Manchester FinTech BankiFi has joined Visa Fintech Partner Connect in Europe, a programme that helps Visa’s clients deliver new digital banking solutions.
The partner programme focuses on Visa’s clients who have shown an interest in improving their digital proposition for SMEs.
BankiFi, which placed sixth on our FinTech 50 ranking last year, specialises in payment processing and financial administration services for SMEs.
From invoicing and accounting to cashflow forecasting and working capital optimisation, it aims to allow banks to liberate SMEs from time-consuming financial admin.
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Nick Reid (pictured above), head of sales, Europe and North America, said: “Amidst growing competition and disruption from digital challengers, many banks are suffering from an erosion of their business banking market share. BankiFi empowers banks to protect and grow SME market share and preserve the relevance of digital business banking channels.
“We are excited to partner with Visa, who are at the forefront of innovation in digital solutions for SMEs. Through Visa’s partnership and support, we are eager to bring our solutions to banks in additional European markets.”