BankiFi has announced that it has joined Visa Fintech Partner Connect in Europe

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BankiFi has announced that it has joined Visa Fintech Partner Connect in Europe

By Joy Dumasia

March 09, 2022

  • BankiFi
  • Digital solutions
  • Digital transformation

BankiFi, the Manchester-based technology company on a mission to put banks at the heart of business, announced that it has joined Visa Fintech Partner Connect in Europe, a program that helps Visa customers deliver the next generation digital banking solutions. The Partner Program focuses on Visa customers who want to enhance their digital proposition for SMBs.

With a range of microservices for end-to-end business financial management, BankiFi is designed to improve business banking, enabling banks to deliver a set of integrated accounting, billing and payments services designed around the processes that SMEs and commercial customers use to run their business. From invoicing and accounting to cash forecasting and working capital optimization, banks can free SMEs from tedious financial administration and allow their business to thrive.

BankiFi is a technology platform designed to improve business banking services, allowing banks to provide a set of integrated accounting, billing and payments services designed around the processes that SMEs and commercial customers use to run their businesses. .

Nick Reid, Sales Manager, Europe and North America, said: “Amid increasing competition and disruption from digital challengers, many banks are suffering from an erosion of their corporate banking market share. BankiFi enables banks to protect and grow the market share of SMEs and keep digital banking channels relevant for businesses. We are delighted to partner with Visa, which is at the forefront of innovation in digital solutions for SMEs. With Visa’s partnership and support, we look forward to bringing our solutions to banks in other European markets. »

Recently, IBS Intelligence reported that banking technology platform provider, BankiFi, has partnered with TSB to launch Revenue, a TSB-exclusive app that enables small businesses to receive payments faster and better manage their business finances. business.

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