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Home Benzinga

Walletto joins forces with Fintech Poland to empower polish fintechs for global expansion

James Brown by James Brown
November 5, 2024
in Benzinga
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Walletto, a leading Lithuanian fintech company specializing in innovative payment solutions, is excited to announce its membership in Fintech Poland. This partnership marks a significant milestone in Walletto’s commitment to empowering Polish fintech companies by providing advanced payment services and supporting their expansion on a global scale.

As a new member of Fintech Poland, Walletto will offer Polish fintechs companies access to its extensive expertise in card issuing, acquiring services, and global payment solutions. By leveraging its close integrations with Visa and Mastercard, Walletto will enable Polish businesses to optimize their payment processes, facilitating smoother cross-border operations and driving growth on the global stage.

Irina Istjagina, Board Member of Walletto, expressed her enthusiasm about the partnership:

“Joining Fintech Poland is a significant milestone for Walletto. We are thrilled to offer our innovative payment solutions to the vibrant Polish fintech community. Our deep partnerships with Visa and Mastercard will empower local companies to seamlessly operate internationally, helping them unlock new opportunities and scale their businesses globally. We look forward to working closely with industry leaders to foster innovation and support Polish fintechs in expanding into new European markets.”

As a Lithuanian company, Walletto is actively involved in the Fintech Hub LT and is dedicated to addressing the challenges faced by the Lithuanian fintech sector. “We are committed to fostering its development and promoting innovative solutions in our home market. Recognizing the close geographical and economic ties between Lithuania and Poland, we see significant potential for collaboration between our fintech ecosystems. While the Polish fintech landscape shares similarities with that of Lithuania, it also offers unique opportunities for growth and innovation.” In line with our commitment to advancing innovation, Walletto is in the process of integrating the BLIK payment method for Polish merchants. This initiative will provide a fast and seamless payment experience for both in-store and online transactions, while also facilitating cash deposits and withdrawals in PLN currency.

By deepening our presence in Poland, we aim to strengthen the connections between Lithuanian and Polish fintech companies, enhancing partnerships and creating a more integrated regional fintech community. This initiative will enable us to share insights, experiences, and best practices, benefiting both markets and reinforcing our position as a key player in the broader European fintech landscape.

About Walletto

UAB Walletto is a rapidly growing Lithuanian Electronic Money Institution regulated by the Bank of Lithuania. Walletto is a Principal Member of Visa and Mastercard as an Issuer and an Acquirer, and a direct participant of STEP2 (SEPA) and SWIFT.

Through partnership, Polish fintech companies will gain access to:

  • Card Issuing: Walletto provides customized solutions for issuing co-branded physical and virtual payment cards, giving fintechs flexibility in their payment offerings and the ability to reach a global audience.
  • Acquiring Solutions: Walletto offers robust acquiring services, enabling businesses to accept payments online from international clients with ease, enhancing customer experience and boosting revenue.
  • Seamless Global Payments: Through its strong partnerships with Visa and Mastercard, Walletto offers secure, fast, and compliant payment processing across multiple countries, providing local businesses with a gateway to international markets.

About Fintech Poland

Fintech Poland is a platform designed to support the growth of the Polish fintech ecosystem by fostering collaboration between startups, investors, and financial institutions. The organization aims to create a dynamic and innovative environment for the development of financial technology in Poland.

Media contact

Julija Pudenko

Head of Marketing

julia.pudenko@walletto.eu 

Žalgirio str. 92-222, Vilnius,

Lithuania, LT-09303

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