Tag: Banking circle

Saxo Payments Banking Circle tackles cashflow gap faced by online merchants
September 11, 2018 BY Valentina Kirilova

Saxo Payments Banking Circle tackles cashflow gap faced by online merchants

Financial utility Saxo Payments Banking Circle has just announced that it has launched Banking Circle Receivables Factoring giving Payment Services Providers (PSPs) and FinTechs another add value for their client offering. Through this new lending solution, PSPs can now offer their merchant customers the facility of instant settlement of receivables due, without waiting for settlement…

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saxo bank banking circle sold eqt
July 09, 2018 BY LeapRate Staff

Saxo Bank sells Banking Circle to Swedish PE firm EQT

Copenhagen based Retail FX brokerage group Saxo Bank is continuing a radical makeover of the company and jettisoning of non-core assets, agreeing to sell its Banking Circle payments unit to Swedish private equity firm EQT partners. The parties did not disclose a price for the transaction. Prending regulatory approval, the sale is expected to close…

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April 13, 2016 BY Maria Nikolova

Saxo Payments partners with payments solution provider FC Exchange

Saxo Payments, a global transactions services provider which is a part of Saxo Bank, has entered into a new partnership with currency broker and international payments solution provider FC Exchange. Under the terms of the new agreement, the Saxo Payments Banking Circle will help FC Exchange deliver sophisticated solutions to its clients. FC Exchange provides…

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February 02, 2016 BY Maria Nikolova

Saxo Payments adds six new currencies to the Banking Circle offering

Saxo Payments, the global transactions services provider which is part of Saxo Bank, today announces the expansion of the reach of the Saxo Payments Banking Circle through the addition of six new currencies. In response to customer demand, Banking Circle transfers can now be carried out in United Arab Emirates Dirham (AED), Hong Kong Dollar…

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