The dynamic nature of FINTECH is on view at Limonetik and results to date demonstrate this! Limonetik, the expert in International payment methods and payment solutions for merchants and marketplaces, who was proud to announce an increase of over ...
The dynamic nature of FINTECH is on view at Limonetik and results to date demonstrate this! Limonetik, the expert in International payment methods and payment solutions for merchants and marketplaces, who was proud to announce an increase of over 290% payment transaction volumes processed on the platform in 2015, confirms its strong market position with the signing of several strategic contracts earlier this year.
This growth, which accelerated even further in the first quarter of 2016, with an increase of 64% in transaction volumes, was made possible through the interoperability of Limonetik's solution with a majority of payment methods, large e-commerce websites and marketplaces. Not to mention Limonetik's Payment Service Providers partners which now account for 30% of all transactions on Limonetik's technology platform and which, each covering several regions Worldwide, are perfectly positioned in the Limonetik's International strategy.
Affirming its market leadership in the overall management of means of payment, Limonetik's direct connectivity to merchant sites and PSP's, collection or reconciliation of financial flows, Limonetik currently connects more than 3 new payment methods per month to its platform. Today, in addition to numerous Asian, Russian or LatAM payment methods, the company supports International growth in multiple currencies for several of its customers and strengthens its presence in various sectors like travel, with the signing of a major contract with UATP ; through this partnership, 260 airlines are now able to access to Limonetik's payment portfolio in a 'processing only' or 'full service' model .
Looking forward in 2016-2017, Limonetik will continue on this aggressive path, seeking to manage the volumes that will enable it to achieve further triple-digit growth. To support this scalability, Limonetik recruits employees in its technical and commercial teams and strengthens its alliances with existing and new partners.
"Our dynamism has taken off.! As proof, Limonetik has just signed a contract with one of the largest German PSP's and will soon be launching a marketplace in the physical world. Limonetik is also proud to announce that we were selected by Business France to participate in the French Tech Tour Russia taking place in early June. We are proud to be part of the French FINTECH sector and we will not stop there! "Adds Christophe Bourbier , CEO co-founder of Limonetik .
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Limonetik via Globenewswire
Source(s) : Limonetik
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