Trading 212 and Paynetics have embarked on a strategic partnership to enhance financial services for users across Europe.
Trading 212, a European stock trading app, offers comprehensive investment services, including savings and active trading. Headquartered in London, the company is recognised for making financial markets accessible to a broad audience with its user-friendly platform. On the other hand, Paynetics shines as a pivotal player in embedded finance, providing robust infrastructure for payment solutions and financial services integration.
The collaboration between Trading 212 and Paynetics aims to introduce multi-currency card services, significantly simplifying currency management for users who engage in international trading. This service will allow Trading 212’s clientele to manage multiple currencies through one accessible card, making global trading more seamless than ever.
Ivo Gueorguiev, Co-Founder at Paynetics UK, expressed his enthusiasm about the collaboration, stating, “We’re delighted to be partnering with Trading 212. Their innovative technology condenses a complex world into a simple and accessible app available in people’s pockets. By using Paynetics’ infrastructure, Trading 212 will be able to continue empowering investors with the ability to scale their trading globally. We look forward to working with Trading 212 as it disrupts the stock market.”
Kaloyan Yanchev, head of payments at Trading 212, also shared his excitement about the partnership, adding, “We’re extremely excited to be working with Paynetics – a leader in embedded finance. Democratising 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.”
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