BankiFi, the Manchester-based technology company which aims to streamline banking for SMEs by providing a set of integrated services tailored to the needs of small businesses, has joined the Visa Fintech Partner Connect programme.
The fintech is intended to support Visa customers who have expressed interest in enhancing their digital proposition for SMEs under the Partner Program, which connects customers to digital payments and banking platforms.
BankiFi is based on the goal of improving business banking services and enables banks to provide a set of accounting, billing and payment services that have been designed around the processes used by SME customers.
Nick Reid, Head of Sales for Europe and North America at BankiFi, said: “Amid growing competition and disruption from digital challengers, many banks are suffering from erosion on their part. business banking market.
“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 markets.” Europeans.”
In 2021, BankiFi won the Prolific North Tech Award for Innovation of the Year for its work with The Co-operative Bank to transform the way banks serve the needs of SMEs.