Token.io, a leading European provider of account-to-account (A2A) payment infrastructure, has received a strategic investment from HSBC to deepen their long-standing partnership and accelerate the adoption of “Pay by Bank” solutions. The move strengthens HSBC’s Open Payments platform, enabling secure, real-time direct bank payments for consumers and businesses across Europe, including peer-to-peer transfers and loan repayments. The investment reflects growing confidence in Open Banking, with analysts projecting that by 2029, 75% of Europeans will regularly use Pay by Bank, making it one of the dominant digital payment methods by 2030.
Token.io Announces Strategic Investment by HSBC
