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New partnership enables Igson Capital AG to give its business customers advanced multicurrency account solutions
London, 24th March 2022 – Swiss financial services provider, Igson Capital AG, is enhancing its IBAN offer for companies by working in partnership with tech-first Payments Bank, Banking Circle.
Utilising Banking Circle Virtual IBAN, Igson Capital AG will also benefit from Faster Payments and SEPA instant transfers and global SWIFT infrastructure.
Headquartered in Zug, Switzerland, Igson Capital AG delivers a range of solutions to its business customers, including multicurrency accounts, payments-on-behalf-of (POBO) and a broad scope of currencies exchange.
“Our mission is to provide our business customers with access to European financial services infrastructure through the Swiss hub in a flexible and reliable way” commented Jarosław Lejko, CEO of Igson Capital AG.
“To achieve this we needed to increase the reliability of our banking infrastructure, especially for the B2B multicurrency accounts and Banking Circle is the perfect partner, offering the range of currencies and scope and quality of services we needed.”
Anders la Cour, Chief Executive Officer of Banking Circle Group, added: “We look forward to working in partnership with Igson Capital to further enhance and broaden their offering in the future.”
About Banking Circle S.A.
Banking Circle S.A. is the Payments Bank for the new economy. As a fully licenced bank, free of legacy systems, Banking Circle enables payments companies and banks of any scale to seize opportunities in the new economy – quickly, at low cost.
Banking Circle S.A. is a modern correspondent bank committed to building a local clearing network for all major currencies, to deliver fast, low cost payments with no hidden fees for the beneficiary. It provides a suite of unique and award-winning banking solutions, including multi-currency banking accounts and Virtual IBANs, bank connections for local clearing and cross-border payments, all underpinned by market leading compliance and security.
Through bespoke, flexible, scalable and futureproof solutions Banking Circle S.A. is enabling financial institutions to help their customers transact across borders in a way that was previously not possible.
Headquartered in Luxembourg, Banking Circle S.A. has offices in London, Munich and Copenhagen.
Banking Circle S.A. is an affiliate company in the Banking Circle Group ecosystem which serves payment companies, banks, global marketplaces and online merchants through a rich set of complementary eCommerce solutions. These include global cross-border payments, accounts and liquidity management, embedded finance, business payments & card issuing, B2B Buy Now Pay Later and account-to-account payment methods.
Banking Circle Group is owned by EQT VIII and EQT Ventures, in partnership with Banking Circle S.A.’s founders. The Group entities have offices in Amsterdam, Copenhagen, London, Luxemburg, Munich, Singapore and Stamford, Connecticut.