Intergiro and Retreeb launch innovative Sustainable Payment Solution
By Gloria Methri
European Banking as a Service (BaaS) platform Intergiro has partnered with Retreeb, a Swiss payment solution empowering consumers to support social causes.
This partnership will see the launch of Retreeb’s sustainable payment solution and reinforce its commitment to value redistribution and corporate social responsibility (CSR), supported by Intergiro’s embedded finance technology.
Retreeb’s innovative payment model distributes 33% of revenue towards CSR initiatives, reflecting its vision to reinvent payment systems for a sustainable future. Intergiro will be supporting this vision with its BaaS platform and will provide Retreeb with off-chain financial flow management services in the Eurozone.
Intergiro’s regulated services are offered exclusively via API, covering the entire payment value chain, and are backed by Swedish electronic money (EMI) license. This license permits Intergiro and its partners, to serve the European Economic Area (EEA) as a payment provider and electronic money institution. By partnering with Intergiro, Retreeb is now licensed to deploy its solutions throughout Europe.
Intergiro’s CEO Nick Root, comments on the partnership, “We are excited to be working with Retreeb and committing our efforts to create more sustainable payment options. FinTech innovation is constantly evolving to help make a real impact on the world and help influence individuals to make the right environmental, social, and financial decisions, and that is exactly our focus with this new partnership with Retreeb.”
This partnership follows Intergiro’s recent response to the ongoing economic crisis and inflation, where the company is now offering free banking services to merchants who open an Intergiro merchant business account.
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