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BC Payments, the licensed subsidiary of EQT- backed innovative tech-led payments business, Banking Circle Group, has launched in Australia. It will provide Australian FinTechs, payments businesses and banks with global payment solutions, facilitating both onshore and offshore growth.
The parent company, Banking Circle S.A., already serves over 250 financial institutions globally and is settling more than 10% of Europe’s B2C e-commerce flow. The latest data shows that in 2022, it processed enough payments to imply €332bn in total annual run-rate payment volumes.
BC Payments has appointed Piers Cracknell as Head of Australia. He joins from his previous role as Director, Strategic Initiatives at National Australia Bank (NAB), bringing over 20 years of...
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