Canadian FinTech Buckzy Payments Inc. is expanding its operations in Europe with the opening of a new office this summer in Amsterdam, the Netherlands.
Buckzy is also seeking an EMI license, which will allow every participant in the Buckzy payment network worldwide to leverage virtual account services and real-time payments in the Single Euro Payments Area (SEPA), which covers 36 countries and territories in Europe – the 27 EU Member States as well as the UK, Iceland, Norway, Liechtenstein, Switzerland, Monaco, San Marino, Andorra and the Vatican State.
“We are excited to expand Buckzy’s presence and operations in Europe with our new office in Amsterdam, one of the oldest and most respected banking and financial centers in the world.The new office is a clear statement of our commitment to establish Buckzy as the leading global payment network to which banks, financial institutions, Startups and fintech Startups around the world connect for their real-time cross-border transaction needs.Europe is a mature, technologically advanced market that is also an incubator for fintech innovation thanks to the adoption of open API technology, which has opened up the financial sector and created opportunities for innovative new companies to provide new products and services. More and more of our customers around the world want to send and receive real-time payments to and from Europe and we’re enabling them to do so.”, said Buckzy’s president and CEO, Abdul Naushad.
Buckzy’s funders include Dash40 Ventures in Toronto: Mistral Venture Partners in Ottawa: Revel Partners in New York: and Uncorrelated Ventures in San Francisco. Financial institutions and Fintechs around the world use Buckzy’s network to provide innovative and modernized financial solutions and service offerings to corporate customers and consumers.