LONDON – 2nd May 2019
Zelig Associates is pleased to announce that it acted as exclusive financial adviser to Bankable, the leading provider of digital banking solutions to financial institutions, corporates and FinTechs globally, on the recent strategic investment by Visa.
On 30th April 2019, Bankable announced a strategic partnership with Visa to enable financial institutions and banks to access real-time and modular banking solutions worldwide together with a strategic investment in Bankable by Visa.
“Bankable is proud to join the Visa global family. We are already at work with Visa’s existing partners. Visa’s support of Bankable’s vision, team and technology means a lot to us. We also found a strong cultural alignment with Visa in terms of business approach, speed and appetite to partner with clients to deliver the banking of the future.”
Founder and CEO, Bankable
“Visa’s investment in Bankable is another example of the strategic partnerships we are making in companies to help clients deliver improved customer experiences faster and easier than ever. The ecosystem is growing and innovating at the speed of light, and the Banking-as-a-Service model enables financial institutions and FinTechs to be more agile in this ever-changing market. Our strategic partnership with Bankable will support our clients as they continue to adapt to an evolving landscape.”
Global Head, Strategic Partnerships and Innovation, Visa
Bankable is a global digital core banking platform and Banking as a Service provider. We help financial institutions, corporates and FinTechs deploy, orchestrate and operate highly differentiated payment solutions with quick time to market.
Bankable provides an exhaustive range of digital baking and payment solutions under a “Banking as a Service” model. Our core digital banking platform is available in white-label or via APIs, enabling our clients to quickly deploy banking solutions – including digital banking solutions, virtual account solution, payment processing services, card programmes and mobile wallet services. Our client base includes both regulated financial institutions (Banks, Electronic Money Issuers, Payment Institutions, Insurance companies…) and non-regulated global corporates and FinTechs who use our platform and Partner’s Ecosystem to deploy digital banking and payment services and generate new revenue opportunities.
About Zelig Associates
Zelig Associates is an independent investment bank focused exclusively on FinTech. From offices in London, New York, Toronto, Munich and Tel Aviv, we provide financial and strategic advisory services to entrepreneurs, corporates and investors operating in the FinTech sector globally.