Norway based fintech company Eedenbull has launched a commercial cards platform to enable banks to tap into the B2B payments space. The company recently launched its Q Business programme with 65 banks in the Nordic region and the commercial cards platform is an extension of the programme. The potential user base of this platform ranges from small business to large corporates and across all B2B spend categories.
“‘Whilst payment products and services often becomes more and more user friendly, the product management becomes more and more complex and requires readily access to specialists in product management, in marketing, in revenue management, in IT and platforms, in legal and regulatory areas to mention but a few,” said Nicki Bisgaard, CEO at EedenBull.
The company is fully licenced and is a regulated e-money institution under EU/EEA legislation and has obtained principal issuing licences from Mastercard, Visa and Union Pay. The company plans to launch programmes in multiple regions in the coming 12-24 months with targeting bank partners in select markets around the globe.