Banking Circle has become a member of the Czech Fintech Association (CEFTAS) to enhance and support the development of the Czech fintech ecosystem.

Through CEFTAS, fintech companies in the republic can build partnerships and advocate for progressive regulation. The association also aims to accelerate financial innovation by facilitating dialogue between various stakeholders including industry players, innovators, and regulators as the fintech landscape continues to transform.

Fostering growth in the Czech Republic

By joining CEFTAS, Banking Circle takes a step towards modernizing payment infrastructure and providing swift access to global, multi-currency instant payment systems. This membership will help the company strengthen its presence in European markets, promote collaboration within the industry, and contribute to regulatory and technological advancements that benefit businesses and consumers alike.

CEFTAS focuses on creating a digital economy while ensuring compliance with both local and international regulations. The group organizes networking events and workshops, and serves as a point of contact for investors, regulators, and business partners.

A positive move for Banking Circle

According to Banking Circle, joining CEFTAS is timely given the rapid evolution of the region’s fintech ecosystem. Membership will support the company’s efforts to improve payment interoperability, increase speed, transparency, and cost-efficiency across domestic and international payment channels.

The Czech Fintech Association values Banking Circle’s commitment to modernizing payment infrastructure and deploying faster financial solutions. The association believes that this involvement will help strengthen collaborations and contribute to fintech innovation from the Czech Republic.