The Wealthon Wallet app has been updated in the App Store and Google Play, introducing a new feature – interbank transfers via the Elixir system. ‘This is a very important element in the development of our financial system. Our goal is to create the most comprehensive tool possible to facilitate financial management. We hope that companies will use this option to settle their current liabilities, such as paying invoices or settling accounts with contractors,’ argues the Wealthon press office.

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Let me remind you that, based on regulations prepared by the European Union, fintechs with a payment institution licence will soon be able to access payment systems such as Elixir. However, the solution just introduced by Wealthon has not yet been developed based on these regulations. When executing transfers, the fintech cooperates with a bank, which in this case is BNP Paribas.

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Wealthon is a Polish fintech that specialises in providing financing to small and medium-sized enterprises. One of its distinctive services is loans granted on the basis of revenue generated through payment terminals. Wealthon Wallet, on the other hand, is a mobile application linked to a payment card with a credit limit.