Banking Digital Digital Payments Fintech News

SEPA Cyber Technologies Unlocks a New Market for MultiBank

SEPA Cyber Technologies Unlocks a New Market for MultiBank

SEPA Cyber Technologies, a global fintech provider, is providing MultiBank Group with fintech and regtech solutions to grow into a fully digital bank and expand their business. The final goal is to enrich their service portfolio and become licensed EMI (Electronic Money Institution) in the EEA.

To reach this aim, SEPA Cyber Technologies is consulting MultiBank on licensing and incorporation as well as principal membership for VISA, MasterCard, and Union Pay. The two companies have set ambitious deadlines and plan to go live before the end of 2021.

Read More: Deutsche Bank Partners with Oracle to Accelerate Technology Modernization

The revolutionary services of SEPA Cyber will open the doors for MultiBank to complete digitalisation. The full package of solutions includes a digital wallet, issuing and acquiring processing, IPG, KYC, KYB, PEP and Sanctions.

‘We are extremely honoured that a financial giant such as Multibank Group has chosen SEPA Cyber with the delivery of financial technologies and consultancy services. We know we’re on the right track when people part of TOP 50 Influential Figures in Global Financial Markets choose us as their trusted technology and solution provider.’

–          Marvin Blazhevski, CEO and Founder of SEPA Cyber Technologies

Read More: Emart to Acquire eBay’s Businesses in Korea

“I have always firmly believed that a company is nothing without the effort and support of its core team that works hard in their day-to-day job and making this happen. In this aspect, I have been blessed to have a very talented team, particularly our extremely competent and dynamic Management Board.”

–          Mr. Naser Taher – Chairman of MultiBank Group.

Read More: Financial Institutions Can Now Provide Consumers Easy Access to Bitcoin via Fiserv and NYDIG

Related posts

Venture Capital Arm of CUNA Mutual Group Launches Discovery Fund Targeting Early-Stage Start Ups Founded by People of Color and Women

Fintech News Desk

RightRev Partners with Sage and Launches Sage Intacct Integration, Providing Advanced Revenue Recognition for Finance Teams

Business Wire

Q2 Unveils 2025 State of Commercial Banking Report

Business Wire
1