TechPassport introduces Greengage, digital merchant banking pioneer, as new client, diversifying the platform users.
LONDON – DATE 29TH June 2023 – TechPassport, the leading SaaS provider connecting financial institutions with enterprise ready FinTech firms, is pleased to announce its partnership with Greengage, a crypto friendly digital merchant banking pioneer looking to use TechPassport to connect with innovative solutions. This collaboration expands TechPassport’s marketplace, connecting FinTechs with a broader range of buyers in the financial services industry.
Oscar Brennan, Chief Revenue Officer of TechPassport, expressed his enthusiasm about the new partnership, stating;
“We are delighted to have Greengage join our platform. This collaboration brings diversity to the financial institutions already on TechPassport, creating more interactions with a varied array of FinTechs in our marketplace. We hope to see more digital banking providers follow suit, utilising our platform to find FinTechs that meet their needs and governance standards.”
TechPassport, which has been operating since 2019, has already successfully demonstrated the ability in the banking space for its platform to reduce the time taken to establish NDAs and POCs.
Example outcome delivered for Tier 1 bank: NDA & PoC request time reduced by 94% from five weeks to 1-3 days.
TechPassport’s collaboration with Greengage perfectly aligns with the recent announcement made by the UK government during the renowned UK Tech Week. Rishi Sunak, with his ambitious goal of making the UK the leading country worldwide for starting, growing, and investing in tech businesses, has set the stage for our collective industry aspirations.
Achieving this ambitious objective requires robust support for FinTechs to thrive once they’ve embarked on their entrepreneurial journey. It is through our exceptional platform that TechPassport bridges the crucial gap between these emerging ventures and potential buyers, paving the way for their success.
Sean Kiernan, Founder and CEO of Greengage added:
“We are excited about joining the TechPassport platform as it will enable us to connect with FinTech companies providing innovative solutions to help deliver on our digital merchant banking vision. We are also keen to build relationships with FinTech firms who might benefit in turn from Greengage’s responsive e-money banking services, with every client getting personal service and a dedicated Relationship Manager.”
About TechPassport
Founded in 2019, TechPassport was created to help lower the barrier of entry for FinTechs and start-ups looking to work with financial institutions from across the world.
TechPassport platform enables FinTechs to become enterprise ready before the point of engagement and onboarding with a bank or financial institution, including ensuring that sales, compliance, and legal paperwork are in order.
TechPassport actively scouts for FinTechs and start-ups to include on the platform, and groups them according to specialism. Banks can then use the platform to find certified suppliers, confident in the knowledge that they will meet procurement requirements, making institution-FinTech innovation faster, cheaper, and frictionless.
About Greengage
Greengage is a digital merchant banking pioneer, that provides a platform of relationship-based e-money account services to SMEs, high net worth individuals, and digital asset firms to the highest ethical, secure and compliance standards.
Alongside our account services, we provide clients access to a B2B lending platform offering digital sources of money, as well as a suite of business apps. Our tailored services are delivered by people, empowered by technology.
*E-money solutions are provided as an agent of Modulr FS Limited, Greengage is not regulated by the Financial Conduct Authority. The Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) do not apply to the cryptoasset activities carried on by Greengage.
