Easy EP collaborates with Carta Worldwide to boost Southern European FinTech

By Leandra Monteiro

Easy Payment & Finance (Easy EP), a financial payment and technology enabler in Spain, announced that it has selected proven global digital payment company Carta Worldwide, a subsidiary of Mogo Inc., to support its new card offering.

“At Easy, we do not shy away from solving the biggest financial technology challenges, and punch way above our weight to be pioneering financial services. We are proud to lead the embedded banking revolution in Spain by becoming one of the first non-bank Spanish financial institutions licensed to offer banking services to customers, said Jazmin Achi, CEO/Co-Founder, Easy EP. “We remain hyper-focused on building simplified solutions to help European businesses achieve their full potential. Our partnership with Carta Worldwide is the next big step in our goal to provide world-class card services for our customers.”

Easy EP is among Spain’s leading providers of banking and payment infrastructure. It enables a wide range of financial services for corporate and private customers, including real-time SEPA money transfers, global cross-border payments and IBAN bank account management.

Under the new partnership, Carta Worldwide will provide issuer processing services connecting Easy EP to Visa’s payment network. The partnership will enable Easy EP to offer white label prepaid card products to customers across Europe. The product will give customers more choices when it comes to integrating virtual and physical card products into their embedded financial ecosystems.

Easy EP, one of the first non-banking institutions to offer banking services in Spain. Easy EP’s new card products follow its recent authorization as a principal member of Visa – among the first Spanish non-banking institutions to gain direct membership. Now, by leveraging Carta Worldwide’s industry-leading API and expertise, Easy EP is pulling away from the competition and giving customers better access to global financial services.

“European fintech has a hard-earned and well-deserved reputation for driving innovation across the region’s economies, but this success is not evenly distributed,” commented Richard Wray, Chief Operations Officer, Carta Worldwide. “For the rising tide to lift all boats, we need to unlock access for Europe’s sleeping southern giants. That’s why we’re particularly pleased to help Easy EP and its customers access the full breadth of card services to contribute to to drive innovation and growth in a central southern European country.”