Numeral, the leading payment operations platform for fintech companies, has been selected by Alma, a leading European Buy Now, Pay Later provider, to automate millions of payments per year to merchants in collaboration with BNP Paribas.
The collaboration arrives as merchants adopt new payment options for buyers who increasingly expect more flexible payment options in their shopping experience.
“As part of our goal to create the most fluid and seamless experience for both merchants and customers, paying our 11,000 and growing merchants reliably and efficiently is critical. Numeral enables us to scale with confidence and focus on our core business,” says Guillaume Desloges, co-founder and COO at Alma.
Streamlining Alma’s payment operations
With Numeral, Alma can automatically send daily payouts from its BNP Paribas’ accounts to its merchants. While fully automated, the process is secure for Alma and its merchants, as each payment is validated via Alma’s systems, and Alma’s teams keep complete visibility of each payout.
“Thanks to Numeral, we can focus on the most critical incidents and rapidly solve merchant’s issues. Numeral’s complete integration into our and BNP Paribas’ systems, audit trails, and approval rules enable us to further automate the process of managing thousands of daily payments at scale and securely,” says Simon Shohet, Finance and Strategy Senior Manager at Alma.
Payments as a strategic advantage
With Numeral, Alma directly connects to BNP Paribas to manage merchants’ payouts, giving it increased control and lower costs on these payments.
“As part of our 2025 strategic plan, our goal is to develop our cooperation with European payment fintechs, including PSPs (Payment Service Providers), in order to enrich our service offering for all our customers. By accessing our services, our clients benefit from an infrastructure with a proven track-record and the full support of a trusted banking partner coupled with the agility and quick time-to-market of an innovative startup,” says Marc Espagnon, Head of Cash Management at BNP Paribas.
In a second phase, Alma will leverage the Numeral platform to become a SEPA participant through BNP Paribas, enabling strategic advantages such as issuing IBANs in its own name.
“Numeral is helping Alma to serve its merchants better today and to integrate more of the payment value chain tomorrow, leading to additional cost efficiency and strategic benefits. We are thrilled to support a French and European leader in their growth, alongside a first-tier international banking group such as BNP Paribas,” says Édouard Mandon, co-founder and CEO at Numeral.