Banking Circle is a fully licenced next generation Payments Bank that is designed to meet the global banking and payments needs of Payments businesses, Banks and Marketplaces.
Through our API, we deliver fast, low cost global payments and banking services by connecting to the world’s clearing systems – enabling our clients to move liquidity in real-time for all major currencies securely and compliantly.
Our solutions are powering the payments propositions of more than 250 regulated businesses, Financial Institutions and Marketplaces, enabling them to gain the geographic reach and access to the markets in which their customers want to trade. We process over 10% of Europe’s B2C e-commerce flows and in 2021 alone, we processed over 250 billion Euros in payments volumes.
Our mission
Our mission is to increase efficiency and reduce costs around cross-border transactions.
Banking Circle is taking on a job that very few other Banks or FinTechs want to tackle. We have committed significant investment to building a unique super-correspondent banking network so that a cross-border transaction that used to take 5 days and cost 50 Euros, takes only 5 seconds and costs 50 cents in the future.
Our milestones
Banking Circle delivers access to 11 local clearing schemes through a combination of direct clearing and partner banks and enables cross-border payments in 24 currencies.
Since our launch in 2016, we have achieved 108% CAGR in payment volumes settled on behalf of Payments businesses, Banks and Marketplaces.
One year after receiving our banking licence we have doubled our client base to more than 250 regulated businesses, Financial Institutions and Marketplaces, including, Stripe, Alibaba, Paysafe, Nuvei, PPRO, Checkout.com and Paymentsense.
Our investors
In September 2018, Banking Circle was acquired by EQT VIII and EQT Ventures, in partnership with Banking Circle’s founders.
Our locations
We have over 450 employees across four locations.
Luxembourg
2 Boulevard de la Foire
L-1528 Luxembourg
Luxembourg
London
68 King William Street
London, EC4N 7HR
United Kingdom
Copenhagen
Lautrupsgade 13-15
2100 Copenhagen
Denmark
Munich
Maximilianstrasse 54
D-80538 München
Germany
SYDNEY
BC Payments Australia
Level 11, 10 Carrington Street
Sydney
NSW, 2000
Australia
SINGAPORE
BC Payments Singapore
137 Market Street
Grace Global Raffles
Unit #03-01
Singapore 048943
Liechtenstein
Banking Circle (Liechtenstein) AG
Industriering 40
9491 Ruggell
Liechtenstein
Sweden
Banking Circle Sweden, Filial av Banking Circle S.A, Luxembourg
Hyllie Boulevard 34
21532 Malmö
Luxembourg
2 Boulevard de la Foire
L-1528 Luxembourg
Luxembourg
London
68 King William Street
London, EC4N 7HR
United Kingdom
Copenhagen
Lautrupsgade 13-15
2100 Copenhagen
Denmark
Munich
Maximilianstrasse 54
D-80538 München
Germany
SYDNEY
BC Payments Australia
Level 11, 10 Carrington Street
Sydney
NSW, 2000
Australia
SINGAPORE
BC Payments Singapore
137 Market Street
Grace Global Raffles
Unit #03-01
Singapore 048943
Liechtenstein
Banking Circle (Liechtenstein) AG
Industriering 40
9491 Ruggell
Liechtenstein
Sweden
Banking Circle Sweden, Filial av Banking Circle S.A, Luxembourg
Hyllie Boulevard 34
21532 Malmö
Regulatory Information
Banking Circle has been granted authorisation as a credit institution under point (1) of Article 4(1) of Regulation (EU) No 575/2013, (Bank number LUB00000408) and is under the supervision of the Luxembourg Commission for the Financial Sector (www.cssf.lu).
In September 2018, Banking Circle was acquired by EQT VIII and EQT Ventures, in partnership with Banking Circle’s founders. The acquisition will see EQT support Banking Circle’s continued acceleration of its growth strategy, in current and new geographies, as well as the expansion of the product portfolio.
Headquartered in Luxembourg, Banking Circle also has offices in the UK, Germany and Denmark.