UK, London, 22 April – MuchBetter, the award-winning payments company, has today announced a partnership with TrustPay to develop innovative bank transfer solutions.
The collaboration will give MuchBetter the ability to seamlessly combine electronic wallets with conventional banking flows. This will allow customers to create individual, single-purpose IBANs within the MuchBetter digital wallet, enabling outbound and inbound payment flows to designated recipients. The digital wallet has an easy to use customer interface, runs on open-banking IBAN rails, and is designed to improve customer convenience, reduce payment friction and substantially increase transactional integrity.
“We are always looking out for new ways in which we can improve our user experience – this partnership allows us to do just that,” said MuchBetter co-founder Jens Bader. “By combining TrustPay’s innovative banking solutions with our agile e-money services, we are able to move money in a much smarter way, making transfers a lot easier for our customers across Europe.”
“It is really exciting to be working with MuchBetter on the next generation of money transfers. The opportunity presented by e-money is clear for all to see, so we are happy to be part of the next phase of development,” said David Rintel at TrustPay. “Thus far we have been really impressed by what MuchBetter has to offer and are thrilled to contribute to further innovation of their e-money services. I am sure the partnership will be beneficial for both companies and all of our customers.”
About MuchBetter
MuchBetter, an FCA-licensed and regulated e-money issuer, is a new payments application. Available on Android and iOS, MuchBetter make effortless online, offline and contactless payments throughout EMEA. Funds can be transferred and received in real-time, while its anti-fraud features and use of best in class technology reduces risk.
About TrustPay
Founded in 2009, TrustPay is a sophisticated provider of payment services across EEA area. Focusing on online businesses, TrustPay provides alternative banking solution, payment gateway for e-commerce merchants as well as other financial institutions. TrustPay is an EU-licensed payment institution and a principal member of VISA, MasterCard and UnionPay International.
© 2025 MuchBetter | All rights reserved
MIR Limited UK Ltd: Registered office, Signature By Regus, Berkeley Square House, 2nd Floor, London, England, W1J 6BD. Regulation: Licensed and regulated as an electronic-money institution (EMI) by the UK Financial Conduct Authority (FCA) License No.: 900704.
QuickPay Limited: Registered office, The Black Church, St Mary’s Place, Dublin 7, Dublin, Ireland, D07P 4AX, registered under number 641373. Licensed and regulated as an Electronic Money Distributor of Sureswipe E.M.I. PLC trading as Revsto, which is licensed by the Central Bank of Cyprus to operate as a licensed Electronic Money Institution, license number 115.1.3.26.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
MuchBetter cards and wearables are issued by Paynovate SA pursuant to licence by Mastercard. Paynovate SA is an e-money issuer regulated by the National Bank of Belgium. Paynovate SA is registered with the Banque-Carrefour des Enterprises under number BE0506 763 929.
©MuchBetter and the images on muchbetter.com are protected by copyright 2025. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
© 2025 MuchBetter | All rights reserved
MIR Muchbetter Australia Pty Ltd (ACN 658 003 804)
(MIR AU or our) is a company registered in Australia and is authorised by the Australian Securities & Investment Commission (Australian financial services licence (AFSL) no. 540851). MIR AU is also enrolled as a reporting entity, and registered on the Remittance Sector Register, with the Australian Transaction Reports and Analysis Centre as a remittance services provider.
✤ Cards and wearable products are not yet available to customers in Australia through MIR MUCHBETTER AUSTRALIA Pty Limited ACN 658 003 804