Numeral provides a platform for automating payment operations and bank connectivity.

Numeral

Numeral is a payment technology provider for fintechs and banks. 

With Numeral, fintechs and banks can connect to partner banks, access payment schemes, and automate payment operations through a single API and modern dashboard.

Customers include Spendesk, Swile, Alma, Xpollens, Floa, Deblock, Blank, Panto, and others. 

Banks supported include BNP Paribas, BPCE, Société Générale, Barclays, HSBC, ABN Amro, Centrolink, Banking Circle, LHV, and Intesa Sanpaolo. 

€13m raised with Balderton, Hexa / eFounders, and angel investors including Alexandre Prot (Qonto), Matt Robinson (GoCardless and Monzo), and Guillaume Princen (Stripe).

Balderton Capital

Kima Ventures

Alexandre Prot

Didier Valet

Guillaume Princen

Paul Vidal

Tom Blomfield

Legacy core banking systems 💔 instant payment 24 / 7 / 365 requirements.

One of the main obstacles smaller financial institutions face in adopting instant payments is the limitation of their current core banking systems and.

In our latest blog post from our Solutions Engineer Brian O., we review the latest European regulatory requirements and discuss how core banking system architectures have to evolve to become 24 / 7 / 365 and comply with instant payment regulations.

Article here: https://lnkd.in/dJFa7CrQ.

#corebankingsystems #instantpayments #financialinstitutions

New employee benefits customer story: learn how Hexeko saves 120 days per year on their payment operations.

Making money available to their customers’ employees is core to Hexeko’s mission. To do so, Hexeko “needed a solution to automate and accelerate all these workflows at scale,” shares Guillaume Dasnoy, CFO at Hexeko.

Discover how Hexeko delivered on their mission with Numeral: https://lnkd.in/djnnehR6.

#payments #employeebenefits

⚡ The number of SEPA instant payments just went above 3 million daily on EBA RT1 in June, showing 17% growth in volume between January and June alone!

However, SEPA is still lagging behind in terms of share of instant payment compared to our neighbours in the UK and Poland.

The Instant Payments Regulation will fix that — on paper. On the ground, many banks' legacy payment systems still need to be modernised to support instant payments.

Numeral supports financial institutions in complying with instant payment regulations with a fully managed payment infrastructure.

Discover some of the functionalities that our platform brings for instant payment: https://lnkd.in/dSqf22Hy

#sepa #payments #instantpayments

Focus on Poland’s payment systems: Elixir, Express Elixir and BLIK explained 🇵🇱

With dozens of PIs and EMIs, 3.4 billion account-to-account payments per year and instant payments more than doubling in volume every year, Poland is a thriving market for payment services.

In our latest article, we explore what are Poland’s main payment systems and how they compare.

https://lnkd.in/dVyT5hdm

#poland #payments

Polish payments by the number: Elixir, Express Elixir and BLIK payments statistics 📈 

With the early introduction of instant payments and the high adoption of alternative payment methods, Poland is one of Europe's most dynamic payment markets.

In this article, we explore the state of the Polish payment landscape and how bank payment systems Elixir and Express Elixir compare to card and alternative payment methods.

Fintechs can’t provide their services without banks and banks don’t innovate fast enough to capture new usages and markets without fintechs.

In this month’s newsletter, we explore interdependencies between banks and fintechs and the inevitable expansion of bank and fintech partnerships.

Also in this edition: upcoming regulations on virtual IBANs, the transformation of the CFO stack, and our latest product updates.

#newstletter #fintechs #iban #CFO

⚡ Announcing the support of SEPA instant payments and direct debits with Intesa Sanpaolo.

As the deadline to support SEPA instant payments is approaching, we are happy to share that we now enable financial institutions to automate all their SEPA payments with Intesa Sanpaolo through Numeral, including SCT Inst and SDD payments.

⭐  We are delighted to be featured as a rising star in Sifted's Digital Banking (2024) briefing.

Leading neobanks are paving the way for the industry, with Monzo Bank and Revolut reporting profitability for the first time while Starling Bank hits it for the third year in a row.

With regulatory scrutiny increasing, launching and scaling neobanks is more than ever a team sport, as the need for efficient AML and other regulatory-related solutions will only keep growing.

And, of course, today’s and tomorrow’s neobank champions need to rely on solid core banking, card issuing, acquiring, and payment foundations. We are proud to be part of the Infrastructure Providers category.

Finally, it’s always a pleasure to be featured alongside customers Spendesk Financial Services, partners Mambu, investors Tom Blomfield, and friends Thibaud Elziere, Swan, Qonto, and Starling Bank.

Find the full report in the comments 👇

🇮🇸 Looking at the Icelandic market? Numeral now integrates with Arion banki.

This integration adds the support of local payments in Icelandic krónas, as well as SEPA and Swift payments with Arion Banki.

We’re glad to add Arion Banki to our network of 30+ banks enabling SEPA, Bacs, FPS, CHAPS, and Swift payments across Europe.

#banks #payments #integration

🏦 Numeral now supports Swedbank Baltics.

Our customers can now send and receive SEPA, Swift, and treasury payments from their local Estonia, Latvia, and Lithuania Swedbank accounts and benefit from real-time visibility on these accounts from the Numeral API and dashboard.

#swedbank #banks #payments

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