Prepaid Financial Services Ltd. has two new partnerships to provide white-label prepaid products in the U.S. and Canada.
The London prepaid program manager said Wednesday that it will launch other programs across Africa and the Asia Pacific region this year as part of a strategic plan to grow. It may target Botswana and India specifically.
Prepaid Financial Services already has programs in the U.K., France and Romania with imminent plans to expand into Slovenia.
"We expect to launch similar products to those that we have created in other markets and we intend to capitalize on our experience of providing multi-currency cards for business and personal travel, instant issue products, expense cards, remittance cards, contactless NFC solutions, virtual cards and many other innovative solutions," Noel Moran, chief executive of Prepaid Financial Services, said in a news release.
The company did not name its partners for expanding to the U.S. and Canada.