Next-gen payment platform Nucleus365 launches at Money 20/20

Nucleus365, a UK-based payment institution offering a centralised platform for global payment processing, FX, and connected banking, has launched to market.

Offering an integrated payment solution for merchants seeking to access new and emerging markets, Nucleus365 offers a unified platform for payment processing, back office treasury functions, and reconciliation purposes covering banking and acquiring. Nucleus365 supports IBANs in over 60 currencies via Swift, SEPA, and Faster Payments, with access to an expanding network of markets across five continents. 

The payment institution was initially founded in 2021, bringing together a team with over 25 years of experience in the payment and financial services sectors to address the disconnect between payment processing and technology stacks. Having obtained a license from the FCA, Nucleus365’s platform ensures merchants can contract and seek out multiple providers to meet their requirements. 

Leveraging next-generation technology, the Nucleus365 platform also gives merchants access to data to monitor customer behaviour. Merchants can generate multiple daily reports, offering total visibility of all payment methods, success rates, settlements, fees, and withdrawal data in real-time.

Speaking at the launch at Money2020, co-founder Sophie Flynn, acknowledged Nucleus365’s mission to become a market leader in payment services by offering merchants a single, unified access point. 

“We want to give our merchants the tools needed to properly understand their own customer bases. This is where deep data comes into play - Nucleus365 offers merchants total visibility across the payment process, ensuring they can monitor customer behaviour in all markets they are operating in. Controlling all parts of the payment flow, Nucleus365 has been designed to process, collect and settle payments within its platform.”

Over the coming months, Nucleus365 will be striking new banking partnerships globally, as well as expanding its network of merchants who will benefit from its unified offering.