Cardlay Funds Options has inked a partnership with Visa.
The collaboration combines Cardlay’s spend administration know-how with Visa’s cost community, information capabilities, and market place to drive innovation in spend administration for business card issuers and their prospects.
Headquartered in Denmark, Cardlay made its Finovate debut earlier this yr at FinovateSpring.
Danish fintech Cardlay is collaborating with digital funds chief Visa to energy improvements within the spend administration area for business card issuers and their purchasers. The 2 corporations’ new referral relationship combines Cardlay’s white label spend administration platform with Visa’s market place, cost community, and information capabilities to offer totally embedded business playing cards and spend administration options to their purchasers.
“We’re thrilled to associate with Visa, a extremely revered chief within the digital funds trade,” Cardlay CEO Jørgen Christian Juul stated. “To have the ability to gasoline our product and business progress additional along with Visa is nice and the collaboration will assist convey our imaginative and prescient to life: delivering quick and easy spend administration to business card issuers.”
Cardlay leverages the mixing of digital and plastic cost playing cards, card administration, and expense administration (together with automated VAT reclaim) to assist corporations automate key enterprise processes. A strategic associate to banks, fintechs, card issuers and processors, in addition to different monetary establishments, Cardlay additionally runs its personal digital card program to enhance its software program suite.
Cardlay’s know-how permits business card issuers to take pleasure in a quick time-to-market and ROI, in addition to profit from information capabilities corresponding to real-time digital bank cards and Visa’s Fleet 2.0 information. These capabilities present better effectivity through entry to information and insights, facilitate price discount, and assist help sustainable transportation and mobility budgets.
“We’re delighted to have partnered up with Cardlay and stay up for our work collectively, serving to to streamline monetary operations for companies, offering them with better transparency and management over their spending,” stated Helen Jones, Govt Director, Visa Business Options, Visa Europe.
Headquartered in Denmark and based in 2020, Cardlay Cost Options made its Finovate debut at FinovateSpring earlier this yr. On the convention, the corporate demoed its bank-integrated, real-time expense administration answer, Cardlay Expense. Greater than 500 corporations and 5,000+ customers in 10 markets around the globe are benefiting from the know-how to simplify and streamline the spend administration course of.
Cardlay has raised greater than $29 million in funding in accordance with Crunchbase. The corporate’s buyers embrace International PayTech Ventures and SEB Enterprise Capital.
Photograph by Stefan Grage
Views: 0
