Partnerships / Acquisitions

i2c, CashFlows Partner To Assist European Payment Card Issuers

i2c, CashFlows Team To Aid Payment Card Issuers

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Wednesday (Jan. 22).

Using i2c’s integrated platform, CashFlows can offer potential clients a more extensive range of pioneering solutions.

“We have a partner-led, go-to-market approach with a focus on shaking up incumbent thinking in the industry,” said Jonathan Bennett, chief commercial officer, CashFlows.

He added that i2c not only plays a part in this strategy, but it understands that “by combining capability, agility and speed-to-market,” clients will reap the benefits of “truly differentiated propositions.”

i2c offers a global, integrated platform that is “highly configurable” and will provide CashFlows clients with end-to-end support. The single platform also enables clients to bring almost any type of digital banking or payments solution to market – credit, debit and prepaid programs.

Ted Dargan, head of global partnerships, alliances and initiatives at i2c, said that the CashFlows partnership brings “disruption and new solutions to the market,” advancing the demand for a single platform that can handle any digital banking and payments program.

“Our partnership serves joint clients who are successfully expanding their programs into new markets today, and assures program managers they will have what they need to succeed and grow their business,” Dargan added.

Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

Cashflows was founded in 2010 and became one of the first independent U.K. payments companies to be accepted as a principal member of both Visa and Mastercard, its website indicates.

In October, i2c teamed up with Evolve Bank & Trust, an FDIC-insured financial services organization, to offer an extensive inventory of customizable credit, debit, prepaid and DDA solutions. The partnership enabled Evolve to offer its FinTech clients a way to develop customized banking and payment products.

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