18 December 2017
visit www.aciworldwide.com

Payconiq moves HQ to Luxembourg

01 September 2017  |  7313 views  |  0 Source: Payconiq

Payconiq, the mobile payment service for online, on-the-go and direct payments, has relocated its headquarters to Luxembourg.

The company started in Amsterdam where Payconiq was founded and has thrived under the wings of ING’s innovation hub. Starting today, Payconiq will continue as an independent entity, putting down roots in the 'payments capital’ of Europe.

Luxembourg will act as Payconiq’s central hub for the countries in which it is active and drive the company’s continued expansion in Europe. Following the relocation, Payconiq is supervised by the Commission de Surveillance du Secteur Financier ("CSSF"), the supervisory authority for the financial sector of the Grand Duchy of Luxemburg.

Along with the move, Payconiq, as sole entity, has received investment from ING, KBC and Belfius as shareholders. In the near future, more international operating banks will participate in the mobile payment service provider.

Duke Prins, Payconiq CEO: “The relocation of our headquarters to the heart of Western Europe is a new step in the development of Payconiq as a European payment service. With a number of powerful international banks as shareholders, we will be able to accelerate our growth throughout Europe.”

Payconiq is already active on the Belgian market and will soon enter the Dutch market. In Luxembourg, the company has joined forces with the Luxembourg fintech startup Digicash Payments, a mobile payments service offered by a number of banks in Luxembourg. Thanks to the cooperation with Digicash, customers will be able to use Payconiq for online, on-the-go and direct payments right across the Benelux in 2018. 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.thomsonreuters.infovisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11019 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
8398 views comments | 11 tweets | 12 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7510 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
6984 views comments | 6 tweets | 26 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6942 views 0 | 4 tweets | 2 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job