Canadian fintech firm teams up with Philippines branch of Fexco

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MOBI724 Global Solutions, a financial technology firm based in Montreal, Canada, announced that it has signed a commercial agreement with the Philippine branch of Fexco, an Irish fintech and payments firm. In the Philippines, Fexco’s branch also offers managed business solutions and outsourcing services and payment management solutions. In a statement, MOBI724 said its Asian subsidiary has signed the deal with Fexco to allow both companies to offer more robust and scalable processing of cash out transactions, further promoting financial inclusion in the Philippines. Fexco now has operations in 29 countries across Europe, the Middle East, Asia-Pacific, North America and Latin America. MOBI724 provides turn-key solutions for card associations, card issuers, banks, retailers and manufacturers to create, manage, deliver, track and measure incentive campaigns worldwide in real time.

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