back Back

Finaro, Ginger Payments partner to expand PSP services in the Nordics

By Gloria Methri

December 05, 2022

  • API
  • Cross Border Payments
  • eCommerce Payments

Finaro, Ginger payments, NordicsGlobal cross-border payments provider Finaro has partnered with Ginger Payments, the European payment powerhouse, to strengthen the latter’s Nordic expansion.

The Finaro-Ginger partnership will initially focus on the Nordic region, targeting financial institutions and FinTechs that are looking to launch merchant-aligned services like those of payment service providers (PSPs).

Achiya Fried, Chief Commercial Officer at Finaro said, “It is exciting to see our footprint in the Nordics grow, and we are delighted to be partnering with Ginger on growing even further. Finaro’s smart acquiring services, robust gateway platform, and exceptional track record in boosting transaction approval rates will elevate Ginger’s presence, enabling them to offer white-labeled transformational PSP services that will open access to new markets and opportunities for all parties involved.”

The partnership offers a complete ecosystem of PSP solutions, enabling merchants to accept card payments as well as APM transactions from customers while leveraging data analytics to fine-tune their customer insights and payment experiences.

Finaro’s simple payment solutions, which include POS transaction acquiring, strengthen Ginger Payment’s platform ability to deliver both bespoke and white-label payment services, including payment gateways, AML-compliant onboarding, plugins, s, reconciliation and settlement, and comprehensive reporting overviews.

Joachim de Boer, COO at Ginger, said, “From end to end, Ginger’s cloud-based API strengths and our full-stack eCommerce payment offering give clients the ability to build a new solution, replace their current solution completely, or add innovative new modules to their existing services. We also provide transaction approval optimization, and enhanced data insights to drive future growth. By combining forces with Finaro, we have created a dynamic collaboration, offering a complete one-stop-shop for payment components, covering every APM from Apple Pay to QR code.”

Ginger has been providing online payment solutions since 2014, enabling a solid clientele of banks and FinTechs to become PSPs and help their merchants accept payments. Together with Finaro, the payment provider plans to expand further across Europe, building on the combined SaaS-based payment functions and agile software development capabilities.

Previous Article

December 05, 2022

Wio Bank and IFZA partner to provide digital banking services

Read More
Next Article

December 05, 2022

Tonik acquires TendoPay to expand its core lending portfolio

Read More

IBSi Daily News Analysis

UK, Bank

July 12, 2024


Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 12, 2024

SaaScada & Partes sign embedded finance partnership in Switzerland

Read More

July 12, 2024

Finastra completes new SIC instant payments readiness project

Read More

July 11, 2024

RAKBANK to enhance banking operations with Microsoft AI

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024