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Saxo Payments wins best B2B Payments Platform Award

Innovation and excellence of Banking Circle recognised at FinTech Breakthrough Awards

Ground-breaking payments innovator, Saxo Payments, is the winner of the Best B2B Payments Platform at this year’s FinTech Breakthrough Awards. Once again, innovative cross border payments solution, Banking Circle, has been recognised as an important step forward in the payments landscape.

The FinTech Breakthrough Awards recognise the creativity, hard work and success of the best FinTech companies, technologies and products. With over 3,000 nominations, all the categories are fiercely competitive, but the payments category was the most hard fought, with Saxo Payments taking the coveted award for Best B2B Payments Platform with the Banking Circle.

“The Banking Circle continues to set the standard for cross border payments, winning an increasing number of awards,” said Anders la Cour, founder and CEO of Saxo Payments. “Membership continues to increase, as more payment services businesses recognise the added value that the Banking Circle provides for their merchants, enabling them to send and receive cross border payments in seconds without the burden of numerous banking relationships and mounting costs.

“Winning the highly competitive Best B2B Payments Platform Award further cements Saxo Payments’ status as a leading force in payments technology. The FinTech Breakthrough Awards recognises the Banking Circle’s success as it continues to support business demand for a fast, flexible, global payments solution that doesn’t add unnecessary cost to international transfers.”

In 2013 Saxo Bank formed a new entity, Saxo Payments A/S, with the purpose of using Saxo Bank’s core capabilities within the non-cash payments market. Saxo Payments A/S is a specialist in forex and payments.

Registered as a payment institution in the European Union, Saxo Payments specialises in providing global payment account transactions and foreign exchange services to payment providers, including acquirers, payment service providers, FX brokers, money transfer businesses, e-wallets, and alternative payment providers.