Toronto’s Brim Financial has announced a partnership with Mastercard to help U.S. financial institutions and fintechs roll out credit card programs using Brim’s platform-as-a-service.
Brim will also embed Mastercard’s open banking capabilities across its end-to-end platform.
“There is significant momentum happening now in the U.S. market when it comes to innovating credit card infrastructure across consumer, small- and medium-sized business and commercial segments,” explains Rasha Katabi, Founder and CEO of Brim Financial.
“This partnership with Mastercard will be transformational for companies seeking a sophisticated, modern credit card platform to better serve their customers.”
Brim’s Credit-Card-as-a-Service platform is designed to significantly accelerate deployment and fully empower institutions to run and evolve their product platforms, per their customer and market needs.
The inclusion of Mastercard’s open banking capabilities within the Brim platform adds to its extensive suite of embedded payments capabilities designed to deliver turnkey solutions for all types of companies looking to launch and run commercial and consumer credit cards.
Brim’s Credit-Card-as-a-Service was ranked by Aite-Novarica Group as best-in-class for product capabilities in its analysis of the global landscape of Credit-Card-as-a-Service providers.
Last month Brim was recognized on Deloitte’s 2023 Technology Fast 50 list.