Acquired.com are delighted to announce they are partnering with Woli, a Greek-owned Fintech focussed on driving financial education for young people through their Mastercard prepaid card and digital banking app aimed at 10–18-year-olds.
Woli’s Co-Founder and CEO Vasilis Zoupas, said “We have a passion for innovation and positive change, guiding families into the digital era. We are excited to be working with Acquired; their payment products and expertise will be invaluable in our growth plans in Southern Europe and beyond. Their sophisticated service options will also provide us with much-needed transparency over our entire payment lifecycle”.
As Europe becomes increasingly cashless, Woli’s app will enable young people to access digital payments and encourages sensible money management and spending. The app includes functionality for parents to plan, track and control their children’s spending while providing an opportunity for the children to control their financial life, both online and offline, efficiently, and securely.
Woli will benefit from Acquired’s industry leading proprietary payment platform that is built for scale which will support Woli’s ambitions for significant growth and geographic expansion. Acquired have delivered a payment solution that provides Woli and its customers with a seamless, secure and data driven experience. Features include fully customised multi language payment pages, 3D Secure v2.0 SCA protection, secure PCI compliant card storage and access to rich data delivered via API’s and dynamic webhooks. Apple Pay and Google Pay will be launched in line with local market uptake and adoption.
Woli plan to have several thousand customers live by the end of this calendar year, with 2022 seeing a significant expansion across Southern Europe. The business has also secured one of the coveted spaces on the Visa Innovation Program, cementing their position as one of most inventive and forward-thinking companies in the region.
Mark Johnson, Acquired.com’s Commercial Director said “We are delighted to be working with Woli leveraging our customer-driven, agile approach to payment processing. Our industry-leading solutions will be supporting this innovative business as it embarks on an exciting growth trajectory and aims to make a key contribution to children’s financial literacy in Europe”.