Fidesmo Pay, a leader in tokenized payment solutions, is pushing the boundaries by expanding their Payments ecosystem to encompass more than 230 issuers, up from 180. Fidesmo has more than 20 OEM brands connected to Fidesmo Pay, including renowned names like Polar, Tapster, Pagopace, Laks, Mondaine, Ruben, Flywallet, and many more, offer a wide array of payment-enabled devices such as rings, fitness watches, multi-purpose cards, bracelets, and tags, meeting the needs of a diverse global audience.
The DACH region has been a key driver behind the recent growth of issuers and continues to lead in device sales, alongside the Nordic market. Additionally, the expansion of issuers to Spain, Italy, and Poland has highlighted these markets as digitally savvy and rapid user adoption rates of payment devices.
Fidesmo Pay’s global presence now spans over 40 countries, with growing interest and traction in Africa, Asia, and North America. In these regions, issuer demand for a broader and more innovative range of payment devices is steadily increasing, underscoring the platform’s expanding global appeal.
“Our growth is a direct result of our partnerships with leading OEMs, schemes and issuers, based on the simplicity and scalability that the Fidesmo platform enables,” said Anders Malmström, CEO at Fidesmo. “By empowering device manufacturers to innovate freely on our platform and enabling issuers and payment schemes to focus on developing secure and user-friendly banking features, we’re shaping the future of tokenized payments.”
Fidesmo’s success is further supported by its strong collaborations with global industry leaders like VISA, Mastercard, NXP, and Infineon. These partnerships ensure Fidesmo remains at the forefront of technological advancements, providing seamless integration capabilities and a scalable platform that adapts to the needs of its partners.
Anders Malmström adds, “Fidesmo provides broad support of secure elements from leading providers like NXP, IFX and more, allowing device manufacturers to enable services to existing devices. Fidesmo’s simplicity as a platform creates a turn-key solution for additional services such as payment with a ready ecosystem of 230 issuers.”
As Fidesmo Pay continues to expand its network of OEMs and issuers, its mission to deliver the most scalable, secure, and flexible tokenized payment solutions remains unwavering. With a strong global presence and a focus on innovation, Fidesmo is paving the way for a future where seamless and secure payment experiences are accessible to consumers everywhere.