Banking Circle
LU · Luxembourg · CSSF (Luxembourg banking license)
Banking Circle is a BaaS Provider / Bank based in LU (Luxembourg), regulated by CSSF (Luxembourg banking license). The institution operates an active Banking-as-a-Service program, launched in 2013.
Banking Circle supports the following products and services: Payments, Accounts, FX. The bank serves customers across EU, Nordics, UK.
Notable fintech partners include Flutterwave, PSPs, acquirers.
- Products Supported
- PaymentsAccountsFX
- Geographies Served
- EU, Nordics, UK
- Charter / Regulator
- CSSF (Luxembourg banking license)
- API Standards
- REST API, SEPA, SWIFT, ISO 20022
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2013
Flutterwave, PSPs, acquirers
None confirmed active
Luxembourg-authorized credit institution. Owned by EQT. 33B total assets (2024).
612 employees. Branches in Denmark, Germany, Norway, Liechtenstein. B2B financial infrastructure for PSPs and fintechs.
B4B Payments and Banking Circle Win Best Bank-Fintech Partnership Award
B4B Payments and Banking Circle were named Best Bank & Fintech Partnership at the 2024 Banking Tech Awards. The partnership centers on Banking-as-a-Service capabilities. The recognition highlights the growing importance of BaaS-enabled collaborations between licensed banks and payment fintechs in the European market.
EQT Acquires Cross-Border Payments Platform Banking Circle
Private equity firm EQT acquired Banking Circle, a cross-border payments platform serving financial institutions including card acquirers, payment service providers, and banks. The acquisition aimed to accelerate Banking Circle's growth as a payments infrastructure provider enabling global financial connectivity.