Carta Worldwide Expands into Japan
Recently acquired by Mogo Inc., Modern Issuer Processor Carta Worldwide continues international fintech growth with Japanese market expansion
Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a digital payments and financial technology company, today announced that its wholly owned subsidiary, Carta Worldwide (“Carta”), has expanded into Japan in support of the TransferWise launch of their multi-currency debit card in the country.
Carta’s modern open-API issuer platform powers innovative solutions for industry leading banks and fintech companies across Europe, North America and Asia Pacific. With this most recent launch, Carta extends the reach of its modern issuer processing offering to support the rapidly growing fintech and payments sectors in Japan. Carta’s launch into Japan will support the expansion of TransferWise’s recently launched multi-currency debit card program. Carta enables the issuance of virtual and physical card solutions to support innovative solutions for businesses and platforms that are looking to deploy payment products and embedded financial services.
“Our flexible platform offers unlimited opportunity for product innovation and is well positioned to meet the requirements of next-generation payments programs. We are extremely excited about the level of innovation in Japan and thrilled to be entering the market and offering Carta’s technology as a partner for card issuance in the Japanese market,” said Peter Kaju, CEO of Carta.