Tuesday 27th April 2021
Sendit.Money selects Lerex Technology as a strategic payment provider
Sendit.Money, a mobile wallet solution for emerging markets, has selected Lerex Technology as a key partner for payment solutions.
Richard Ney, CEO of Lerex Technology, said: “We are delighted to be working with such an innovative venture, and to be working with a team who have a wealth of experience in their respective fields.”
Lerex Technology is a payment provider which services include prepaid cards, digital accounts solutions and access to payment rails such as Faster Payments and SEPA. In addition, Lerex also offers front-end technology; enabling business payments and consumer challenger banks to come to market quickly and easily.
Michael Lawal, CEO of Sendit.Money, said: “Sendit.Money is delighted to have chosen Lerex. We believe their product and agility will allow us to bring our solution to market very quickly and allow us the flexibility to grow in the longer term.”
With this partnership, both companies aim at bringing innovative payment solutions to market for a growing digital payments industry.
300 million people globally pay excessive fees when they send money. Recently established and based in in the UK Sendit.Money aims is building a cost-effective mobile wallet providing an intuitive, secure, and inexpensive way to send & receive money.
About Lerex Technology
Lerex Technology, established in 2017 and officially launched early 2020, is providing full end to end support for clients wishing to go to market with a prepaid payment solution, from inception to delivery. Based in the UK, Lerex Technology is providing prepaid cards and digital accounts enabling innovative payment products whilst leveraging the Lerex teams experience.
Lerex is another example of an investor backed fintech leading the way in the UK market and using innovation and technology to remove any barriers to entry.
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