EveryMatrix, a UK-based software development company, has launched a brand-new payment processing company, dubbed MoneyMatrix, in Malta.
Licensed by the Malta Financial Services Authority (MFSA), MoneyMatrix will specialise in payment processing, risk management and know-your-customer services.
The new venture will focus on the online gaming industry, the company said in its press statement.
EveryMatrix CEO Ebbe Groes said: “Our brand-new payment processing company encompasses new technologies and security protocols to keep customer financial details safe, and we are proud to offer this product to our clients. MoneyMatrix is probably one of our company’s biggest investments, a bet we expect to win.”
MoneyMatrix CEO Sandra Barton said: “Our objective was simple; we wanted to make payments simple and accessible, irrespective of merchant size or experience, and to remove the burden of having to support multiple integrations, multiple contracts, operational overhead and all the complexities that go with payment processing.
“We are and continue to work with innovators within the Fintech industry in-order to provide our clients best of breed technologies that allow them to do business internationally.”