Banking Circle news and trends

Banking Circle Names Mastercard Vet Kush Saxena as CEO
Personnel // May 18, 2026

Commerce-focused FinTech platform Banking Circle picked a new chief executive. Kush Saxena, a veteran of Mastercard and merchant acquirer Getnet, was named to the CEO role Monday (May 18), the company said in a news release. He replaces co-founder Anders la Cour, who will move...

Banking Circle Unveils Stablecoin Settlement After Landing Crypto License
Blockchain // April 27, 2026

Luxembourg-based financial services company Banking Circle said it has launched stablecoin settlement services. The new offering, announced Monday (April 27), includes fiat-to-stablecoin and stablecoin-to-fiat capabilities from Banking Circle’s core platform, and follows the company’s receipt of a crypto-asset service provider (CASP) license earlier this month....

UK’s Banking Circle Gives Visa Access to Its Local Clearing Rails
Partnerships // May 22, 2025

Payments bank Banking Circle launched a partnership with Visa’s Visa Direct. This collaboration lets Visa Direct access Banking Circle’s “extensive” local clearing rails around the world, thus strengthening Visa’s payment reach for its customers, the companies said in a Thursday (May 22) news release. The...

Banking Circle to Acquire Australian Settlements Limited
Partnerships // January 13, 2025

Banking Circle said Monday (Jan. 13) that it plans to accelerate its expansion into Australia with an acquisition of Australian Settlements Limited (ASL). The acquisition will add ASL’s capabilities as an Australian authorized deposit-taking institution (ADI) to Banking Circle’s global payment infrastructure, the companies said in...

Quick Reads
Marqeta Teams With Banking Circle to Expand in Europe

May 26, 2026
Card-issuing platform Marqeta is teaming up with Banking Circle to expand in Europe, according to a Tuesday (May 26) press release. The collaboration is designed to bring Marqeta’s account and money movement tools to 30 new European countries, the release said. “Europe represents one of our most important growth markets, and bringing these tools to […]

Banking Circle Names Mastercard Vet Kush Saxena as CEO

May 18, 2026
Commerce-focused FinTech platform Banking Circle picked a new chief executive. Kush Saxena, a veteran of Mastercard and merchant acquirer Getnet, was named to the CEO role Monday (May 18), the...

Banking Circle Unveils Stablecoin Settlement After Landing Crypto License

April 27, 2026
Luxembourg-based financial services company Banking Circle said it has launched stablecoin settlement services. The new offering, announced Monday (April 27), includes fiat-to-stablecoin and stablecoin-to-fiat capabilities from Banking Circle’s core platform,...

UK’s Banking Circle Gives Visa Access to Its Local Clearing Rails

May 22, 2025
Payments bank Banking Circle launched a partnership with Visa’s Visa Direct. This collaboration lets Visa Direct access Banking Circle’s “extensive” local clearing rails around the world, thus strengthening Visa’s payment...