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13 May 2020
New York
Reporter Maddie Saghir

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Volante to support emerging fintech with European payments market expansion

Volante Technologies has been selected to provide services to support Niche Global, a rising fintech player.

Niche Global will utilise Volante’s cloud-based SEPA instant payments-as-a-service solution to accelerate its expansion into the European payments market.

Based in Hong Kong, Niche Global is a fintech innovator providing instant remittance and debit card solutions in Asia that simplify the complexity of payments for consumers and businesses.

By offering SEPA instant payments to its customers, the organisation plans to increase the reach of their digital wallet and omnichannel payment services in Europe, according to Volante.

Volante’s service supports Niche Global’s aspirations to quickly scale the business without the overhead of setting up its own payment processing infrastructure and focus on delivering propositions that differentiate themselves in the market.

Tony Xiao, director and CEO, Niche Global, commented: “We aim to build our service using a robust and efficiently managed infrastructure. A proven track record in delivering payments as a service with solutions based on next-generation cloud technology was key for us in our selection of Volante. We are ready to move fast in order to offer innovative payment and remittance services to our customers and we firmly believe that Volante is the right partner to enable us to do this.”

Nihit Ahuja, regional sales head, Europea, Middle East and Africa, Volante Technologies, added: “We are delighted to enable Niche Global’s path to innovation by providing them with an end-to-end instant payments processing service. Our service can be accessed easily through a single API for transaction initiation, integration, payment processing, and clearing connectivity.”

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