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Innovation & Industry
News

Is Streamlining Cross-Border Payments the Key to Unlocking Emerging Markets?

News RoomNews RoomOctober 17, 2023No Comments3 Mins Read

Key Takeaways

  • Fintech startup Nikulipe aims to streamline cross-border payments and unlock emerging markets
  • The company was founded by serial entrepreneurs and payments market experts
  • Nikulipe has created a product – banklinq – which offers a local payment option for the Baltic region
  • The Vilnius-based firm is a proud member of the Payments Association

In recent years, Globalization, Digitalization and the surge of Fintech startups have brought about a substantial change in cross-border payment complexities. Among the companies leading this payment revolution is Nikulipe, a Fintech firm based out of Vilnius, Lithuania. The company aims to unlock fast-growing and emerging markets by facilitating convenient and quick cross-border payments.

Nikulipe thrives on the robust expertise of its founders who are serial entrepreneurs and payment market experts. The company, since its inception, has been in a steadfast mission to empower consumers from emerging markets to participate in global e-commerce, thereby encouraging financial inclusion and economic growth.

The key differential that sets Nikulipe apart from its competitors is its focus on Local Payment Methods (LPMs). The company offers unified access to LPMs and even creates payment solutions where there are none. Its product, banklinq, offers an excellent example of how it accomplishes this. Banklinq is a local payment option for the Baltic region, allowing consumers to pay for international goods and services through their preferred bank.

Additionally, by constantly innovating and refining their strategies, Nikulipe has been able to stay ahead in delivering streamlined payment solutions. Its specific expertise in payment technology and local payment solutions coupled with a presence in the 4th leading Fintech hub in the world underpins its capacity to push boundaries and redefine the payments market.

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Going forward, Nikulipe’s vision and commitment to easing cross-border payments is likely to unlock a plethora of opportunities in the realm of global e-commerce, especially in emerging markets. By continually addressing payment complexities and connecting more consumers to the global digital economy, the future of this Vilnius-based Fintech appears propitious.

As esteemed members of the Payments Association, their role in shaping the future of payment technology and driving collaborations across the globe could potentially be game-changing. Readers desiring more information about Nikulipe can visit their website, or follow their social media channels; LinkedIn, Facebook. Let’s watch this space for more.

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