“EQT said that it plans to invest in the business to expand its product offerings and also help it move into more geographies. For now it will stay focused on B2B although it has also some sights on extending to consumer by way of its clients (in other words, B2B2C). Banking Circle currently processes about €60 billion in payments annually for its clients, which include banks, card entities, and payment gateways that choose. It also has partnerships with a number of them and other banks to provide direct clearing access, making the payments faster and cheaper.”