London firm to deliver payments services to European SMEs

Payments and financial compliance platform PelicanPay has partnered with Starling Bank to deliver payments services to small businesses throughout Europe.

The London-based firm, part of the Pelican Group, has partnered with the digital mobile-only challenger bank to deliver complete invoice to payables automation, as well as e-commerce merchant payments services.

Operating in over 55 countries, Pelican specialises in the use of artificial intelligence to support SMEs, corporates and banks with their payables, receivables and financial crime compliance activities.

Parth Desai, founder and CEO of Pelican and PelicanPay, commented, “We are very pleased to be partnering with Starling Bank to offer payment and account information services through the PelicanPay hub.

We see these services as being particularly attractive to SMEs and merchants, enabling them to focus on delivering their core proposition to customers, while PelicanPay takes the pain out of the payments process in a cost-efficient manner.“

Julian Sawyer, head of banking services at Starling Bank, added: “PelicanPay is one of the leading innovators in the Open Banking model and it is an ideal fit for Starling’s banking services capabilities.”