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FinCause selects Geniusto as its long term technology partner for its up coming launch in Europe

FinCause selects Geniusto as its long term technology partner for its up coming launch in Europe
February 8, 2024 | By Geniusto

At the “Fintech Taipei 2023” international forum, Lithuanian Vice Minister of Finance Vaida Markevičienė highlighted Lithuania’s focus on high-tech solutions in the financial technology sector. This commitment aligns with FinCause’s vision, a forward-thinking company authorized by the Lithuanian banking regulator in 2023, under the leadership of Taiwanese investor Waylon Yeh.

After careful evaluation of a number of potential technology providers, FinCause has selected to partner with Geniusto International to provide their [GO] Digital Banking Suite. The [GO] Suite checks all the boxes for FinCause and provides a fully featured core banking suite that is ideal for their immediate and future growth plans.

CEO, Vitalij Bedugnis explained the decision: “Our partnership with Geniusto marks a significant milestone in FinCause’s journey. With Geniusto’s [GO] Digital Banking Suite, we’re not just aligning with our current needs; we’re strategically positioning for future growth and innovation. This robust and scalable technology foundation is key to introducing new products, managing business processes, and adhering to high regulatory standards. Above all, it enables us to maintain our commitment to quality service, ensuring we meet the evolving demands of our customers in Europe and beyond.”

Matthew Edmunds, Group CEO of Australian headquartered Geniusto International commented: “We are delighted that FinCause has selected Geniusto as their partner in this new endeavor. We already have customers in Lithuania and have proven that our platform is an excellent fit for the needs of FinCause especially with their goal to enable cross border payments with Asia. Geniusto has already established a strong footprint in SE Asia with several banks and EMI’s in the region and the quality of our technology paired with the depth of our knowledge in both regions of the world allows FinCause to leverage our expertise to accomplish their long term goals. We welcome FinCause to the Geniusto family.”

To learn more about FinCause please visit https://www.linkedin.com/company/fincause/about

To learn more about Geniusto International and the [GO] Digital Banking Suite please visit https://geniusto.com/

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