Fintech Contis chosen by Mastercard as a principal issuing member


European fintech Contis has detailed a new partnership with Mastercard as a principal issuing member, which will see the firm deliver an end-to-end Banking-as-a-Service (BaaS) platform. 

The collaboration with Mastercard acts as a key step in Contis Group’s global growth ambitions, with it also recently securing full Brexit readiness by moving its entire EEA client-base to its European entity. 

Peter Cox, Executive Chairman and Founder at Contis Group, said: “Contis delivers Europe’s most comprehensive payments BaaS platform. We see this partnership with Mastercard as an important step on our journey to becoming a leading global issuer and processor. 

“It will enable us to augment our offering for prospects and clients by bringing more choice to the market, as we deliver secure frictionless payments to businesses and individuals across Europe and beyond.” 

This new partnership will enable Contis to bring enhanced choice to the market and supplement the range of products and services offered in key commercial verticals including banking, fintech, insurance and corporate remittance.  

Scott Abrahams, Senior Vice President. Business Development and Fintech, added: “At Mastercard we are proud of our track record with Fintechs across Europe, helping them to rise to the next level by sharing our considerable industry expertise, technology and global standards. 

“We are delighted to be working with Contis to bring greater choice and value to consumers and businesses by delivering frictionless experiences and ongoing innovation.”