SAP Fioneer partners with Mastercard to embed commercial payments and services into its embedded finance, card management and lending platforms 

Walldorf, September 7, 2023SAP Fioneer, a leading global provider of financial services software solutions and platforms, has today announced a partnership with Mastercard to help enable SAP Fioneer’s financial services customers worldwide to deliver embedded payments and lending as part of their business and commercial banking proposition.  

Commercial payments remain largely fragmented, with disconnected systems and processes creating a barrier between the purchasing of goods and services and the financial services that underpin business-to-business transactions. To address this SAP Fioneer and Mastercard are combining their respective capabilities and reach to explore opportunities to help banks and fintechs deliver an embedded payment and lending experience for their customers that meets the increased demand for convenience, speed to market and agility.   

Commenting on the collaboration Dirk Kruse, CEO of SAP Fioneer stated: “We are delighted to partner with Mastercard to jointly address a burning need for a better, more streamlined approach to embedding financial services into payment processes. Combining best-of-breed technology and services from two market leaders will deliver powerful solutions that address significant pain points experienced by the industry in the payments arena.” 

Integrating Mastercard’s suite of commercial payment and open banking capabilities into the SAP Fioneer Card Management, Embedded Finance and SME Lending platforms can help banks accelerate their ability to support evolving client needs for business-to-business (B2B) payments, as well as lending and financing for small and medium enterprises and consumers.    

Rebecca Meeker, senior vice president of global B2B partnerships, Mastercard said: “For too long fragmentation has posed a barrier to international trade and commerce. By embedding secure payment and lending capabilities into the platforms where commercial activity takes place, with partners like SAP Fioneer, Mastercard is advancing a consumer grade experience for B2B payments and transforming how companies pay and get paid.” 

– Ends –


About SAP Fioneer (

SAP Fioneer was launched in 2021 as a joint venture between global technology leader SAP and entrepreneurial investor Dediq to become the world’s leading provider of financial services software solutions and platforms.  With a broad ecosystem of partners, over 800 financial services customers and more than 1,000 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.

By combining the speed and agility of a start-up with the proven capabilities of a best-in-class software company, SAP Fioneer enables banks, insurance companies and challengers to run, transform and grow while meeting their need for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end.

Contact, press only:

[email protected]

Stay in the know

Never miss a Fioneer story - sign up for our newsletter.