Pismo and Kani Payments establish a strategic alliance to advance FinTech globally.

Leading worldwide data reconciliation and reporting platform Kani Payments has formed a strategic alliance with complete issuer processing and core banking platform Pismo.

Tyree Schoen

February 22, 2024

2Min Reads

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Payments

This partnership is a big step forward for Kani Payments' international expansion efforts and is the company's greatest client acquisition to date. Pismo and Kani will work together to provide improved financial technology solutions globally. Pismo is well-known for processing over $208 billion in transaction volumes yearly and was recently acquired by Visa International in 2024.

Since its founding in 2018, Kani Payments has led the way in providing cutting-edge software as a service (SaaS) solutions to support merchant settlement, payment and regulatory scheme reporting, transaction reconciliation, and consumer fund protection.

Conversely, since its founding in Brazil in 2016, Pismo has made a name for itself as a world leader in the financial technology industry. Core banking, payment processing, card issuing, digital wallets, lending, corporate banking, and financial asset management are all included in its cloud-native platform.

Through the importation of data from any processor or source, Kani Payments' unique data-agnostic reporting and reconciliation platform enables complex data sets to be reconciled in a matter of minutes. This cooperation hopes to capitalize on this capability. With access to Kani's award-winning platform, Pismo's clients—which include major banks and FinTechs globally—will be able to further improve their operational efficiency and compliance capabilities.

"Kani Payments is unique because it is a truly scalable SaaS fintech company," stated Aaron Holmes, CEO of Kani Payments. Additionally, since Pismo has the same capacity for geographic expansion as we have, we are a natural match.

"Pismo's cloud-based platform enables teams to develop quickly and businesses to launch quickly; hence, it aligns with many of our beliefs and primary goals of assisting businesses in increasing productivity. Pismo is the ideal partner to assist us in implementing the next stage of our growth plan because it is a worldwide company, and we are eager to provide our solution to a much larger market.