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Trading 212 Partners with Paynetics to Seamlessly Integrate Multi-Currency Accounts and Card Payment Solutions

May 09, 2024
1 Min Read

In order to incorporate multi-currency accounts and card payments into its trading services, Trading 212, an FCA-regulated online broker that provides trading services, is teaming up with Paynetics, a European embedded finance provider.

With its most recent cooperation, Trading 212 will be able to take advantage of the Paynetics infrastructure while expanding its offerings even further. This will allow its clients to use their account balance for regular spending without having to cash out.

Trading 212 is able to offer its consumers this new card solution, which gives them more extensive access to financial services via a single app, thanks to Paynetics' embedded finance technology.


Paynetics UK co-founder Ivo Gueorguiev made the following statement about the collaboration: "Trading 212's cutting-edge technology distills a complicated world into a simple and accessible app available in people's pockets.

Through the use of Paynetics' infrastructure, Trading 212 will be able to carry on giving investors the capacity to expand their trading internationally. Working with Trading 212 as it upends the stock market is something we are excited about.

Paynetics, which has more than 115 embedded finance clients, gives clients the ability to create, develop, and manage financial products, promote financial inclusion, drive innovation, and increase social impact using advanced payment infrastructure.
 

"Democratizing savings and investments is something that we're very passionate about, and this partnership allows us to increase the capabilities of our commission-free platform for our customers," stated Kaloyan Yanchev, head of payments at Trading 212.

Trading 212, which has its headquarters in London, offers regulated investment services, savings plans, and active trading on international financial markets. With its user-friendly yet robust financial platform, the app opens up savings and investing to anyone.
 

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