Austrian private bank partners with Avaloq to drive expansion

News Team, 06/06/2023

Vienna-based paybox Bank is migrating its operations to the Avaloq Core Platform in an effort to expand its business and create a suite of banking services.

The agreement aims to give paybox Bank the flexibility to expand into any business area as a licensed online bank as well as the ability to scale as its client base grows.

Paybox Bank offers credit cards for private clients.

The bank is now planning to expand its product range and use EU passporting to gr...

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