Volopay, a Y Combinator-backed company playing cards and payable administration firm, has partnered with Visa’s Fintech Quick Observe Program to supply monetary administration options. The Quick Observe Program will permit Volopay to begin issuing their very own Visa playing cards to their shopper companies within the Asia-Pacific (APAC) area, the agency stated. The partnership program was based by Visa to be able to help modern monetary companies and options.
Volopay is a Singapore-based firm that mixes enterprise accounts, company playing cards, invoice funds, expense reimbursements, credit score, cashback, and accounting automation into one single platform. After launching in Singapore and Australia, the start-up is now coming into India, Indonesia, and the Philippines. Volopay expects this partnership to place it forward of its rivals by giving it visibility and networking alternatives which are in any other case troublesome for start-ups to realize of their early phases.
“The partnership with Visa’s Fintech Quick Observe Program offers us an edge that we haven’t had earlier than. The flexibility to difficulty our personal playing cards units us other than different fintech suppliers who’re merely distributing playing cards. This manner, we can have full management over the product we offer to our shoppers,” stated Rajith Shaji, CEO and co-founder of Volopay.
In response to Rohit Bhageria, founding member of Volopay, having their very own card will assist them create a rounded monetary stack to supply to their prospects. In response to the press launch, Volopay is likely one of the few firms within the APAC area with the power to difficulty its personal company playing cards, making their providing a one-of-a-kind alternative for Singaporean and Australian companies.
Supply: Live Mint