Retreeb has built a payment solution that aims to help consumers support social causes. Its payment model distributes 33% of revenue towards CSR initiatives.
Through the partnership, Intergiro will supply Retreeb with off-chain financial flow management services in the Eurozone. This will enable the PayTech company to create Euro accounts for its users and offer an enhanced payment experience.
Intergiro’s services are offered via API and cover the entire payment value chain and are backed by a Swedish electronic money (EMI) licence. With this licence, Intergiro and its partners can serve the European Economic Area as a payment’s provider and electronic money institution. Due to this, Retreeb is now licensed to deploy its solutions throughout Europe.
This partnership also aims to bolster Retreeb’s ‘blockchain for good’ mission, which aims to transform the finance industry’s aim from ‘make as much profit as possible’ to ‘make as much profit as possible to share.’