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The partnership of Finaro and Ginger Payments will offer banks and fintechs a complete ecosystem of PSP-ready solutions

Finaro, a global cross-border payment provider and fully-licensed bank, has announced its partnership with Ginger Payments, under which Finaro will empower the Ginger Payments platform with its pioneering suite of acquiring and transaction routing capabilities.

As eCommerce volumes continue to surge across Europe, banks and fintechs are looking to offer end-to-end payment solutions, and to deliver a better customer experience, including higher approval rates and access to alternative payment methods (APMs). The Finaro-Ginger partnership will initially focus on the Nordic region, targeting financial institutions and fintechs that are looking to launch merchant-aligned services similar to those of payment service providers (PSPs). 

Achiya Fried, Chief Commercial Officer at Finaro states: “It’s exciting to see our footprint in the Nordics grow, and we are delighted to be partnering with Ginger on growing even further. Finaro’s smart acquiring services, robust gateway platform and exceptional track record in boosting transaction approval rates will elevate Ginger’s presence, enabling them to offer white-labeled transformational PSP services that will open up access to new markets and opportunities for all parties involved.”

Complete ecosystem

The partnership between Finaro and Ginger offers a complete ecosystem of PSP solutions, enabling merchants to accept card payments as well as APM transactions from customers, while leveraging powerful data analytics to fine-tune their customer insights and payment experiences. Finaro’s brilliantly simple payment solutions, which include POS transaction acquiring, strengthen Ginger Payment’s platform ability to deliver both bespoke and white-label payment services, including payment gateways, AML-compliant onboarding, plugins, merchant omni-channel dashboards, reconciliation and settlement, and comprehensive reporting overviews.

Ginger has been providing online payment solutions since 2014, enabling a solid clientele of banks and fintechs to become PSPs and help their merchants accept payments. In June 2022, Ginger was acquired by Ximedes, which increased the breadth and width of its services significantly, adding AML-compliant onboarding and state-of-the-art reconciliation and settlement to its offering. Together with Finaro, Ginger plans to expand further across Europe, building on the combined SaaS-based payment functions and agile software development capabilities.

Next-level transaction

Joachim de Boer, COO at Ginger, says: “From end to end, Ginger’s cloud-based API strengths and our full-stack eCommerce payment offering give clients the ability to build a new solution, replace their current solution completely, or add innovative new modules to their existing services. We also provide transaction approval optimization, and enhanced data insights to drive future growth. By combining forces with Finaro, we’ve created a dynamic collaboration, offering a complete one-stop-shop for payment components, covering every APM from Apple Pay to QR code.”

Ruben Frimand Nielsen, Vice President, Sales & Business Development for the Nordics at Finaro, agrees and adds: “The partnership between Finaro and Ginger is a market-beating collaboration, offering a ready-made suite of PSP solutions for banks and fintechs that want to offer the full spectrum of payment services to their clients. Ximedes’ software development capabilities, Ginger’s SaaS proposition, and Finaro’s acquiring and gateway solutions combine to offer powerful and flexible PSP solutions that help banks and fintechs drive the next wave of merchant growth.” 

Game-changing technology

Adil Yahyaouy, Business Development Manager at Ximedes, comments: “There is a clear gap in the market where banks and fintechs wanting to provide end-to-end payment services to their customers have difficulty accessing the right mix of technical components, easy-to-use APIs, access to APMs, and in-depth personalized support. With Finaro’s game-changing technology and its acquiring services, we can now step into that gap and provide everything banks and fintechs need to transform themselves into PSPs.”

Finaro’s gateway’s unrivaled 99.999% uptime availability has helped Finaro’s more than 5,000 merchants to accept an array of 150 APMs – and counting – from all over the world. With its vision of making complex payments brilliantly simple, Finaro has recently announced new commercial relationships with Fergatus, EveryPay, and Payrexx, and it’s on track to be acquired by American payments giant, Shift4, as was announced previously this year. 

About Finaro  

Finaro is a global cross-border payment provider and fully-licensed bank that empowers international commerce through brilliantly simple payments. Our passionate team, exceptional tech capabilities, product innovation, and customer-centric approach enables us to simplify complexity and create multidimensional solutions that generate growth and enable peace of mind for our merchants. To learn more, visit

NFM Publishing Team
NFM Publishing Team
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