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Dutch payments-as-a-service company Ginger to enter US market

Source: Ginger

Ginger​ is closing out 2019 by entering the US market.

Given an increasing number of inquiries from American banks, we will debut Ginger in  the US at this October’s Money2020 event in Las Vegas.  While ​Money2020​ will mark the beginning of our US endeavors, Ginger plans to  announce new partnerships later in 2019 and roll out localized payment features in  early 2020. Additionally, the Ginger team has planned several prospecting trips to New  York City for the coming year and intends to open a local hub later in 2020 to better  serve their North American clients.  

On the move into the US, CEO Roderick de Koning, says: “Thanks to the overall growth in  e-commerce initiatives like Apple Pay, and the success of fintech heroes like Adyen and  Stripe, banks are rethinking their payments strategy. Payments, after a long time, have  become sexy again. Banks are turning to Ginger because our PaaS model offers a novel  way to gain cutting-edge payments capabilities without the upfront capital investment  of developing everything in house. And we do it fast! Not to mention that with us, you  forego ongoing maintenance and update costs.” 

Tom van Wees believes that: “Attending Money2020 will serve as Ginger’s launchpad to  the US. Although we’ve fielded quite a few inquiries of interest to date, we are excited to  introduce ourselves to American players who seek more holistic and flexible payment  solutions that can easily be integrated into their existing IT systems. We think it is  important to attend this event to help shape the future of payments and fully realize the  value of online payments within the financial services industry.”  

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