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VISA welcomes SH Financial as a Principal Member

The European-based fintech offers comprehensive cross-border payment solutions through its digital platform. Direct membership enables SH Financial’s customers to fast-track access to the VISA payments network.

The partnership will enable the company, which has local offices in Lithuania, Ireland & Poland, to scale its mission of levelling-up access to the global payments landscape. SH Financial will have control over the infrastructure & delivery of newly acquired VISA-backed products & services. 

This includes access for fintechs & challenger banks to a fast, simple & integrated way of delivering physical & virtual card programs for their customers through BIN sponsorship.

SH Financial’s first active card program has been confirmed for a global crypto-exchange client. It will launch across Europe in Q4 2022, unlocking access to VISA card products for up to 2+ million consumers across the continent.

SH Financial’s increasing reputation within the financial services industry played a pivotal role in the agreement, with VISA placing its trust in the organisation following a robust application process. VISA International’s assessment included an integrative audit to ensure that compliance, security & operational standards are met.

SH Financial also holds an Electronic Money License (EMI) from Lithuania’s Central Bank, & works with market-leading providers to ensure the integrity & transparency of its security systems.

About SH Financial:

Providing access to streamlined financial services & products via their digital platform, SH Financial began operations in 2021. Their customers enjoy access to products from 10+ tier-one banking institutions, including unique IBAN/vIBAN solutions, transactional FX & multi-currency digital wallets.

In 2021 the company’s offering expanded to include capital investment services & asset management solutions via a subsidiary based in Dubai.
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