back Back

MultiBank Group selects SEPA Cyber to boost business expansion

By Megha Bhattacharya

June 28, 2021

  • Bulgaria
  • Multibank
Share

SEPA Cyber SEPA Cyber Technologies, a global FinTech provider, is providing MultiBank Group with FinTech and RegTech solutions to grow into a fully digital bank and expand its business. The final goal is to enrich their service portfolio and become licensed EMI (Electronic Money Institution) in the EEA. SEPA Cyber Technologies is consulting MultiBank on licensing and incorporation as well as principal membership for VISA, MasterCard, and Union Pay. The two companies have set deadlines and plan to go live before the end of 2021.

“We are extremely honoured that a financial giant such as Multibank Group has chosen SEPA Cyber with the delivery of financial technologies and consultancy services. We know we’re on the right track when people part of TOP 50 Influential Figures in Global Financial Markets choose us as their trusted technology and solution provider,” said Marvin Blazhevski, CEO and Founder of SEPA Cyber Technologies

The services of SEPA Cyber will open the doors for MultiBank to complete digitalisation. The full package of solutions includes a digital wallet, issuing and acquiring processing, IPG, KYC, KYB, PEP and Sanctions.

“I have always firmly believed that a company is nothing without the effort and support of its core team that works hard in their day-to-day job and making this happen. In this aspect, I have been blessed to have a very talented team, particularly our extremely competent and dynamic Management Board,” said Mr. Naser Taher – Chairman of MultiBank Group.

Previous Article

June 28, 2021

MAS to launch Global Challenge for Retail CBDC Solutions

Read More
Next Article

June 28, 2021

Brazilian FinTech Conductor enters Mexican financial market

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

Bulgaria

Why predictive AI is a critical necessity in the field of cybersecurity

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

June 20, 2024

4 Open Banking platforms shaping the future of financial data in the US

Read More

June 18, 2024

GoCardless partners with Federation of Small Businesses to tackle late payments

Read More

June 13, 2024

Flexys partners with Acquired.com for debt collection

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 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!
close-link
Get your copy now! IBSi Sales League Table 2023