Andaria enhances embedded finance offering with Mastercard

By Gloria Methri

Malta-based FinTech Andaria has announced its collaboration with Mastercard to empower its embedded finance proposition.

Andaria states that the alliance with Mastercard signifies a major milestone and a pivotal role in its mission to enhance the quality of its card and payment solutions under the principal membership agreement.

This compliments Andaria’s existing dedicated IBANs, business accounts and suite of services which form its overall embedded finance offering, providing unparalleled financial products and solutions to its valued customers.

Nirav Patel, CEO of Andaria, expressed his enthusiasm about the partnership saying, “I am proud to be announcing yet another strategic milestone for Andaria. This collaboration with Mastercard is in line with our intentions to redefine the financial landscape. It solidifies our position as a key player in the Embedded Finance ecosystem and underscores our commitment to delivering innovative, cutting-edge solutions.”

This integration will come to fruition in early 2024, in line with Andaria’s continued drive for financial empowerment and convenience for businesses and end-users alike.

A UK and EU-regulated FinTech, Andaria offers embedded finance solutions that allow non-financial businesses to integrate payment services into new and existing platforms. It is scalable and customised to meet the specific needs of any business, helping reduce costs and increase customer satisfaction.

Andaria’s mission is to make digital financial services accessible, simple, and transparent for its clients as it heads into its next phase of innovation.