Market Overview

Worldcore: One-Stop-Shop Fintech Offers Worldwide Payment Solutions

Worldcore: One-Stop-Shop Fintech Offers Worldwide Payment Solutions

It's almost that time of year.

The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets.

To get you prepared for this year's awards, Benzinga will profile each fintech company that has applied. Want to get involved? Submit your company here.

For this installment, we spoke with Alex Nasonov, CEO of Worldcore (answers have been edited for length and clarity).


What does your company do? What unique problem does it solve?

Worldcore offers a wide range of global payment solutions including access to bank payments, e-currency payments, prepaid debit cards, mass payments, payouts to credit/debit cards and international payment processing for individuals and businesses.

The Worldcore vision is to enable clients to send and receive payments through a single Worldcore account and provide payment execution and money remittance services.

Worldcore is the one-stop-shop for payments in Europe, a gap no incumbent had filled.

Who are your customers?

Our customers are largely EU-based businesses and consumers who need a flexible payments service. Our clients' industries range from financial advisors to app developers to marketplaces.

How long have you been in business?

We incorporated in December 2013. We began taking clients 18 months ago.

Where are you located?

We are domiciled in Prague, Czech Republic.

Who is your company's leadership? What kind of experience do they have?

Alex Nasonov is the CEO at Worldcore, with responsibility for setting the strategic course for the leading payments firm in Prague.

A financial prodigy, Nasonov developed a keen interest in the forex and stock markets as a teenager. With an evergreen passion for global finance, he parlayed his success in the markets by seizing a new opportunity, in 2014, to bring new payments innovation to the CEE FinTech sector.

Nasonov earned his master's degree from University of Marketing, Finance and Audit (UniMFA), specializing in Audit, Finance and Banking.

Anything else Benzinga should know about your company?

Worldcore, the leading payments innovator in Europe has cemented its leading position by adding a second form of biometric authentication to the firm's payments platform. In 2016, the company became the first payments institution in Europe to offer biometric voice authentication through its trademarked VoiceKey technology.

The company has rolled out a new payment option that allows payments to be sent to a user's mobile phone account. Entering a phone number in a client's Worldcore dashboard allows instant payments to a mobile account provider most anywhere in the world, from Afghanistan to Zimbabwe. Mobile account top-up is available to 600+ providers in 150+ countries.

Worldcore, in June 2106, began accepting bitcoin via the bitcoin payment processor BitPay. With this new partnership, Worldcore became the first digital banking service to offer its 7,000+ customers the ability to use the digital currency to top up their accounts and prepaid debit cards with industry-leading ATM withdrawal limits of 4,000 Euros per day as a cost-effective payment solution for individuals, payroll, affiliate payouts, and other types of corporate payments.
For another fintech profile, click here to read about how Validis, a cloud-based fintech, extracts and standardizes financial data.

If you’re looking for cool fintech startups and access to top financial institutions, and are sick of attending stuffy corporate conferences, the Benzinga Global Fintech Awards is the event for you. From its first year in 2015, the competition grew to over 250 applicants and over 500 attendees in 2016.

Connect with us on social media — use the hashtag #BZAwards and #Fintech to spread the word!


Image Credit: Screengrab from Worldcore

Posted-In: Alex Nasonov Fintech WorldcoreFintech Success Stories Interview General Best of Benzinga


Related Articles

View Comments and Join the Discussion!

Title III Restructuring For Puerto Rico Likely To Result In Significant Paid Claims For Monolines

Gun Stocks Rip As March Posts 10th Highest FBI Background Check Figures