Auka was the first to launch mobile payments in Norway and the first FSA-regulated financial services company to operate 100% from the Google Cloud platform. This experience, combined with being first to offer a full-scale compliance and white label mobile payments solution on a SaaS model for European banks differentiates Auka from its competitors.
Banking in Europe is undergoing its biggest regulatory imposed transformation in modern history. In light of PSD2, bank business models are seriously challenged. Third parties are taking over the consumer interface while returns on card payments are diminishing.
Auka has a proven track record of creating new revenue streams through its mobile payments platform. Providing white-labelled mobile payments, Auka’s infrastructure connects banks with merchant and consumers to help them make the very most of opportunities presented by PSD2.
Auka was recently awarded Fastest Growing Fintech by Deloitte Fast 500 EMEA and the European mobile payments platform of the year by CFI magazine. Auka was also named amongst the top innovative banking software providers as part of the European Fintech Awards.