Paypugs, a cost service supplier, introduced on Friday that it has partnered with Lithuania-regulated Verifo to additional increase banking and cost prospects.
The partnership will allow the 2 corporations to boost their providers within the worldwide cash switch market.
“It is nice to see one other
fintech firm that believes in offering personalised monetary providers,” stated Alexander Zelinsky, Paypugs’ Chairman of Board.
“Within the fintech panorama, partnerships are important. Not solely do they make us sooner but additionally higher. PayPugs is delighted to have established a relationship with Verifo in an effort to obtain higher, sooner, and cheaper monetary providers in at present’s aggressive markets.”
Licensed Providers
Verifo operates with an digital cash establishment license and is regulated by the Financial institution of Lithuania. It gives Banking-as-a-Service (BaaS) and
Software program-as-a-Service (SaaS ) choices, together with EU IBAN provision, card issuance, and SEPA & SWIFT funds procession.
The most recent partnership got here when Paypugs is targeted on taking third-party companions for enhancing its providers and in addition signing up business-to-business (B2B) purchasers. In November, the corporate Wallester, an organization licensed by the Estonian Monetary Supervision Authority and an official Visa Principal Member. Moreover, it additionally inked a cope with on-line buying and selling platform BDSwiss to deal with consumer deposits and withdrawals.
“We’re completely satisfied to offer our companion PayPugs with easy, set-to-use, and, on the identical time, simply scalable BaaS options to start out their very own fintech enterprise with out combating the regulation points, software program improvement, and resource-intensive operational administration,” VERIFO CEO, Mantas Staliūnas.
“Verifo philosophy implies a fast enterprise deployment below the consulting group’s watchful eyes and full-time competent buyer help actually one name away, along with robust and correct consideration to compliance and authorized procedures.”
Paypugs, a cost service supplier, introduced on Friday that it has partnered with Lithuania-regulated Verifo to additional increase banking and cost prospects.
The partnership will allow the 2 corporations to boost their providers within the worldwide cash switch market.
“It is nice to see one other
fintech firm that believes in offering personalised monetary providers,” stated Alexander Zelinsky, Paypugs’ Chairman of Board.
“Within the fintech panorama, partnerships are important. Not solely do they make us sooner but additionally higher. PayPugs is delighted to have established a relationship with Verifo in an effort to obtain higher, sooner, and cheaper monetary providers in at present’s aggressive markets.”
Licensed Providers
Verifo operates with an digital cash establishment license and is regulated by the Financial institution of Lithuania. It gives Banking-as-a-Service (BaaS) and
Software program-as-a-Service (SaaS ) choices, together with EU IBAN provision, card issuance, and SEPA & SWIFT funds procession.
The most recent partnership got here when Paypugs is targeted on taking third-party companions for enhancing its providers and in addition signing up business-to-business (B2B) purchasers. In November, the corporate Wallester, an organization licensed by the Estonian Monetary Supervision Authority and an official Visa Principal Member. Moreover, it additionally inked a cope with on-line buying and selling platform BDSwiss to deal with consumer deposits and withdrawals.
“We’re completely satisfied to offer our companion PayPugs with easy, set-to-use, and, on the identical time, simply scalable BaaS options to start out their very own fintech enterprise with out combating the regulation points, software program improvement, and resource-intensive operational administration,” VERIFO CEO, Mantas Staliūnas.
“Verifo philosophy implies a fast enterprise deployment below the consulting group’s watchful eyes and full-time competent buyer help actually one name away, along with robust and correct consideration to compliance and authorized procedures.”
