Announced

HSBC to invest in Token.io.

Synopsis

HSBC, a global banking group, agreed to invest in Token.io, a fintech specialising in account-to-account payment infrastructure. Financial terms were not disclosed. “Our investment in Token.io reflects the trust and confidence we have in their team and technology, and our firm belief in the role that innovative Open Banking solutions play in transforming the payments experience for both corporates and consumers," Manish Kohli, HSBC Head of Global Payments Solutions.

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