Banking Circle Revenue and Competitors
Estimated Revenue & Valuation
- Banking Circle's estimated annual revenue is currently $180M per year.
- Banking Circle's estimated revenue per employee is $232,856
- Banking Circle has 773 Employees.
- Banking Circle grew their employee count by 87% last year.
Banking Circle Competitors & AlternativesAdd Company
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What Is Banking Circle?
Banking Circle is a next-generation provider of mission-critical financial services infrastructure leading the rise of a super-correspondent banking network. Banking Circle empowers financial institutions to support customers' trading ambitions â€“ domestic and global - whilst reducing risk and the operational cost of transactions. The world of banking and payments is at a turning point. And the winners in this changing world will be those organisations recognising the importance of playing to their strengths; building alliances with strong partners who complement their own customer proposition. By becoming a member of the Banking Circle, financial institutions can offer their customers banking services â€“ from payments to loans â€“ to help them trade domestically and globally, efficiently and at low cost. Importantly they can help their customers improve cash flow through enhanced speed of settlement whilst remaining fully compliant with financial regulation. Banking Circle solutions are increasing financial inclusion by helping thousands of businesses transact across borders in a way that was previously not possible. The cost and time involved with traditional cross border payments have been prohibitive to many businesses, halting their global expansion plans and limiting their prospects. Banking Circle is empowering financial institutions to support their customers' international trading ambitions, without the need for multiple banking relationships, whilst reducing risk and the operational cost of transactions. Businesses which were previously financially excluded are now able to participate in the digital economy in a way which was not previously possible. In September 2018, Banking Circle was acquired by EQT VIII and EQT Ventures, in partnership with Banking Circle's founders. The acquisition will see EQT support Banking Circle's continued acceleration of its growth strategy, in current and new geographies, as well as the expansion of the product portfolio.keywords:Banking, Fin Tech
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Banking Circle News
Register for our upcoming webinar with Banking Circle on Thursday 30 June ... as payments businesses and banks aim to stake a claim in the...
Banking Circle is a financial technology platform for global commerce, working with companies, banks, marketplaces and online merchants to digitalise...
Founded in 2013, Banking Circle is a fully-licensed bank and facilitates cross-border payments in 25 currencies. Clients include Stripe Inc. and...
Earlier this week, Online Payment Platform, the Netherlands based payment services provider, chose Banking Circle to help it support global marketplaces As confirmed in a release, Online Payment Platform selected payments specialist and licensed bank, Banking Circle, to “enhance its marketplace ...
The team at Banking Circle, a leading financial infrastructure developer, notes that as the first quarter of 2021 comes to an end, anti-money laundering or AML measures have been “a key focus in the industry.” The company writes in a blog post that following the news from McKinsey that anywhere ...
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