Mastercard & Nickel renew their partnership to develop Nickel’s activities in France and Europe

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Mastercard has supported Nickel since its launch on the French market and is now Nickel’s exclusive partner in Europe with the objective of accelerating the growth of the neo-bank in France and extending its presence to 8 European countries by 2024 to start with Spain in September 2020.Since its creation in 2014, Nickel, a subsidiary of BNP Paribas, has experienced continuous growth with more than 1.7 million accounts opened in France at more than 5,700 newsagents. Today, Nickel’s ambition is to reach a potential of 4 million customers through 10,000 points of sale in France by 2024.

To support its growth in France and in Europe, Nickel can count on Mastercard’s global network as well as on its consulting and marketing expertise. As the partner of choice for fintechs across Europe, Mastercard will be able to provide unique support to help Nickel achieve its ambitions of scale and speed.

In addition to international development, the partnership between Nickel and Mastercard will provide solid support for the deployment of technological innovations that will benefit Nickel customers in France and Europe. Mobile payment and value-added services for cardholders are at the heart of the work carried out by the two players.

Solveig Honoré Hatton, Country Manager Mastercard France comments: “Mastercard has supported Nickel since its launch on the French market in 2014 and we are proud to become the exclusive partner of Nickel in Europe with the aim of accelerating its growth in France and expanding its presence in 8 European countries. countries by 2024. ”

Eimear Creaven, Director of the Western Europe Division for Mastercard adds: “The signing of a 7-year partnership between Mastercard and Nickel, whose innovative approach combined with unique Mastercard solutions guarantees customers simpler transactions, faster and more secure, is an example of our commitment to encourage innovation in payment technology. Mastercard has supported many young companies in their innovation projects, taking risks to support them from the start, supporting their development through our Advisors division, by providing them with the brick-and-mortar services necessary for their development, until their international expansion. . We are proud to be a partner in Nickel’s European expansion strategy. ”

“The key to our success lies in international deployment, so we are delighted to be able to count on the expertise and solid support of Mastercard to accelerate this development and continue to accelerate our growth in France”, concludes Marie Degrand. -Guillaud, deputy director of nickel.

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