FOO and Infinios partner to offer innovative payment solutions
By Delisha Fernandes
FOO, 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.”
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