Memento Payments

Memento Payments is a cloud-based solution that offers companies the ability to swiftly launch their own branded card wallet application. Founded in 2014 and headquartered in Iceland, Memento focuses on simplifying the process of creating banking applications. It provides assistance to companies issuing payment cards, enabling them to establish and operate a banking application without extensive time and resource investments. The company's solution facilitates the rapid deployment of branded card applications, allowing for the seamless onboarding of new clients and card issuance in a matter of days. Moreover, Memento caters to businesses with existing applications in the market, allowing them to swiftly integrate card experiences and upgrade their app to a comprehensive banking application.

The latest milestone for Memento Payments was a substantial ISK170.00M Venture Round investment, which was secured on 08 September 2022. The investment was backed by notable firms including Polaris, InfoCapital Group, and Magnús Steinarr Norðdahl.