Kani Payments, a leading global data reconciliation and reporting platform, has announced a strategic partnership with Pismo, a comprehensive issuer processing and core banking platform.
This collaboration marks a significant milestone for Kani Payments, representing its largest client acquisition and a major leap in its global expansion efforts. Pismo, known for processing over $208bn in transaction volumes annually and its recent acquisition by Visa International in 2024, joins forces with Kani to offer enhanced financial technology solutions worldwide.
Kani Payments, since its inception in 2018, has been at the forefront of offering innovative SaaS solutions that facilitate transaction reconciliation, payment and regulatory scheme reporting, merchant settlement, and customer fund safeguarding.
On the other hand, Pismo has established itself as a global leader in the financial technology space since its foundation in Brazil in 2016. Its cloud-native platform encompasses core banking, payment processing, card issuing, digital wallets, lending, corporate banking, and financial asset management functionalities.
This partnership aims to leverage Kani Payments’ unique data-agnostic reporting and reconciliation platform, which allows for the ingestion of data from any processor or source, enabling complex data sets to be reconciled in minutes. Pismo’s clients, including major banks and FinTechs worldwide, will now have access to Kani’s award-winning platform, further enhancing their operational efficiency and compliance capabilities.
Kani Payments CEO Aaron Holmes said, “Kani Payments is unique because it is a truly scalable SaaS fintech company. It also makes us a perfect match for Pismo, which shares our geographical expansion capabilities.
“Pismo’s cloud-based platform empowers teams to build fast and companies to launch rapidly, and as such, it shares many of our values and a core aim of helping businesses drive efficiency. As a global business, Pismo is the perfect partner to help us realise the next phase of our growth strategy, and we’re looking forward to making our solution available to a much wider market.”
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