Meniga partners with Visa to speed up expansion in APAC

By Leandra Monteiro

Meniga, a provider of banking and personal finance solutions, has recently announced a major partnership with Visa, boosting the company’s expansion in the APAC region. Through the new partnership, Meniga will join the Visa Ready Program, signifying that the company’s solutions meet Visa’s standards regarding security and functionality, and granting Meniga the status of certified FinTech Enablement partner. In addition, Meniga will be listed on the Visa Partner Portal to help facilitate more opportunities in the region.

The Visa Ready Program has been specifically created to help technology companies expedite their growth by providing certification guidelines and go-to-market support, helping them uncover new markets, as well as gain access to newly launched Visa products and solutions.

“We are delighted to have been granted this certification, and that Visa has recognised the reliability and credibility of our solutions,” said Georg Ludviksson, CEO and Co-Founder of Meniga, according to media reports.

“This marks an important step in our plans to accelerate our expansion within the APAC region, where we see a substantial growth opportunity, with the regional fintech ecosystem currently booming. The Visa Ready Programme will help facilitate a number of partnership opportunities with some of the most innovative financial institutions, fintechs and businesses in the world, and we’re looking forward to further consolidating our presence in the region, and help a greater number of banks supercharge their digital banking offering,” he added.

The company ventured into the Southeast Asian market in 2019, when it launched a new office location in Singapore. Since then, the Meniga has successfully launched some of the most popular banking apps in the region, including for UOB.