Visa launches a new initiative that will provide financial institutions to it's Israeli Fintech partners

Visa announced the launch of Visa Fintech Partner Connect, a new initiative that will provide financial institutions and businesses in Europe and Israel with an enhanced suite of capabilities that integrate Visa solutions with those of its carefully selected Fintech partners. Two of the fintech partners are Israeli: ChargeAfter and Personetics.
The Fintech Partner Connect initiative will help Visa customers meet their customers' demand for new digital payment experiences, enabling them to have "smooth", fast and convenient access to innovative Fintech solutions.
The launch in Europe and Israel follows a successful pilot in which the program has already yielded benefits for a number of Visa customers.
Shachar Friedman, Director of Visa's Innovation Studio in Israel, said: "The popularity and need for digital payments and online banking has never been greater, with the global epidemic accelerating the transition to this payment behavior. This means many of our customers are looking for ways to quickly develop "Their value. Visa's Fintech Partner Connect program enables them to do just that, while combining our experience with some of the most innovative Fintech players in Europe and Israel, to develop the next generation of digital payments."
Friedman added: "I am proud that two of the leading technologies included in the new initiative are Israeli, with which the partnerships have developed as part of the work of our innovation center in Tel Aviv. I am confident that in addition to global recognition and growth opportunities, ChargeAfter and Personetics will benefit no less from our customers."
ChargeAfter and Personetics operate in "hot" areas and are of great interest to our customers - Buy Now Pay Later and Personal Digital Banking, respectively. We look forward to working closely with our customers on new projects that we are sure will enhance the digital payments experience. Available to consumers across Europe, "Friedman said.
"Visa and ChargeAfter share a common vision to make the world of payments fast, convenient and accessible. Our vision is to enable every consumer around the world to have access to financing options that suit their unique needs, and are available to that consumer at the moment and when ready to make a purchase - online, in store or by phone Working with Visa, we enable merchants, financial institutions and lenders to access and offer personal financing for all types of consumers. Together, we create the "next wave of credit," said Meidad Sharon, CEO and founder of ChargeAfter.
In cooperation with 13 fintech companies from Europe, two of which, as mentioned, are Israeli, the program will allow access to the following solutions:
Israeliness:
ChargeAfter introduces technology that enables businesses to offer customized financing to their customers, from many loan sources, thus enabling borrowers to increase their customer base. The company was founded in 2017 by Meidad Sharon, and employs 35 people in Ramat Gan, New York, Sunnyville California and Dallas Texas.ChargeAfter is a portfolio company of Visa
Personetics is a leader in artificial intelligence-based solutions that enable banks to assist customers in managing their financial affairs in a personal, online, and real-time manner. The company was founded in 2010 by David Susanna and David Govrin and employs 220 people from its offices in Tel Aviv, New York, London, Paris, Spain, Singapore, Tokyo and Sydney.