Kani Payments taps Pismo for data reconciliation and reporting

By Gloria Methri

Kani Payments, the global data reconciliation and reporting platform has partnered with issuer processing and core banking platform Pismo.

The new partnership means that Kani’s SaaS platform will now be available to Pismo’s global client base, including large banks, marketplaces and FinTechs.

Launched in 2018, Kani Payments has provided clients with enhanced and accelerated transaction reconciliation, payment and regulatory scheme reporting, merchant settlement and customer fund safeguarding.

The latest partnership is a significant step forward in Kani’s global expansion, representing its client win with tangible global scale potential.

Established in Brazil in 2016, Pismo has expanded across Latin America, North America, Europe, and Asia-Pacific. Its all-in-one cloud-native platform has a broad product coverage, including core banking, payment processing, card issuing, digital wallets, lending, corporate banking, and financial asset management functionalities. In January 2024, the company was acquired by Visa International in a $1 billion deal.

Kani Payments’ transaction data reporting and reconciliation platform helps companies fuel growth with simplified reporting and actionable business intelligence insights. This partnership will enable Pismo’s clients to tap into Kani’s data-agnostic reporting and reconciliation platform, which can ingest data from any processor or source and reconcile complex and contrasting multiple data sets in minutes.

Aaron Holmes, Founder and CEO of Kani Payments, shared, “Kani Payments is unique because it is a truly scalable SaaS FinTech company. It also makes us a perfect match for Pismo, which shares our geographical expansion capabilities. Pismo’s cloud-based platform empowers teams to build fast and companies to launch rapidly, and as such, it shares many of our values and a core aim of helping businesses drive efficiency. As a global business, Pismo is the perfect partner to help us realise the next phase of our growth strategy, and we are looking forward to making our solution available to a much wider market.”

Vishal Dalal, CEO (North America, EMEA and APAC) at Pismo, said, “Having Kani Payments join our partners’ network will help financial institutions to turbocharge report generations and submissions. It will unlock useful insights to help them make better, more informed decisions, shaping a new era for banking and payments.”