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      Case Study - Banking Circle

      BankingCircle-Logo-Primary-Blk-RGB

      Industry: Cross-border payments infrastructure
      GFTN member since: December 2024 
      Key markets: Europe, Asia-Pacific, Australia 

      Banking Circle is a fully licensed European bank providing financial infrastructure to payment companies, banks, and marketplaces. Its cloud-based platform connects local clearing systems via a single API, enabling faster, more transparent cross-border payments in 24 currencies. Trusted by over 650 institutions, it processes over €1 trillion annually.

      The challenge

      While expanding across Asia-Pacific, Banking Circle looked at various ways to showcase how it solves industry pain points and contributes to the broader financial services ecosystem. Beyond market entry, the goal was to build credibility, visibility, and meaningful connections with banks, regulators, and fintechs shaping the region’s digital finance landscape. The company benefitted from the GFTN platform to amplify its story, not just as a cross-border payments provider, but as a key enabler of financial infrastructure innovation.

      What we did together

      Connected for market intelligence and peer insights

      Banking Circle partnered with GFTN to tap into its global network of practitioners and market experts, driving discussions on market dynamics, partnership opportunities and regulatory landscapes across target markets.

       

       

      Provided platforms for stakeholder engagement

      Through Singapore FinTech Festival and other regional forums, GFTN provided platforms where Banking Circle could amplify their brand narrative, share how they're addressing real-world challenges in cross-border payments, and connect with peers shaping the future of financial infrastructure across new markets.

       

       

      Facilitated thought leadership opportunities

      GFTN provided platforms for the Banking Circle leaders to participate as keynote speakers and panellists at major forums, where they could establish their presence and credibility as industry thought leaders in different markets.

      Connected for market intelligence and peer insights

      Banking Circle partnered with GFTN to tap into its global network of practitioners and market experts, driving discussions on market dynamics, partnership opportunities and regulatory landscapes across target markets.
      Connected for market intelligence and peer insights

      Provided platforms for stakeholder engagement

      Through Singapore FinTech Festival and other regional forums, GFTN provided platforms where Banking Circle could amplify their brand narrative, share how they're addressing real-world challenges in cross-border payments, and connect with peers shaping the future of financial infrastructure across new markets.

      Provided platforms for stakeholder engagement

      Facilitated thought leadership opportunities

      GFTN provided platforms for the Banking Circle leaders to participate as keynote speakers and panellists at major forums, where they could establish their presence and credibility as industry thought leaders in different markets.

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      Outcomes

      Banking Circle's Asia-Pacific journey
      Banking Circle's expansion across Asia-Pacific continues to gain momentum. In March 2025, the company received in-principle approval for a Major Payment Institution licence from the Monetary Authority of Singapore. Between 2022 and 2025, Singapore team has doubled in size, reinforcing Banking Circle's long-term commitment to the market. In addition, the company also completed the acquisition of Australian Settlements Limited, an Authorised Deposit Taking Institution in Australia in August 2025 and is set to revolutionise payments in Australia.
      Growing partnership investment
      Banking Circle’s involvement with GFTN has deepened considerably since joining in December 2024. The Company has taken a leading role in multiple GFTN forums, a reflection of the unique value GFTN’s convening platforms and global network bring in fostering meaningful engagement across the financial ecosystem.

      How we work together

      Amplifying market presence

      Through global convening platforms from GFTN , including the Singapore FinTech Festival, Banking Circle has strengthened its visibility and positioned itself as a leading voice in next-generation payment infrastructure. These platforms enable Banking Circle to engage directly with senior decision-makers, regulators, and ecosystem partners across key markets, reinforcing its leadership in payments infrastructure.

       

      Driving innovation dialogue

      As Banking Circle continues to build the infrastructure to support tokenised deposit and blockchain settlements, GFTN provides a trusted environment to share these innovations, exchange insights with peers, and shape conversations around the future of institutional payments.

       

      Insight-led expansion

      Through regional forums convened by GFTN, Banking Circle contributes to and gains from market intelligence and access to networks that inform its Asia Pacific growth strategy, from understanding payment system evolution to identifying regulatory and partnership pathways.

       

      Building strategic partnerships

      Leveraging the neutral convening power of GFTN, Banking Circle engages with global FinTechs to explore collaboration opportunities, showcasing its clearing and settlement expertise as part of its mission to build the payments infrastructure for the global financial economy.

      Amplifying market presence
      Amplifying market presence
      Through global convening platforms from GFTN , including the Singapore FinTech Festival, Banking Circle has strengthened its visibility and positioned itself as a leading voice in next-generation payment infrastructure. These platforms enable Banking Circle to engage directly with senior decision-makers, regulators, and ecosystem partners across key markets, reinforcing its leadership in payments infrastructure.
      Driving innovation dialogue
      Driving innovation dialogue
      As Banking Circle continues to build the infrastructure to support tokenised deposit and blockchain settlements, GFTN provides a trusted environment to share these innovations, exchange insights with peers, and shape conversations around the future of institutional payments.
      Insight-led expansion
      Insight-led expansion
      Through regional forums convened by GFTN, Banking Circle contributes to and gains from market intelligence and access to networks that inform its Asia Pacific growth strategy, from understanding payment system evolution to identifying regulatory and partnership pathways.
      Building strategic partnerships
      Building strategic partnerships
      Leveraging the neutral convening power of GFTN, Banking Circle engages with global FinTechs to explore collaboration opportunities, showcasing its clearing and settlement expertise as part of its mission to build the payments infrastructure for the global financial economy.

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