Rebundling financial services in the collaborative ecosystem: Video interview with Banking Circle

Anders la Cour, CEO at Banking Circle Group, talks about the company’s recent acquisitions, what the Banking Circle ecosystem is, why it’s needed, and what’s next

The topics that were discussed:

• What are the major transformations currently happening in the industry and how does Banking Circle Group fit into that?
• Digital transformation is imperative for all businesses as they need to be ready to compete to serve the demands of a changing era. What prevents them to meet these demands? What are their challenges when engaging with the financial services?
• We see that the culture of collaboration is creating a new ecosystem approach to deliver financial services. Could you please describe the Banking Circle Group ecosystem and why it is needed? What are the benefits of becoming part of the Banking Circle Group ecosystem?
• What players are already connected to the Banking Circle Group ecosystem?
• Banks, payments businesses, marketplaces, and fintechs are all under pressure to make their operations as agile and innovative as possible. How is Banking Circle Group helping them respond to the rapidly evolving market needs?
• What is the future of the global financial industry?

About Anders la Cour

Anders is the CEO of Banking Circle Group. He is also the co-founder of Banking Circle S.A., the licenced Payments Bank. Anders la Cour previously worked as a technology and financial M&A lawyer at a tier one law firm in Copenhagen. His experience in legal M&A, as well as in venture capital, coupled with his strong entrepreneurial mindset means Anders understands FinTech. Banking Circle Group allows payment companies, banks, global marketplaces, corporates, and online merchants to access multiple solutions from a single ecosystem, enabling them to respond more rapidly to market opportunities, see significant cost savings and create customer ‘stickiness’.

About Banking Circle Group

Banking Circle Group is a next generation financial technology platform for global commerce, chosen by some of the most successful companies around the world. At the centre of the Banking Circle Group ecosystem is licensed Payments Bank, Banking Circle S.A. The core platform is surrounded by a rich set of complementary e-commerce solutions, including revenue-based financing, business payments, card issuing, B2B Buy Now Pay Later and Account-to-Account payment methods.