Torus is now part of the Mastercard Lighthouse FINITIV program - Fall 2023 class

Torus is proud to announce that it' s now part of the Mastercard Lighthouse FINITIV program - Fall 2023 class.

Vilnius, 25.09.2023

The Mastercard Lighthouse FINITIV Fall 2023 program welcomes 15 promising fintech and fintech partnership companies from Norway and the Baltics. The Mastercard Lighthouse FINITIV program has launched its 11th round with 15 outstanding startups in the fintech and fintech partnership space. In this fall season, the partnership program will focus on Sweden, Finland, and Lithuania with the ambition to stimulate and support the already active and growing startup scene in these countries. The key areas in the upcoming program include financial literacy, e-commerce payments, blockchain payments, fraud prevention, and personal finance management, to name just a few. Mastercard Lighthouse is committed to supporting innovation and partnerships both vertically - with investors, banks, and other corporate partners, as well as horizontally - among startups and early-stage companies participating in the program.

”The energy and innovation that these fintechs and fintech partners bring to the table is impressive. It was not easy to select 15 companies from all the applicants, but we are very excited to start working with some of the most promising fintechs and fintech partners in the region this fall. Through the Mastercard Lighthouse FINITIV program, we are committed to facilitating partnerships and collaborating with these companies to create new, secure, and innovative payment solutions for consumers, merchants, banks, and enterprises. That is the essence of Mastercard Lighthouse.”

Mats Taraldsson, Head of Innovation, Fintech and impact-tech Engagement, Mastercard Nordic and Baltic

About Torus:

Torus believes digital payments, cornerstone of the cashless society, will become a real data-driven business and our ambition is to be at the forefront of this wave into a better future by providing more insights through our analytics platform. This starts with providing card issuers and merchant acquirers services to decrease cost and increase revenue and control (transparency) in an unequalled way. The Torus Analytics Platform enables issuers and acquirers to analyze scheme fees, manage control unit-level profitability and optimize pricing. In addition the Torus Consulting capabilities will advise and support to unlock the potential, ranging from joint business case production, implementation to actual repricing tracks to generate the profits forecasted.

2023-09-27 08:37