Both companies aim to start their partnership by offering their respective gateway and fintech capabilities. SIBS Group intends to provide Aion/Vodeno with its e-commerce payments solutions and tools. Future potential cooperation will include product development and expansion into new markets in Europe.

For Madalena Cascais Tomé, CEO SIBS Group "Establishing a cooperation with Aion/Vodeno is a significant step for SIBS, as a pan-European company, and in the further development of our digital payment services, ensuring that we’ll play even a more important role in making the lives and payments of millions of people simpler, more convenient and safer. Combining our existing experience and knowledge with a leading European Banking-as-a-Service (BaaS) provider like Aion/Vodeno will steadily expand our offerings for existing and future customers."

Krzysztof Czuba, CCO, Vodeno said that "The VODENO Cloud Platform (VCP) is one of the most comprehensive that covers all aspects of Retail and SME banking. It also taps into fast-moving fintech innovation, with nearly 90 of the best fintechs integrated into the platform. One of our core products is payments, therefore, we are glad to be adding SIBS Group to VCP to further boost our ability to offer modern payment schemes and methods. The future intention of our partnership will see collaboration on joint BaaS projects across Europe.”