Compass Plus Technologies triumphs at Global Banking & Finance Awards for second year in a row

Compass Plus Technologies wins at the Global Banking & Finance Awards for a second consecutive year. The company was honoured with the Best Payment Technology Implementation Project Malta award in recognition of its exceptional work with Moneybase, a Maltese Fintech offering digital payments and a wide spectrum of investments to customers across Europe. The Global Banking & Finance Awards recognise excellence within the global financial community and celebrate the achievements of companies that demonstrate innovation, expertise, and outstanding results in the banking and finance industry.

In 2019, Moneybase chose to partner with Compass Plus Technologies to take advantage of the company’s extensive experience in payments processing, visionary technology and highly skilled team, in order implement an end-to-end virtual and physical card issuing solution. The successful and smooth completion of the project enabled Moneybase to launch Malta’s first homegrown digital payments platform. Since then, the partnership has gone from strength to strength and Moneybase has developed multiple card products, launched tokenization projects including Google Pay, Apple Pay, Garmin Pay and Xiaomi pay, issued 10,000 cards and onboarded over 30,000 customers since launch.

Lee-Anne Higgins, Account Director at Compass Plus Technologies, said: “We are thrilled that our work with Moneybase has received such notable recognition. It’s a privilege to work with such a forward-thinking organisation that’s revolutionising Malta’s payments landscape and beyond. The Moneybase app continues to gain traction in the country and has rapidly become one of the nation’s favourite mobile payments and investment apps. We are proud to be supporting the growth of Moneybase and look forward to continuing our work with them as they scale across Europe.”

Alan Cuschieri, co-CEO at Calamatta Cuschieri and founder of Moneybase, said: “Our partnership with Compass Plus Technologies has been instrumental in driving our growth and expanding our payment offerings. Their technology driven payment solutions have enabled us to deliver exceptional experiences to our customers via the Moneybase platform and establish ourselves as a leading Fintech in Malta. We look forward  to building upon our partnership as we bring more exciting products to the European market in the near future.”