Mastercard and Treezor Build Commercial and Technological Partnership in Europe

Treezor and Mastercard have decided to reinforce their technological partnership by building on the Mastercard processing platform (MPTS) to help Fintechs build up towards more reliability, speed and innovation in their development in Europe.

Treezor, the French fintech, which was acquired by Société Générale Group in 2019, is the market leader of the banking-as-a-service (BaaS) model, a 100% API platform.

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By building on Mastercard technologies and services, Treezor is developing and enhancing its service offering to now offer new value-added services to companies and payments institutions such as: cash-back, split payment and multi currencies.

Based on a technological and commercial partnership with Mastercard, the collaboration between the two companies now extends to card transaction processing and Card Management System.

MPTS will enable Treezor to optimize card payments in foreign currencies and therefore easily open the path to globalization for the 40 neobanks and Fintechs that are Treezor's clients.

"Mastercard's ability to provide Treezor rapidly with the whole range of its value added services to reinforce the centralization of its payment processes on a unique platform for France and other European markets was a decisive factor in our choice to implement MPTS. Our ambition is to position Treezor's platform among the best references in Europe", said Eric Lassus, CEO, Treezor.
"The strengthening of our partnership will contribute to improve Treezor's agility and add new services to neobanks and fintechs. Treezor can count on Mastercard's team support in both France and other European countries to accelerate its development in new geographies", said Solveig Honore Hatton, Country Manager, Mastercard France.