Enterprise account supplier ANNA Cash has teamed up with card infrastructure firm Episode Six.
By way of the partnership, ANNA Cash has migrated its enterprise card program to Episode Six’s platform to higher serve its small enterprise clients.
Headquartered in Cardiff, Wales, ANNA Cash made its Finovate debut at FinovateEurope 2020.
All-in-one enterprise account supplier ANNA Cash has partnered with card issuing and ledger infrastructure firm Episode Six. ANNA Cash has efficiently migrated its enterprise card program to Episode Six’s platform to higher meet the product, growth, and integration wants of its clients.
“We would have liked a associate with confirmed infrastructure and the flexibility to match our tempo and growth,” ANNA Cash COO Alex Kokovin mentioned. “Episode Six delivered on all fronts, addressing the restrictions we beforehand confronted. Their expertise permits us to supply enterprise debit playing cards, ship a seamless expertise to our clients, and scale with confidence. We reviewed a lot of distributors and Episode Six stood out for his or her expertise, agility, and confirmed capacity emigrate dwell card applications efficiently.”
ANNA Cash has leveraged Episode Six’s trendy card infrastructure to combine digital and bodily card capabilities into its mobile-first enterprise account answer. The combination permits visibility into real-time transactions, instantaneous card issuance, and the flexibility to configure each options and workflows. A core part of ANNA Cash’s providing, enterprise debit playing cards allow the fintech’s clients to pay suppliers and make enterprise funds immediately from their account conveniently and securely. Of their announcement, the businesses famous that their partnership comes as demand for contemporary card options is rising amongst SMEs within the UK. A 2024 examine by Juniper Analysis estimated that the variety of playing cards issued by trendy card issuing platforms will soar from 748 million in 2024 to 1.4 billion in 2029.
“ANNA Cash is a good instance of what’s doable when fintechs pair imaginative and prescient with the proper infrastructure,” Episode Six CEO and Co-Founder John Mitchell mentioned. “By leveraging our platform, they’ve migrated to a complicated card platform to boost the general ANNA Cash providing for its enterprise clients, at scale and with velocity.”
Episode Six helps banks, fintechs, and types launch card, deposit, and credit score merchandise at velocity and scale their choices with out having to rewrite their core. The corporate’s expertise permits corporations to construct shopper, enterprise, and secured bank cards; pay as you go and debit playing cards; business playing cards and spend controls; multi-currency playing cards and wallets; digital accounts and embedded wallets; installments, BNPL, lending options, and extra. Based in 2015 and headquartered in Austin, Texas, Episode Six operates in 50 markets all over the world, has greater than 70 enterprise clients, and greater than 40 million finish customers.
Headquartered in Cardiff, Wales, and based in 2017, ANNA Cash made its Finovate debut at FinovateEurope 2020. On the convention, ANNA Cash demoed how its tax and VAT accounting performance gives self-assessment and VAT returns with out the price of counting on devoted accountants. The expertise robotically categorizes and reconciles bills, calculates VAT and tax in actual time, and submits accomplished tax and VAT returns to the HMRC.
This week’s announcement comes weeks after ANNA Cash reported that it was working with Australian fintech Shaype, which helps companies embed banking and fee choices into their choices. The partnership enabled Shaype to launch an all-in-one enterprise finance tremendous app that consolidates companies together with enterprise banking, taxes, bills, firm formation, and company playing cards right into a single platform.
Photograph by Balazs Bezeczky
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