Ampere, the neobank providing all-in-one financial services for SMEs, has today announced its partnership with Mastercard to expand its services and transfers Goffering, marking a milestone in its mission to streamline financial solutions for SMEs.

Ampere is now at the forefront of the Neobanking industry enabling its customers access to card-to-card payments, which converts over 60 different currencies at a faster and cheaper rate than traditional banking systems. Ampere removes until-now inconvenient delays and complications associated with international payments.

This announcement comes weeks after Ampere’s strategic expansion across the European Union. UK and European-based businesses can now easily open an Ampere account, providing a smooth and efficient route to market in the EU.

Ampere is an SME-specific neobank based in London, UK, founded in 2022. It provides business banking for SMEs with services including loans and financing, low-rate card payment processing for merchants, a multi-currency offering with exchange rates from 0.35%, and a built-in intelligent accounting tools to streamline invoicing, receipt, and tax processes.

Victor Baron, CEO and Founder of Ampere, said: “We’re excited to expand our services alongside Mastercard to offer SMEs a quicker and cheaper all-in-one financial solution. We look forward to serving businesses in the UK and Europe as they continue to navigate the challenges and opportunities of today's global economy."

Kris Krupecki, Commercial Director, said: “Our card-to-card payment offering, and recent pan-European expansion empowers SMEs to seamlessly expand their own financial and operational growth through cross-border transactions. At a time when SMEs are facing a raft of challenges, whether economic or operational, they can rely on Ampere for a tailored, integrated and efficient banking partner”.