05 Apr, 2022

Natech and Neptune International AG enter into strategic joint venture with Piraeus Bank

Natech S.A. and its partner Neptune International AG announce a strategic joint venture with Piraeus Bank to create an innovative, independent BankTech, focusing on consumer financial services. 

Natech and Neptune International AG enter into strategic joint venture with Piraeus Bank

The new BankTech, combining leading technological and banking expertise, will provide Banking-as-a-Service, Buy-Now-Pay-Later and other Consumer Financial products purely on a digital and agile manner.  

Thanasis Navrozoglou, President and CEO of Natech, comments: " I am really excited about Natech’s new participation into this J.V. for the immense opportunities this creates for the Greek and European markets. Building on top of our current portfolio, the new digital bank offering will address both consumers and financial institutions, in Greece and Europe, throughout a pure digital experience. We will consistently continue to offer our portfolio and quality of services to our valued existing and to new customers and we shall open amazing new opportunities for them by augmenting their capabilities through the new Banking-as-a-Service proposition. In this effort we are very excited with our partners sharing the same vision and commitment to constantly deliver excellence to our clients through our innovative mentality.”

Harris Antoniou, Founder and Managing Director of Neptune International AG comments: “The banking sector across the globe is going through a period of reorganization, largely due to rapid technological developments. Natech’s innovative technologies will provide strategic levers to both Piraeus and the new Banktech venture to allow them to rationalize operating costs and improve service delivery. Our objective through the Banktech venture is to revolutionize banking customer experience in Greece but also in the rest of Europe. I am particularly thankful for the spirit of cooperation and innovation as well as the speed of execution that our partners Piraeus and Natech have exhibited in this process; a sign of things to come.”