The Hydrogen Technology Corporation, which builds embedded finance and international payments software, has received an investment from EML Payments.
EML made the investment through its incubator FINLAB, but it is unclear how much capital it deployed.
This partnership will see the EML and Hydrogen platforms seamlessly integrate to enable financial and non-financial organisations to offer their customers cutting-edge smart apps linked to physical and virtual payment cards.
Hydrogen empowers companies to offer FinTech products through no-code software. The APIs enable a range of services including physical and virtual cards, payments, money management, accounting, personal finance, financial advice, checking and savings accounts, and trading.
EMLâ€™s managing director and group CEO Tom Cregan said, â€œWe love cementing deals and investing in payments trailblazers. Hydrogen, with the intensity of energy it has already infused into the industry, is no different.
â€œOur commitment is to assist this fast-growing entity in soaring within FinTech via EMLâ€™s capabilities and FINLAB. It’s heartening to know Hydrogen feel in safe and trusted hands with the might of EML’s global reach.â€
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