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Banking Circle Establishes BC Payments to Support Fintechs, Payment Providers and Banks in Australia

August 30, 2023


BC Payments plans to help local fintechs overcome barriers to non-domestic growth. At the centre of these barriers is the current de-risking in the B2B payments space by local incumbents. High-growth, compliant fintechs have often been caught in the crossfire, unable to find a clearing, settlement and cross-border payments partner.

Banking Circle SA, BC Payments’ parent company, already serves over 250 financial institutions globally and is settling more than 10 per cent of Europe’s B2C e-commerce flow.

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