Banqeta Secures Strategic Partnership with Google Cloud, Accelerating Global Expansion and Technology Build

Banqeta, the multi-currency business payments platform serving companies in over 130 countries, today announced it has entered into a strategic agreement with Google that will see the technology giant commit to supporting Banqeta’s next phase of growth. The deal includes Banqeta adopting Google Cloud as its core infrastructure partner and a direct investment from Google into Banqeta’s technology build.

Under the agreement, Banqeta will migrate its entire platform to Google Cloud, leveraging Google’s global network, advanced AI capabilities, and best-in-class security to deliver faster, more scalable, and more reliable financial services to its business users worldwide. The move will strengthen Banqeta’s ability to serve high-growth sectors including cross-border trade, e-commerce, logistics, professional services, and digital asset businesses.

Neil Weeks, CEO and Co-Founder of Banqeta, said:
"Partnering with Google Cloud is a major milestone for Banqeta. It ensures our platform can scale to meet the needs of businesses operating globally while maintaining the speed, security, and resilience they expect. Google’s investment in our technology build also demonstrates their belief in our vision to reshape how companies manage and move both traditional and digital currencies."

The partnership will accelerate the development of Banqeta’s proprietary infrastructure, which powers multi-currency accounts, traditional and digital currency wallets, Visa payment cards, and BanqIT, Banqeta’s internal network that enables instant, fee-free same-currency transfers between Banqeta business users anywhere in the world.

The collaboration underscores Banqeta’s commitment to building a world-class platform that reduces friction in global payments, provides businesses with more control over their finances, and unlocks new opportunities for companies of all sizes to operate seamlessly across borders.

About Banqeta
Banqeta is a global business payments platform providing companies with multi-currency accounts, traditional and digital currency wallets, Visa payment cards, and instant internal transfers via BanqIT. Serving businesses in over 130 countries, Banqeta empowers companies to manage, send, receive, and convert currencies with ease, all from a single platform.

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Website: www.banqeta.com