Established in the UK in 2003, thinkmoney’s mission has always been to provide access, equality and inclusion to best-in-class financial products, services and experiences to those that need it most. They are passionate about making a positive difference to the lives of everyday people, building trusted relationships that bring added value and improved financial mobility.

The majority of thinkmoney’s customers use their current accounts as a primary bank account enjoying features such as the smart budgeting tool which automatically holds the amount they need to pay their bills and an innovative App providing an easy to use digital banking experience.

Under the partnership, Edenred Payment Solutions will provide a full platform of payment services, including card processing and settlement, banking processing including screening of transactions, enhanced mobile wallet functionality, connectivity to various payment schemes, and other complementary services and support.

By tapping Edenred Payment Solutions’ technical capabilities and processing strengths, thinkmoney can enhance customer experience through all channels and innovate at pace to grow its product range.

Michael Aldred, CEO at thinkmoney, comments: “Edenred Payment Solutions are providing a key element of our component architected technology stack. The team has wide-ranging experience and expertise across products and project management, and being part of the wider Edenred group ensures that we have a stable and reliable platform - which has 99.99% uptime. We need this dependability as we look to scale our existing offerings and expand into new product and market segments. It has never been a more exciting time to be a thinker!”

Edenred Payment Solutions will execute multiple highly complex platform integrations with thinkmoney’s existing banking relationships and to the UK’s Faster Payments scheme. This will ensure that thinkmoney’s customers see no interruption or disruption to their service as the platform evolves. With access to Edenred Payment Solutions’ cutting-edge API and tech stack, thinkmoney can offer the real-time connectivity and modern digital services that customers expect.

Edouard Billion, General Manager at Edenred Payment Solutions, says: “We want to support companies who are making a positive difference, and thinkmoney is doing just that. Over its 20+ years in operation, thinkmoney has grown its customer base and brand largely organically. That’s a huge testament to its ability to help consumers manage their money, and the clear need for its services. It’s great to be supporting a business with a passion for enabling greater financial mobility, helping to upgrade thinkmoney’s platform to deliver a better experience for its customers. This partnership also acts as further evidence of how we can support large scale-ups, to help them grow steadily in the market and provide them with enhanced product functionalities.”

Thanks to the stability, reliability, and scalability of Edenred Payment Solutions’ platform, thinkmoney can provide its customers with a more convenient, secure, and better connected account service while it looks to expand into more European markets and explore the potential of a new B2B product offering.