Banking Circle is a fully licenced next-generation Payments Bank, designed to meet the global banking and payments needs of Payments businesses, Banks, and online Marketplaces. Banking Circle solutions power the payments propositions of more than 250 regulated businesses.
Year founded
2013
Website
www.bankingcircle.com
Target group
PSPs/Acquirers, Issuers, Alternative Payment Methods, Fintechs, Banks, Regulated Marketplaces, Crypto Exchange/Blockchain, and Crypto Companies
Supported regions
Global
Contact
Daniel Lee, Head of web3 - dale@bankingcircle.com
Company's motto
The Payments Bank for the new economy
Member of industry association and/or initiatives
Bankers Association for Finance and Trade (BAFT), Innovate Finance, Payments Innovation Forum, P27 Nordic payment initiative, The Payments Association, UK Finance, EU Blockchain and Virtual Currencies Working Group.
Crypto Rails B2B
Core solution/problems the company solves
Banking Circle handles cryptocurrencies on its payment rails for payment acceptance, processing, and settlement, delivering an easy-to-implement solution for businesses that want to get into the web3 market.
Crypto payment Service Provider - Gateway /Merchant Acquirer /Processor - Awaiting application approval
Banking product infrastructure
Payments Infrastructure
Settlement networks
B2B payments
Liquidity and execution solutions
Lending - Through partner business, YouLend Not crypto lending
Borrowing - Through partner business, YouLend Not crypto lending
On-chain analytics
Related non-core services
DeFi and CeFi
Speed of transaction processing per second
TPS Banking Circle runs on Ethereum and plans to add other networks during 2023.
Do you generate a token?
No
Related work – is your blockchain infrastructure designed/inspired from other infrastructures?
Banking Circle utilises existing blockchain infrastructure (Ethereum).
Pricing model
POA
Investors
EQT VIII and EQT Ventures
Number of employees
400+
Future developments
For more details please visit https://www.bankingcircle.com/contact-us .
Customers reference
Payments businesses using the core Banking Circle solutions include Stripe, Paysafe, PPRO, Nuvei, Checkout.com, Alibaba.