London-based fintech company MuchBetter has partnered with NatWest to launch corporate accounts through its new business banking offering, MuchBetter Business (MBB).
The new service, built on Temenos’ banking technology, offers business operational accounts in 35 currencies, enabling firms to conduct foreign exchange transactions and process payments across the UK, the Eurozone, and international networks. The platform also includes web and mobile banking applications for account management.
According to a statement, MuchBetter says NatWest will provide “essential fund safeguarding, access to payment schemes, foreign exchange capabilities and comprehensive banking support” for its new B2B solution.
Founded in 2017, MuchBetter’s product suite also includes payment gateway solutions, corporate and personal prepaid cards, an e-wallet, and wearable ring payment technology.
Looking ahead, the fintech also indicates it has “additional partnerships and white-label launches in the pipeline”.
Source: https://www.fintechfutures.com/
