Categories: Analysis

Neobank Ampere signs Mastercard agreement

Ampere, the neobank offering all-in-one financial services for SMEs, today announced its partnership with Mastercard to expand its services and remittance offerings, marking a milestone in its mission to optimize financial solutions for SMEs.

Ampere is now at the forefront of the neobanking industry, giving its customers access to card-to-card payments that convert over 60 different currencies faster and cheaper than traditional banking systems. Ampere eliminates the previously inconvenient delays and complications associated with international payments.

This announcement comes weeks after Ampere’s strategic expansion across the European Union. Businesses based in the UK and Europe can now easily open an Ampere account, providing a smooth and efficient route to marketing in the EU.

Ampere is an SME-specific neobank based in London, UK, founded in 2022. It offers business banking for SMEs with services such as loans and financing, affordable card payment processing for merchants and a multi-currency offering with exchange rates starting from 0.35% and integrated intelligent accounting tools to streamline invoicing, receiving and tax processes.

Victor Baron, CEO and founder of Ampere, said: “We are excited to expand our services together with Mastercard to offer SMEs a faster and cheaper all-in-one financial solution.” We look forward to serving businesses in the UK and Europe to help address the challenges and opportunities of today’s global economy.”

Kris Krupecki, commercial director, said: “Our card-to-card payments offering and recent pan-European expansion enable SMEs to seamlessly expand their own financial and operational growth through cross-border transactions.” At a time when SMEs are ahead If you face a variety of economic or operational challenges, you can rely on Ampere as a tailor-made, integrated and efficient banking partner.”

David Brooks

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