PayPugs and Muniy team up to launch FinTech as a Service offering

By Gloria Methri

PayPugs, the digital payments solution provider has joined forces with neobank Muniy to accelerate FinTech service adoption within the United Kingdom and Europe. This collaboration is aimed at rolling out a FinTech-as-a-service solution that will help businesses easily integrate financial services into their product offerings.

The new offering brings together the PayPugs account, payment and cards infrastructure, and Muniy front-end development expertise. Both companies will work together to develop web and mobile banking applications and back-end infrastructure for financial and non-financial companies.

The FinTech-as-a-service product offers a range of features that can be customized to meet specific client needs, including easy API integration, different transaction types, IBAN accounts, and various web, and mobile interfaces.

“Our goal is to make it easy for people to use our platform and start their FinTech journey with just the push of a button. Muniy allows us to build technology quickly, which means our clients can get their products to market in no time. The partnership we have in mind is all about giving you superpowers that you can pass on to your customers. We want everyone to have the tools they need to succeed!’’ said Jeremy Suarez, Co-Founder at Muniy.

Alexander Zelinsky, Co-Founder at PayPugs said, “With this partnership, we aim to tackle the problem of fragmentation and allow entrepreneurs and businesses to launch their own fintech product fast, cost-effectively, and most importantly – under one system. We will continue to leverage our experience and expertise and support businesses from demanding and high-growth sectors.’