Novalnet Team Up
“Can a single-contract, BaFin-licensed all-in-one payment platform — combining acquiring, fraud, billing, tax, and open banking rails — displace multi-vendor payment stacks for European and global e-commerce merchants?”
HQUnterföhring, Bayern, Germany
IndustryInfrastructure / Payments
The story
Novalnet AG was established as a BaFin-licensed full-service payment provider in Germany, targeting online merchants with a single-contract model covering acquiring, fraud prevention, billing, and debt collection. Over time it expanded its platform to include tax automation, installment payments, and marketplace/affiliate split-payment capabilities. The partnership with Tink marks an explicit move into open banking-powered payments, extending Novalnet beyond card-based acquiring toward account-to-account payment rails.
Product timeline
2024
Novalnet partnered with Tink to integrate open banking-powered payment initiation into its payment platform.· banking
2025
Novalnet achieved SOC 2 Type II certification across all global operations, reinforcing enterprise-grade compliance posture.· pivot
Regulated entities
Payment Institution License
Germany (BaFin)
Novalnet AG
The stack
Payments / PSP
Lending
Open banking
Accounting gap: significant