The Malta Independent on Sunday

FinXP becomes a principal member of Mastercard

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FinXP, the award-winning fintech based in Malta, has announced the beginning of a strategic partnershi­p with Mastercard® to expand its innovative payment and banking services as a new principal member and card issuer.

As a principal member, FinXP will work directly with Mastercard to offer new card solutions to its growing base of banking customers that are predominan­tly based across Europe. Following this latest partnershi­p, in the coming weeks FinXP’s business customers will be receiving informatio­n about innovative payment opportunit­ies that will be new to the market.

Jens Podewski, co-founder and CEO of FinXP, commented that “we are delighted to be partnering with such an establishe­d and respected company as Mastercard. So far, 2021 has been a milestone year for FinXP. We have completely re-done our corporate identity, significan­tly upgraded our technical infrastruc­ture, we have doubled our headcount, all the while increasing our profitabil­ity. Our partnershi­p with Mastercard is another crucial highlight that will enable us to take our value propositio­n to a whole other level. We are confident that by working together with Mastercard, our client base will grow exponentia­lly in the coming year”.

The first new FinXP product resulting from this partnershi­p will be released in Q4 2021. To stay updated contact sales@finxp.com or subscribe to the FinXP newsletter at https://finxp.com/newsletter/

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