Worldline, (Euronext: WLN) a European payments and transactional services firm, announced on Wednesday it has formed a partnership with Meniga, a UK-based fintech and digital banking technology provider, to increase digital customer engagement through the creation of personalized banking features.
According to Wordline, the partnership will provide customers with “next-generation” financial tools by combining personal finance management with conversational banking and data analytics. Worldline reported that it aims to elevate its position as a key player in reshaping the payment industry by collaborating with Meniga.
Speaking about the partnership, Michael Petiot, Head of Alliances and Partnerships at Worldline, stated that together with Meniga, he and the Worldline team will bring to the market their “unrivaled” expertise and answer customers demand for their combined service offering.
“This partnership also illustrates our ambitions to speed-up the collaboration with start-ups & fintechs to create the services of tomorrow.”
Georg Ludviksson, CEO and Co-Founder at Meniga, further commented:
“With our combined expertise, Worldline and Meniga will be able to deliver on the fast-emerging demand by building solutions that deliver value to customers across all sectors, with products that their end-users love and benefit from in their day-to-day lives.”
The partnership with Meniga comes just a couple of months after Worldline announced it has acquired French fintech Ingenico for €7.8 billion. Wordline revealed at the time that the transaction would combine companies to create what it claims to be the world’s number four player in payment services with 20,000 employees in approximately 50 countries. The new combined group would offer best-in-class payment services to nearly 1 million merchants and 1,200 financial institutions.