Contis and Bitpanda Issue Multi-Asset Debit Card
- 02 Mar, 2021
Contis
Description
Contis is your trusted partner for alternative banking and payment solutions. Its mission is simple: to empower companies and people to realise their vision – in business and in life.
Overview
| Type: | Private |
| Funding Status: | Venture Round |
| Foundation year: | 2008 |
| Location: | Skipton, United Kingdom |
| Number of employees: | 101-250 |
| Founders: | Peter Cox |
| Website: | https://contis.com/ |
Target geographic market:
Europe
Awards:
The Card & Payments Awards 2016: Best Debit Card Programme of the Year; Emerging Payments Awards 2016: Best Consumer Loaded Payments Programme; Fintech Awards 2017; The Card & Payments Awards 2017: Best Design of the Year; The Sunday Times Hiscox Tech Track 100: No. 78; FT1000: Fastest Growing Companies in Europe; PayTech Awards 2018: Best PayTech Partnership, Client/programme: Wirex; The Best PayTech Partnership at PayTech Awards 2018 for its work with Wirex (July 2018); Contis joins FT1000: Europe’s Fastest Growing Companies, for the second-year running (May 2019); PayExpo Power 10: Recognised the industries leaders, innovators and game-changers. Client/programme: Flavia ranked No3; 2020 Card & Payments Awards Finalist x3; 2020 Fintech Power 50; 2019 Tech Track 100; 2020 FStech Awards Finalist
About Product/Service
| Products | White-label card issuing, end-to-end accounts, current accounts, debit cards |
|---|---|
| Core product offerings for individual/retail customers | UK Business Current Account |
| Core product for bussiness customers | Contis empowers businesses through market-leading digital and card payment solutions. Always powered by real-time technology and proven, reliable processing. Contis’ end-to-end offering is fully scalable and configurable, providing clients with true choice. |
| Regulators/Compliance | The platform is fully owned by Contis and is PCI DSS Level 1 compliant, which means Contis doesn’t rely on multiple third-party providers (eg. BIN sponsors, card issuers, payment processors) for its delivery. |
| The Base Currency | £ (GBP) |
| Number of Currencies Supported | over 30 currencies, to over 50 countries on 5 continents |
| Issuing physical card and delivery | Contis provides multiple card options: Physical Cards (Visa Debit, Visa Prepaid, Business or Consumer), Virtual Cards, Mobile Payments (Apple Pay, Google Pay, Samsung Pay). Contis offers BIN Participant Sponsorship. |
|---|---|
| Money transfers/payments | Faster Payments, BACS, CHAPS, SEPA, P2P, International and more |
| Other | Additional services: Apps, Customer Service, KYC, SCA, Budgeting Tools, Payroll & Fraud |
| (b) a business account | Yes |
| PCI compliance |
Funding rounds
| Last Funding Date | Aug 10, 2016 |
|---|---|
| Last Funding Amount | N/A |
| Last Funding Type | Venture Round |
| Total Funding Amount | N/A |
| Number of Funding Rounds | N/A |
Financials
| Customer/Products segments | end-to-end banking and payments solutions |
|---|---|
| Key product offering | white-label card issuing, end-to-end accounts, current accounts, debit cards |
| Banking license | Contis has an eMoney licence, agency banking agreement and is a principal member of Visa (with an ability to sponsor those looking to issue Visa products) |
| Type of customers | Businesses |
| Estimated revenue | $1M to $10M |
| Number of investors | N/A |
| Number of lead investors | 1 |
| Names of lead investors | YYX Capital |
Tech stack
| Is your banking platform fully developed internally or customized from a third party platform? | The platform is fully owned by Contis and is PCI DSS Level 1 compliant, which means Contis doesn’t rely on multiple third-party providers (eg. BIN sponsors, card issuers, payment processors) for its delivery. |
|---|---|
| Languages | English |
Competitors
| Founding Date | Type | Tags | |
x Neon (Brazil) Neon is a digital bank that offers credit cards,... | 2016 | Private | |
x Hufsy Hufsy offers a bank account customised for... | 2015 | Private | fintech, challenger banks |
x Yoti Yoti is a digital identity system that provides a... | 2014 | Private | |
x Cashplus Cashplus is a leading digital challenger to UK... | 2005 | Private | Challenger banks, fintech |
x Air bank Air Bank is a modern and innovative 21st century... | 2019 | Challenger banks, fintech |
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