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HSBC has invested in Token.io to bolster its pay-by-bank infrastructure, continuing their partnership initiated in 2019.

Jun 06, 20252 months ago
LondonFintech

Investors

Hsbc

Description

HSBC has become a strategic investor in Token.io to accelerate its growth in the pay-by-bank sector. This investment is seen as a move to enhance HSBC’s Open Payments solution. Token.io also received additional funding from existing investors. The collaboration aims to make pay-by-bank a mainstream payment method for customers in the region.

Company Information

Company

Token.io

Location

70 St Mary Axe, Fourth Floor

London, England, United Kingdom

About

Token.io’s leading account-to-account (A2A) payment infrastructure is reimagined to empower banks, fintechs, platforms and payment companies with turnkey Pay by Bank solutions. The frontrunner in A2A payment infrastructure for banks, Token.io’s partners include three of Europe's five largest financial institutions. Its solutions are also trusted by a blue-chip payments community, including Mastercard, ACI Worldwide and Global Payments.

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