Banking Circle to acquire B4B Payments

Tuesday 23 November 2021 10:45 CET | News

B4B Payments (B4B), a provider of card issuing solutions for businesses, has announced it will join the Banking Circle ecosystem providing accounts, payments and issuing to payments businesses, banks, and corporates.

According to the official press release, the deal is going through the regulatory approval process. After closing of the acquisition, B4B will operate as an independent sister company of Banking Circle.

Together, Banking Circle and B4B will form a provider of issuing and payment solutions with full value chain-coverage and scalability. As part of the Banking Circle ecosystem, B4B will continue to expand its portfolio of payments solutions for businesses.

The management team will remain with B4B and will continue to lead the company going forward. 

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Keywords: acquisition, Banking Circle
Categories: Banking & Fintech | Payments General
Countries: United Kingdom
This article is part of category

Banking & Fintech