Bankingblocks partners with Five Degrees

Bankingblocks partners with Five Degrees | Articles

3 June 2019 by Julieta Atanasova

Bankingblocks uses Five Degrees digital core banking technology to target challenger banks and payment companies segment.

  • Bankingblocks uses Five Degrees digital core banking technology to target challenger banks and payment companies segment
  • Partnership continues to strengthen the position of Five Degrees in the global marketplace

Rai, Amsterdam, 3rd June 2019 – Today Bankingblocks; a wholesale banking provider for fintech and payment companies and Five Degrees; a digital core banking provider, announce its partnership at Money 2020 – one of Europe’s largest financial services and payments events.

Bankingblocks is using Five Degrees’ Matrix solution as their digital core banking platform to launch, innovate and offer disruptive banking services to its global clients and partners including challenger banks, FinTechs and payment companies.

The partnership also strengthens the position of Five Degrees in the global marketplace for digital core banking solutions in the cloud.

Commenting on the partnership, Daria Rippindale, CEO, Bankingblocks said: “Bankingblocks selected Five Degrees due to their ability to build us a bespoke, purpose built modular core-banking solution for our wholesale banking services.”

“We are looking forward to integrating additional services together into the Five Degrees platform over the coming 12 months to add even more value to our fintech customers. Five Degrees are the perfect core-banking platform for us, as their flexibility and modularity allow us to expand our banking and payment blocks easily and with speed.”

“Bankingblocks have built a great proposition by providing modular banking services to fintech companies and we are proud that we are supporting this with our digital core banking platform in the cloud.”

About Five Degrees:

Five Degrees is a banking technology company founded in 2010 and has its headquarters in the Netherlands. By supporting financials in their digital transformation with its next-generation digitalcorebanking platform, Five Degrees is the three-time consecutive member of the FinTech50 and a Dutch FinTech Award winner in the Banking IT category. For more information, visit https://www.fivedegrees.com/ or follow on Twitter @fivedegrees.