back Back

i2c and Grupo Popular partner to launch Dominican Republic’s first neobank, Qik

By Edlyn Cardoza

November 30, 2022

  • Contactless Payments
  • Digital Payments
  • Dominican Republic
Share

i2c, Qik, Neobank, Digital Payments, Grupo Popular, Qik Banco Digital Dominicano, Mastercard, Contactless Payments, Personal Finance Management System, Dominican Republic, USAi2c Inc., one of the leading digital payment and banking technology providers, announced its partnership with Grupo Popular, the largest financial group in the Dominican Republic, to launch Qik Banco Digital Dominicano, S.A. – Banco Múltiple, its new neobank subsidiary.

“We are thrilled to be working with the Dominican Republic’s leading financial group to bring innovative digital banking solutions to its people,” said i2c’s Founder and CEO, Amir Wain. “By operating on our secure, highly-configurable platform, Qik will offer consumers access to an intuitive end-to-end payments experience with unmatched reliability and speed to market.”

By leveraging i2c’s agile banking and payments platform, Qik will offer both physical and virtual Mastercard consumer credit cards, securely enabling contactless and digital payments. With the branchless business model, users will be instantly issued virtual cards via the neobank’s mobile app. The app will also offer consumers a personal finance management system designed to provide insights and recommendations to improve financial habits and credit history.

Qik Banco Digital expects to have more than 10,000 accounts within its first few months and plans to rapidly expand its portfolio of products to include checking and savings accounts, personal loans, and investments. Qik is the latest to join a growing network of Latin American visionaries that trust i2c to help bring their product visions to market.

“We want to revolutionize the national financial system, transforming and personalizing the digital experience of banking services in the country. This neobank is designed for those people who want a different banking relationship, exclusively through their mobile, with more flexibility and benefits by delivering an intuitive and personalized digital-first payment experiences. With Qik we bring global trends to the national banking industry,” said Arturo Grullón Finet, general manager and CEO of Qik Banco Digital Dominicano.

Previous Article

November 30, 2022

Regnology hops on Google Cloud to boost regulatory reporting offering

Read More
Next Article

December 01, 2022

Bank of the Philippine Islands announces partnership with DT One

Read More








IBSi Daily News Analysis

March 22, 2024

Contactless Payments

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 28, 2024

5 Major FinTech Acquisitions announced in March 2024

Read More

March 28, 2024

Tempo France suspends classical remittances, to focus on DeFi

Read More

March 28, 2024

Sindhuja Microcredit secures $14.5m in Series C Funding round

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023