Brim Financial, one of the fastest growing Credit-Card-as-a-Service companies, today announced a strategic partnership with Mastercard, designed to power innovation in credit card platforms in the U.S. Brim will also embed Mastercard’s open banking capabilities across its end-to-end platform.
The introduction of a more robust, modern credit card platform enables U.S. financial institutions, fintechs, regional and community banks and large brands to provide their customers with a more seamless payment experience, while minimizing the challenges that come with building and maintaining advanced technology independently.
“There is significant momentum happening now in the U.S. market when it comes to innovating credit card infrastructure across consumer, small- and medium-sized business and commercial segments,” explains Rasha Katabi, Founder and CEO of Brim Financial. “This partnership with Mastercard will be transformational for companies seeking a sophisticated, modern credit card platform to better serve their customers.”
Brim’s modular platform is designed to significantly accelerate deployment and fully empower institutions to run and evolve their product platforms, per their customer and market needs.
The inclusion of Mastercard’s open banking capabilities within the Brim platform adds to its extensive suite of embedded payments capabilities designed to deliver turnkey solutions for all types of companies looking to launch and run commercial and consumer credit cards.
“In partnership with Brim, we’re able to help our customers and partners remain competitive, with innovative payment solutions that create seamless, secure experiences,” said Hunter Woolley, EVP, North America Business Development at Mastercard.
Brim is a leading provider of financial technology platforms (PaaS) for financial institutions, fintechs and major brands. Brim’s Credit-Card-as-a-Service was ranked by Aite-Novarica Group as best-in-class for product capabilities in its analysis of the global landscape of Credit-Card-as-a-Service providers.
