LHV, the fiscal and payment services provider, has declared that award winning corporate prepaid payments alternative supplier, B4B Payments, has been the hottest Fintech client of its London branch.
LHV provides several innovative financial solutions to its broad selection of customers and is the favored banking associate amongst FinTechs. They’ve additional B4B obligations, a leader in fintech and prepaid payment options for their customer record as the payment supplier intends to expand internationally and open a office in the united states.
B4B Payments can acquire entry to LHV’s complete solutions, such as state of the art payment infrastructure and real time Euro and Sterling payments capacity through Single Euro Payment Area (‘SEPA’) Immediate and Faster Payments schemes .
Additionally, B4B will gain from accessibility to LHV’s Application Programming Interface ‘LHV Connect’, which supplies a vast assortment of services, such as GBP and EUR protecting balances, Virtual IBANs, money exchange, liquidity providers and where appropriate funding.
B4B CEO and co-founder, Paul Swinton stated, “We looked at a number of providers to provide safeguarding and virtual IBAN capabilities. LHV came out on top due to their flexibility, functionality and value proposition. We migrated our clients easily onto the platform and we are very happy with the service to date. LHV will also be able to support us when we establish our European operation later this month with a one-stop solution.”
As a pioneer in Fintech and prepaid small business payments for more than 14 years, B4B Payments provides advanced, adaptive, and time-tested solutions which streamline and remove antiquated accounting and finance processes.
The FCA accredited firm is also going international, enlarging operations in North American and opening its initial US offices in Boston. The platform enables businesses of any size to handle costs, simplify citizenship, reimbursements, and supply employee incentives and rewards.
Ever since opening their London office in 2018, LHV have quadrupled client numbers and substantially outpacing their client base, helping businesses which vary from payment service suppliers to start-ups, to unicorns.
Andres Kitter, Head of LHV’s UK Operations, stated, “Our decision to establish a presence in London post the 2016 Brexit referendum was to increase our presence in what remains one of the leading financial and fintech sectors in the world and in the process attract customers of the calibre of B4B. The company has been operating for fifteen years, which shows significant experience and market resilience and we are delighted that two profitable organisations are partnering for continued growth.”