Mastercard and EedenBull have prolonged their strategic partnership from Europe to the Asia Pacific area to assist the fintech firm’s launch of a brand new digital platform for banks and companies to course of spending and funds extra effectively.
New laws, new applied sciences and new gamers are altering the way in which shoppers and companies take into consideration funds. All over the world, organizations face lots of the similar challenges when shopping for and paying for items and providers, in order that they want the fitting instruments to allow cost-efficient processes, coverage compliance, spend management and improved cash circulation.
Constructing on a partnership in Europe, the expanded relationship with Mastercard will assist the rollout of Eedenbull’s new industrial playing cards platform to banks seeking to faucet into huge alternatives within the Asia Pacific business-to-business funds market. Primarily based in Norway, Scotland and Singapore, EedenBull is a technology-agnostic innovation firm constructed by banking, fee and expertise professionals.
For banks and their enterprise clients, the brand new service supplies progressive industrial funds providers, together with EedenBull’s spend administration platform Q Enterprise® that provides a complicated but easy-to-use answer to digitize the sluggish and expensive processing of checks and cash. With Q Enterprise now supplied by a community of banks within the Nordics, greater than 10,000 registered companies are benefitting from the method efficiencies and management of spend offered.
“Following Europe, Mastercard is delighted to partner with EedenBull in Asia Pacific and to support its unrivalled expertise to leverage the commercial payments space in the region,”
stated Yunsok Chang, Government Vice President, Market Improvement, Asia Pacific, Mastercard.
“With Mastercard’s leading advisory experience, sophisticated commercial solutions and wide network of customers and partners, we will be able to help EedenBull thrive in this market of significant opportunities.”
The extension of the partnership past Europe is a testomony to Mastercard’s technique of working with fintech companies to drive innovation and create alternatives for different companions within the Asia Pacific area. As a frontrunner in funds expertise, Mastercard is constantly growing new options catering to the evolving calls for pushed by speedy digital transformation.
“At EedenBull, we uniquely combine specialist commercial payments expertise with tech-savvy talent, making us the ideal partner to banks. While payment products and services are now more user-friendly, product management is growing more complex and requires access to specialists in marketing, revenue management, IT, legal, regulatory and many other areas,”
stated Nicki Bull Bisgaard, CEO of EedenBull.
“Selecting Mastercard as our preferred partner to support us in creating real value for our partner banks and their customers and to support our expansion in Asia Pacific was easy as we share the same view on what businesses require and how we can best meet those requirements in an ever-changing world.”
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