Tieto Banktech selected as key supplier of market-leading solutions to support XONO SOFT’s product offering across the EEA.
Following its selection as XONO SOFT’s strategic technology partner in 2025, Tieto Banktech has delivered its end-to-end Card Suite platform to support the company’s card issuing and acquiring infrastructure across the EEA. The implementation and testing phase is now nearing completion, with commercial go-live planned for the end of 2026.
Tieto Banktech’s solution includes a full issuing management system, acquiring capabilities, switching and clearing functionalities, fraud management, and the latest 3D Secure (3DS) authentication module. This move enables XONO SOFT to operate its own branded and white-label card issuing platform, as well as the capacity to process point-of-sale payments, e-commerce transactions, and person-to-person transfers in fiat and non-fiat currencies.
Tieto Banktech’s global experience in delivering highly-adaptable solutions will help XONO SOFT scale its issuing and acquiring capabilities as the company grows. Deployed via Amazon Web Services (AWS), the solution can be easily scaled up to meet growing business volumes, while the platform’s flexibility accommodates multiple use cases and rapid implementation options. Moreover, XONO SOFT’s future business needs closely correlate with the strategic direction laid down in Tieto Banktech’s comprehensive product roadmap backed by our continuous annual investment in research and development.
Throughout 2025 and 2026, the two teams worked closely on implementation, integration, and testing of the platform. The project has progressed according to plan, providing a solid foundation for its upcoming commercial launch.
Operating since 2018, XONO SOFT (formerly Kauri One) develops software solutions that connect traditional banking services — such as payment cards and IBANs — with secure custodial and non-custodial wallet features tailored for corporate and retail clients. With Tieto Banktech as its partner, XONO SOFT is expanding its capabilities to cover acquiring services and card issuance in the EEA.As a next step, XONO is currently in process of certifying its cloud-based card processing platform with Visa and Mastercard, and is on course to go live as a direct card acquiring and issuing processor in Q4 2026.
Natalija Dmitrijeva, Head of Instant, Retail Payments & Cards at Tieto Banktech said: “We are proud to support XONO SOFT – a dynamic and growing fintech. This successful implementation provides proof that our software platform meets the demands of traditional retail banks while providing the flexibility and fast delivery fintechs need.”
Alex (Oleksii) Pavlov, Founder of XONO GROUP, commented: “Selecting Tieto Banktech as our technology partner in 2025 has been a major milestone in our journey. Over the past year, our teams have worked closely together on implementing and testing the platform, and we are very pleased with the progress and collaboration achieved. With commercial go-live planned for the end of 2026, we are creating an infrastructure where card issuing and digital asset processing can be delivered with the same trust, security and performance as traditional banking systems.”
“Our mission is to bridge traditional banking standards with next-generation financial technology. We are introducing XONO Financial Solutions that address real-world challenges with bank-grade infrastructure across various customers and industries. This unified infrastructure enables financial institutions and enterprises to launch compliant, secure and scalable digital asset products without the need to build systems from the ground up. For SMEs, it provides a resilient financial platform to manage fiat and digital assets seamlessly every day.”
For further information on Tieto Banktech’s card issuing and management services, visit: https://www.tieto.com/en/banking