENA) to leverage relevant opportunities globally and help our European and US fintech clients expand.”