Numeral and BNP Paribas chosen by Alma to automate payments

By Gloria Methri

Numeral, a top payment operations platform for FinTech companies, has been selected by Alma, a 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 customers who expect flexible payment options in their shopping experience.

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.

“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,” said Simon Shohet, Finance and Strategy Senior Manager at Alma.

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,” said 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,” said Édouard Mandon, co-founder and CEO at Numeral.