Front Ventures portföljbolag, Intergiro, har inlett ett samarbete med schweiziska Retreeb. Se nedan för pressmeddelande från Intergiro.
Intergiro partners with Retreeb to launch innovative sustainable payment solution
Intergiro, a leading European Banking as a Service (BaaS) platform based in Sweden, announces its partnership with Retreeb, a Swiss payment solution empowering consumers to support social causes. This partnership marks a significant milestone towards the launch of Retreeb’s sustainable payment solution and reinforces its commitment to value redistribution and corporate social responsibility (CSR), supported by Intergiro’s innovative embedded finance technology.
Fintech for a more ethical world
Retreeb’s innovative payment model distributes 33% of revenue towards CSR initiatives, reflecting its vision to reinvent payment systems for a sustainable future. Intergiro will be supporting this vision with its BaaS platform and will provide Retreeb with an off-chain financial flow management services in the Eurozone, enabling the Swiss fintech to create Euro accounts for its users and offer an enhanced payment experience.
Intergiro’s regulated services are offered exclusively via API, covering the entire payment value chain, and are backed by a Swedish electronic money (EMI) license. This license permits Intergiro, and by extension its partners, to serve the European Economic Area (EEA) as a payments provider and electronic money institution. By partnering with Intergiro, Retreeb is now licensed to deploy its solutions throughout Europe.
A partnership for good
The collaboration between Intergiro and Retreeb exemplifies Retreeb’s ”blockchain for good” mission, which aims to transform the finance industry’s aim from ”make as much profit as possible” to ”make as much profit as possible to share”. This partnership represents a significant step forward in creating sustainable financial ecosystems that empower individuals to make a positive impact on society and the environment.
The Intergiro partnership plays a crucial component in Retreeb’s ongoing commitment in creating a sustainable payment solution. With each other’s support, Intergiro and Retreeb are well-positioned to transform the payment industry, driving innovation and positive change.
Intergiro’s CEO Nick Root, comments on the partnership, “We are excited to be working with Retreeb and committing our efforts into creating more sustainable payment options. Fintech innovation is constantly evolving to help make a real impact on the world and help influence individuals to make the right environmental, social and financial decisions, and that is exactly our focus with this new partnership with Retreeb.”
This partnership follows on from Intergiro’s recent response to the ongoing economic crisis and inflation, where the company is now offering free banking services to merchants who open an Intergiro merchant business account.
To find out more about Intergiro’s BaaS platform, visit its website: https://www.intergiro.com/
About Intergiro
Intergiro is a Swedish fintech company that provides a financial ecosystem for innovators, disruptors, and digital builders. Its Banking as a Service platform provides the infrastructure needed to deliver financial services to businesses, giving them the ability to offer a range of services to their customers without having to build and maintain their own banking license or infrastructure.
Intergiro is committed to providing sustainable and ethical financial solutions, empowering businesses to make a positive impact on society and the environment. With a strong focus on innovation, Intergiro is dedicated to driving change and revolutionizing the payments industry.
About Retreeb
Retreeb is a Swiss fintech company that provides a sustainable mobile payment solution through blockchain technology. Since its establishment in 2019, Retreeb has been committed to promoting universal values of ethics, sharing, and solidarity, empowering users to make conscious choices in sustainable consumption. https://retreeb.io/
För mer information kontakta:
Johan Lund
Verkställande direktör
Front Ventures AB (publ)
070 – 55 653 54
johan.lund@frontventures.se
www.frontventures.se
Om Front Ventures AB (publ)
Front Ventures är ett nordiskt investmentbolag, specialiserat på att hjälpa innovativa bolag inom fintech att skala upp affären. Front Ventures agerar som finansiär och katalysator i fasen där tillväxtchanserna är störst. Målet är att våra investeringar ska uppnå satta mål inom 36 månader. Front Ventures B-aktie är listad på handelsplatsen NGM Nordic SME.