back Back

FOO and Infinios partner to offer innovative payment solutions

By Delisha Fernandes

July 10, 2023

  • Banking-as-a-Service
  • Digital Financial Services
  • Digital Transformation
Share

FOOFOO, a B2B FinTech solutions provider, has partnered with the Bahrain-based payment service provider and card processor Infinios Financial Services.

The Digital First Card Platform is designed to enhance digital offerings for businesses across industries, ultimately improving the end user’s customer experience. The platform delivers instant, easy-to-use virtual and physical cards that can be used for e-commerce transactions or app payments.

This partnership between FOO and Infinios will enable businesses to adapt to the market and meet consumer demands for secure and convenient payment solutions. With this, financial institutions, telecommunications companies, and retailers can now embrace the power of FinTech to provide their customers with a seamless purchasing experience. Digital First Card Platform includes smooth onboarding, instant digital card issuance, real-time card management, and secure online and in-store payments.

Ghady Rayess, Managing Partner at FOO, said, “In a world where technology and innovation thrive, consumers worldwide have elevated their expectations, demanding seamless experiences across all touchpoints in their daily lives. With this partnership, we will accelerate the pace of digital advancement by empowering our clients to create feature-rich customer financial services through scalable solutions.“

FOO develops solutions in-house using a modular platform consisting of micro-services to provide  personalised products that enhance digital transformation. Infinios, through its integrated processing technologies, regulatory licenses, and payment network memberships, provides Banking-as-a-Service enabling FinTech, brands and digital platforms to embed financial services into their products leveraging Infinios’ API.

Andrew Sims, Co-founder and CEO at Infinios, said, “This strategic alliance represents a continuation of our strategy to enable FinTech companies to rapidly develop their own digital financial services products leveraging our Banking-as-a-Service. The partnership approach leverages our combined strengths to deliver innovative solutions and address new opportunities, marking exciting times for our existing and potential clients and the industry.”

Previous Article

July 10, 2023

Clayfin receives ISO/IEC 27001:2013 certification for its high standards of information security

Read More
Next Article

July 10, 2023

Flipkart and Axis Bank to provide personal loans for customers

Read More













IBSi Daily News Analysis

September 22, 2023

Banking-as-a-Service

Banks can capitalize on new dynamics in a changing industry, 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

September 22, 2023

6 FinTech tweets you should see!

Read More

September 22, 2023

CBI expands Name Check coverage via Swift’s pre-validation service

Read More

September 22, 2023

BankID BankAxept taps TCS to enhance Norway’s payment system

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q2 2023

£1,500.00 / year

Know More
Testing & QA for NextGen Bank Tech Q3 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q2 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023