Mastercard to Support Scottish Fintech's APAC Expansion
Mastercard has announced an expanded strategic partnership with Eedenbull to cover Asia Pacific as the Scottish fintech eyes a slice of the region's business-to-business payments market.
Building on its partnership in Europe, Eedenbull will leverage Mastercard's advisory experience, commercial solutions and network of customers and partners as it rolls out its new commercial cards platform to banks in the region, the announcement on Tuesday said.
Based in Norway, Scotland and Singapore, EedenBull is a technology-agnostic innovation company built by banking, payment and technology professionals. It operates a spend management platform to digitize the slow and costly processing of checks and cash.
«While payment products and services are now more user-friendly, product management is growing more complex and requires access to specialists in marketing, revenue management, IT, legal, regulatory and many other areas,» Nicki Bull Bisgaard, CEO EedenBull, said in the statement.
