Financial Services & Fintech

Moneybase – Malta’s first mobile payment system!

13 May 2022

< 1 min read

GVZH Advocates is proud to have advised the Calamatta Cuschieri Group, one of the largest firms in the financial services industry, in connection with the licensing and establishment of Moneybase, its latest fintech and payment services offering. Over the past three years, GVZH has been actively working with Calamatta Cuschieri on the new operation’s legal and regulatory aspects.

Moneybase is a €10-Million investment undertaken by the Calamatta Cuschieri Group offering various services ranging from payment cards to a wide spectrum of payment transaction functionality, investments, and everything in between. Moneybase offers finance management, physical or virtual Mastercard, instant payments, and competitive FX rates.

This platform is fully digital and easy to use, meaning that customers do not need to visit branches, reducing delays and bureaucracy. The Moneybase app gives the user complete control, allowing them to view their card PIN, manage security settings, swipe payments, ATM withdrawals and much more.

The launch of the app Moneybase is a milestone in Maltese fintech history, demonstrating what home-grown vision, drive, and ambition can create, offering a cutting-edge product that can compete with any of the incumbents on an international level- a milestone that we are proud to be part of.


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