Paycell Europe plans to expand its investments and collaborations to provide end-to-end financial services to European users in an easy, smart, and timely manner. Paycell Europe signed an agreement with Solaris, Europe’s leading embedded finance platform
Paycell Europe will offer easy, smart, and advantageous digital finance solutions thanks to its experience in Türkiye and powerful technology. Paycell will give the service to its European customers in one of Germany’s innovation hubs.
The powerful combination of fintech and telco offers tremendous potential for embedded finance. Paycell’s offering in Turkey is a prime example of building an impressive ecosystem and becoming a market leader. As a pan-European provider, Solaris offers the ideal platform to quickly and securely implement Paycell’s ambitious plans and innovative concepts.
Paycell Europe will initially provide money remittance and collection services with its international money transfer service. Offering a superior digital finance experience with its unique advanced technological infrastructure, Paycell will provide many innovative solutions such as card, loan, and digital wallet for European customers.
Türkiye’s most inclusive payment platform Paycell which can be used by anyone, regardless of operator continues to create value for all its customers and stakeholders with the mission of creating cashless society. Wide spreading seamlessly and securely with payment solutions Paycell reached 7 million active users in the 2nd Quarter of 2022. Trading volume of Paycell in the first half took place 3 times more compared to last year.
Solaris is Europe’s leading embedded finance platform empowering the future of financial services. The tech company enables businesses to easily provide trusted and innovative financial experiences to their customers. Through smart APIs, partners can embed financial services quickly and compliantly into their own product offerings.