Kani Powers TransactPay’s Next Chapter with Partnership

WHY THIS MATTERS: The expanded partnership between Kani Payments and TransactPay is a significant data point in the ongoing evolution of regulatory technology. This is not a simple contract renewal; it represents a commitment to modern data infrastructure. As a leading e-money institution, TransactPay’s adoption of a Data-as-a-Service (DaaS) model for financial reporting underscores a critical industry trend: the move away from manual, spreadsheet-driven compliance. In a world of increasing regulatory scrutiny from bodies like the GFSC and MFSA, clean, unified data is the non-negotiable foundation for scale. This evolution, specifically in payments reconciliation, provides a single source of truth across multiple card schemes and processors, directly tackling the pervasive industry problem of fragmented data. For any fintech looking to scale internationally, verifiable data integrity is now paramount for operational safety and competitive advantage.

Kani Payments (“Kani”), the award-winning payments reconciliation and reporting platform, today announced the renewal and expansion of its contract with TransactPay, a leading European e-money institution and payments solutions provider.

The renewed long-term agreement builds on a successful collaboration that began in 2021. Under the new deal, TransactPay will extend its use of the platform to include Kani’s Data‑as‑a‑Service (DaaS) offering: a new solution that gives payment businesses a single, centralised source of truth for all their financial data.

Since partnering with Kani, TransactPay has relied on its platform for reconciliation, regulatory, and scheme‑level reporting across thousands of daily transactions, helping meet the stringent compliance requirements of the Gibraltar Financial Services Commission (GFSC) and the Malta Financial Services Authority (MFSA).

The renewal marks the next stage in a long‑term relationship that has evolved in step with TransactPay’s rapid growth and rising data demands across its global payments ecosystem.

With the addition of Kani’s Data‑as‑a‑Service offering, TransactPay now gains real‑time access to standardised, structured data across thousands of daily files from multiple processors and card schemes, including Mastercard and Visa. This unified, normalised data layer empowers teams to generate bespoke reports, strengthen transaction monitoring, and enhance efficiency and compliance.

“TransactPay has been one of our most valued partners from the beginning, and their trust has played a huge part in shaping Kani into the platform it is today. This renewed partnership reflects not just growth, but a shared belief in the power of high-quality data to drive performance, compliance and innovation across payments,” said Aaron Holmes, Founder and Chief Executive Officer at Kani Payments.

“TransactPay’s adoption of Kani’s Data‑as‑a‑Service solution represents a major step forward in our data strategy. By consolidating and hosting its payments data within the Kani platform, the company now benefits from improved efficiency, faster reporting, and enhanced decision‑making—reducing manual processes and ensuring data integrity across global operations,” said Aaron Carpenter, Chief Executive Officer at TransactPay.

Trusted by leading issuers, EMIs and fintechs, Kani Payments helps organisations transform how they manage payments data. By replacing manual processes with automation and delivering a single source of truth across reconciliation, reporting and analytics, Kani empowers clients to scale efficiently, meet regulatory expectations and make faster, more confident decisions.

FF NEWS TAKE:

This move firmly validates Kani’s proposition that specialist data orchestration is essential for high-growth payments firms. While not a disruptive market shift, it is a key indicator of where the industry is heading: making the centralisation of transactional data a standard operational requirement. The true impact lies in what comes next. With regulatory reporting automated, TransactPay can shift its focus from data collection to strategic data leverage. We anticipate other large European EMIs will follow suit, looking to unlock faster decision-making and deeper transaction monitoring capabilities from their newly unified data layer.