Sentenial announce European expansion to meet SEPA deadline

Expanding into Europe

Payment solutions providers Sentenial has announced plans for expansion across Europe with the opening of new offices in Brussels, Frankfurt, Amsterdam and Paris, and a recruitment drive to facilitate development and service delivery (view press release).

The plans will see Sentenial invest over EURO20million between now and the end of the Single Euro Payments Area (SEPA) deadline on February 1 2014. SEPA requires all Credit Transfers and Direct Debits in euro to have migrated to new pan-European SEPA standards.

CEO of Sentenial Sean Fitzgerald said: “This investment will enable us to accelerate product enhancement and pull in our roadmap for next generation SEPA – post End Date. Our customers will see accelerated product feature and new service evolution. Building on our presence in many countries by opening permanent offices we will enhance the service experience of our customers domestically and internationally.”

Fitzgerald added: “SEPA is a complex mission critical project for all payment users, and presents many practical implementation challenges beyond those documented in the rulebooks.  Sentenial’s expanding network of connected banks and corporates have proven to be an invaluable source of learning from which the entire network is benefiting. These learning’s are quickly productised through our agile development processes and release schedules. Our hosted delivery model means quick deployment of the product advances to our customers.”

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