Subsidiary montrada extends business to Poland

montrada's branch in Poland supports current customers from Germany in expanding to Poland and aims at gaining new customers in Germany and Eastern Europe. "Stepping into the growth market of Poland was the logical consequence of our European strategy," says Kay-Hendrik Eichler, managing director of montrada GmbH and montrada sp.z. o.o.

Together with the Polish branch, Bad Vilbel-based montrada GmbH has created the necessary infrastructure. All services are provided by Polish employees in Poland. The service offering ranges from acquiring with own acquiring licences across settlement through to terminal delivery and management. As distribution partner, in addition to the Pocztowy Bank (Postbank) montrada has acquired the BRE Bank with its subsidiaries mBank and MultiBank. "With coverage of more than a third of the total market the partner banks enable us to provide nationwide distribution through local and reliable banking relations," explains Kay-Hendrik Eichler.