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Banking Circle recognised for future-proof solutions

Innovative Payments Bank shortlisted for PayTech ‘Top Tech of the Future by a Bank’ award

London, 4th May 2023 – In recognition of its innovative solutions, Banking Circle is shortlisted for the ‘Top Tech of the Future by a Bank’ category in the 2023 PayTech Awards. Winners will be announced at the sixth annual award ceremony in London on 30th June, hosted by comedian Jo Caulfield.

The prestigious PayTech Awards recognise excellence and innovation in the use of IT in the finance and payment industry worldwide. The Top Tech of the Future by a Bank category specifically recognises a bank initiative that is indisputably advanced, forward-thinking, puts the system users ahead of the curve and will define the future of banking and finance.

Laust Bertelsen, CEO of Banking Circle said of the nomination: “Banking Circle is unique in the global payments arena. A future-proof Payments Bank, built on a scalable technology platform, we have achieved significant growth of over 70% in our client base by matching innovation to market need to democratise access to payments for the global economy. We obsess about making cross-border payments more efficient, cost-effective and accessible for B2B payments providers no matter their size and geography.

“The Banking Circle team is committed to developing innovative solutions that provide businesses with better access to international payments. This award shortlisting recognises the determination and dedication of our entire team and the important work everyone has done and continues to do to address the challenges faced by businesses, banks and payments businesses today and in the future.”

The digitalisation of global commerce has accelerated immeasurably and businesses can’t afford to be left behind by their payments processes. They need international payments partners that help them trade cross-border without incurring significant cost or delays. Banking Circle gives financial institutions the ability to offer clients access to affordable, flexible, low-cost, real-time payment, banking and lending solutions, but without having to make significant investment in their own infrastructure. 

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