Gerlionti Group selects Know Your Customer to boost new payment solution GerliPay

By Megha Bhattacharya

Gerlionti Group has teamed up with RegTech company Know Your Customer in a bid to provide a fully remote corporate onboarding process for their new payment solution GerliPay. The new partnership will enable Gerlionti Group to deliver a superior customer experience by streamlining and digitising all corporate KYC activities for their new payments solution. The Know Your Customer’s back-end compliance platform will equip GerliPay’s compliance team with a centralised source of KYC and AML information.

Martins Egle, Board Member of Gerlionti, commented, “With GerliPay, our goal is to build an innovative payment solution that addresses our customers’ needs. By partnering with Know Your Customer, we will provide the kind of seamless and customer-centric onboarding experience that our customers deserve”.

Gerlionti’s Gerlipay is expected to offer a fully digital payment solution, providing seamless and customer-centric financial services to businesses and private individuals on obtaining the Electronic Money Institution (EMI) licence in Luxembourg.

Recently, Gerlionti selected Nets Estonia for supporting the development of its new digital payment system GerliPay. GerliPay is Gerlionti’s fully-digital payment solution for startups, SMEs and large corporates, designed to provide seamless, flexible and customer-centric financial services. The platform will enable remote onboarding, business payment cards and salary payouts, multi-currencies, direct debits and more.

Claus Christensen, CEO & Co-Founder of Know Your Customer, added, “RegTech components are absolutely key to the successful rollout of any new FinTech products. Our corporate onboarding experts have been working with the GerliPay team to build their compliance processes and onboarding experiences around the needs of their corporate customers. We are very much looking forward to supporting their launch and growth across Europe through our newly announced partnership”.