Mobino supplies technological basis for Postfinance payments solutions

The Mobino architecture has been evaluated as offering the best innovative potential and a strong foundation for future expansion. According to Thierry Kneissler, CEO of Monexio, « Digital money is the natural paradigm for a new generation of consumers. Monexio is committed to accelerating the deployment of digital payment solutions on the Swiss market and Mobino gave us the right tools for the job. »

This deal further validates our vision of frictionless mobile payments with enhanced privacy and convenience » said Jean-François Groff, CEO of Mobino. « We have built a state-of-the-art payment platform for our own purposes and we are delighted to provide the relevant technology to new industry player Monexio. »

Mobino and Monexio will offer their commercial payment services independently from each other, on the Swiss market and, for Mobino, internationally. Terms and conditions of the agreement between the two parties will be kept confidential.

Monexio AG is a 100% subsidiary of PostFinance which develops new solutions in the area of digital payments. Within a few months its first solutions will be piloted on the Swiss market.

Mobino SA is a fast-growing Swiss FinTech startup, aiming to enable cheap and secure mobile payments and money transfers for 5 billion people. A registered financial intermediary, Mobino operates an open payment platform enabling peer-to-peer transactions and integration with point-of-sale systems and e-commerce sites. Founder Jean-François Groff was one of the creators of the World Wide Web at CERN and has a 20-year career in Internet enterprises. Headquartered in Geneva, Mobino has offices in Zürich and representatives in Basel and Bern.