News - 27.02.2020

Banking Circle celebrates banking license and opening of new office

  • Banking

Banking Circle S.A. has today celebrated their new banking license in Luxembourg and opening of their new offices in the presence of the Luxembourg Minister of Finance, Pierre Gramegna. The new fully licensed bank acts as the Fintech’s global headquarters, with the group having further offices in Copenhagen, Amsterdam, Berlin and London.

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Banking Circle is a welcome addition to the Luxembourg Fintech ecosystem and a particularly suitable fit for Luxembourg: more than a bank or a payment service provider, Banking Circle is a banking and payments infrastructure, created to support the B2B propositions of payments and banking businesses. It is rated as among the most promising FinTechs worldwide.

By creating a new service of financial infrastructure for payments and banking Banking Circle gives payment companies and banks of any scale – regardless of geography – the ability to seize opportunities to serve businesses in the new economy without having to make significant investment in their own infrastructure and security and compliance.

Banking Circle’s local team is spear headed by the co-CEOs and co-founders Anders le Cour and Laust Bertelsen.