Account-to-account (A2A) payments are nothing new in the fintech sector. They offer an instantaneous and fee-free alternative to card payments, and have been gathering steam for years across Europe. Different regions, however, would historically use different A2A payment infrastructures (and clunky ones at that), meaning that the anticipated next-gen A2A wave couldn’t yet crest at scale. kevin is a fintech payments company beginning to change that, through constructing an API-first common infrastructure for A2A payments.
It’s been making a strong start, too. Kevin already has over 6,000 merchant customers across Europe and some substantial funding in the back pocket. Plus, the web, mobile, and point-of-sale payments service can cover the majority of banks across much of mainland Europe, and is slated to launch in south-eastern countries and the UK soon. This rapid roll-out is a smart strategy given the speed at which the fintech space moves, and will prove crucial to helping kevin net the coverage and penetration needed to emerge as a leading A2A business.
Kirsty
Company Specialist at Welcome to the Jungle