Sunday, December 22, 2024

MoneyGate: Signs core banking deal with Finartix

  • Cypriot electric money institutions (EMI) MoneyGate selected Finartix’s Capital Banker as its new core banking system.
  • MoneyGate applying for EMI status with the Central Bank of Cyprus
  • The firm in the process of an EMI application with the Central Bank of Cyprus
  • It aims to act as a challenger bank for corporate and retail banking customers
  • Capital Banker deploying on the cloud. Finartix says the implementation will complete by the end of Q1 2021
  • Capital Banker the right fit for the high expectations of the company and its future customers

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