Future FinTech Group, a blockchain-based e-commerce business and a fintech service provider, announced that its subsidiary, FTFT UK Limited, has entered into an agreement with Mastercard to launch of the FTFT Orbit e-money platform and Orbit Debit Mastercard, issued via FTFT UK’s partners.
FTFT UK has been working to develop a financial ‘super app’, the FTFT Orbit, which will include a wide range of personal digital financial products and services beyond the standard mobile payments and international transfers, including membership rewards, on-the-spot discounts, social financing, and many more potentially industry-disruptive applications. The FTFT Orbit also features a unique customer KYC and on-boarding flow, providing international customers entering the UK exceptional convenience and practicality
Shanchun Huang, Chief Executive Officer of Future FinTech, said: “The agreement with Mastercard greatly strengthens the launch of our digital finance business in the UK. We are developing a leading-edge financial services ecosystem to better serve individual consumers and businesses alike. Our goal is to become a leading financial technology company that provides customers with high-quality and all-inclusive digital finance services with superior user experiences.”