PartnershipUS

Kinective Partners with PayNearMe to Expand Payment Solutions

Kinective announced a partnership with PayNearMe in March 2026 to expand payment solutions available to banks and credit unions. Through Kinective Gateway, financial institutions will gain access to PayNearMe's payment technology as part of a broader portfolio of core and business services. Kinective serves as a connectivity layer between financial institutions and fintech providers, enabling banks and credit unions to adopt modern payment capabilities without building them in-house.

PayNearMe brings specialized payment processing expertise to the partnership. The collaboration is designed to help community financial institutions compete more effectively by offering expanded digital payment options to their customers. This deal reflects the ongoing trend of BaaS and middleware providers facilitating fintech-bank integrations to modernize legacy banking infrastructure.

Entities
Implications
  • Strengthens the middleware/gateway model for connecting community financial institutions with fintech payment capabilities
  • Demonstrates continued demand from banks and credit unions for plug-and-play fintech integrations rather than in-house builds
Tags
Sources
Related
Share