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GlobeNewswire·

Euronet and Unibanca Partner to Accelerate Innovation Across Peru's Financial Sector

  • Euronet signed a multi-year SaaS agreement with Unibanca to deploy its CoreCard modern credit issuing platform in Peru.
  • The partnership aims to help Peruvian financial institutions accelerate innovation, reduce time-to-market, and expand credit offerings.
  • Unibanca will enhance its infrastructure to enable faster product configuration, greater operational flexibility, and sophisticated credit solutions for banks and fintechs.
  • Unibanca currently supports 47 financial institutions, processes over 482 million transactions annually, and manages approximately 1.5 million accounts.
  • The CoreCard platform features an API-centric architecture to support traditional credit, BNPL, installment lending, commercial payments, & embedded finance.
  • CEO José Carlos Amaya stated the partnership adds state-of-the-art technology to help clients introduce innovative credit products faster.
  • Euronet VP Oscar Muñoz highlighted the combination of Unibanca's local expertise with Euronet's global payments experience to aid modernization.
  • This agreement follows Euronet's acquisition of CoreCard & demonstrates the combined organization's ability to extend modern issuing technology into new international markets.