Mbanq started as a technology provider in 2002 and pivoted into Software-as-a-Service in 2017, subsequently evolving into a leading Banking-as-a-Service provider in the world.
Mbanq has been operating since 2002 with banks in the US, Europe, and Asia. It has offices and development centers in the US, Germany, Croatia, Montenegro, Cambodia and Singapore.
Mbanq’s payment solution is MbanqPay, a global payment solution for digital banking with different payment rails into one service. MbanqPay is offering an interoperable payments solution that provides a gateway between the modern and legacy payment rails, such as:
- SWIFT Payments
- SEPA Payments
- Visa and Mastercard
- IBM Worldwire
- RippleNet Payment System
Even though Mbanq has been working closely with IBM World-Wire to launch a blockchain-based global payment and settlement system, the addition of Ripplenet to its payment solution could be a result of growing demand from FIs.
This adds one more company to the growing list of Ripplenet integrators.