FRANKFURT, Germany & MUNICH — April 14, 2026
Executive Summary
Beyond by RS2, the innovation brand of RS2 Financial Services GmbH, has announced a strategic partnership with Hakisa GmbH to introduce an integrated card-based digital expense management solution tailored for social service organisations, welfare institutions, and municipalities. The collaboration combines card issuing infrastructure with a modular expense management platform, enabling organisations to issue payment cards while maintaining full oversight and control of spending activities.
Under the partnership, Beyond by RS2 will act as BIN sponsor and issuer for Mastercard® cards, while Hakisa provides its HakiPay® platform, which includes tools for expense tracking, approvals, and allocation workflows. The solution is designed to support organisations managing donation funds, care budgets, and public resources, with a focus on transparency, compliance, and operational efficiency. The offering has already been deployed in initial projects and is built on Mastercard infrastructure to meet applicable European regulatory standards.
Announcement Overview
The partnership between Beyond by RS2 and Hakisa GmbH establishes a unified framework that integrates payment card issuing capabilities with a digitally enabled expense management system. This combined solution is specifically designed for organisations operating in the social and public sectors, where managing funds across multiple stakeholders and projects requires both control and transparency.
Within this framework, organisations can issue Mastercard® payment cards to employees, carers, and project partners, while maintaining visibility into how funds are allocated and spent. The system introduces structured mechanisms for budget control, spending restrictions, and real-time oversight, ensuring that financial resources are used according to defined parameters.
The collaboration reflects a coordinated approach to delivering a compliant and scalable financial management solution, combining Beyond by RS2’s issuing and infrastructure capabilities with Hakisa’s expense management technology. The result is a platform that enables organisations to manage financial processes in a digitally integrated environment, aligned with regulatory and operational requirements.
Key Announcement Details
Partnership Identity and Announcement Context
- Announcement Type: Strategic partnership and launch of an integrated card-based digital expense management solution
- Announcement Date: April 14, 2026
- Announcement Locations: Frankfurt, Germany and Munich, Germany
- Partnership Nature: Collaboration between a payment infrastructure provider and an expense management platform provider
- Partnership Objective: Deliver a unified financial management solution for organisations operating in the social and public sectors
- Launch Status: Officially launched with solution already operational in initial deployments
Entities, Branding, and Corporate Relationships
- Primary Brand: Beyond by RS2
- Legal Entity: RS2 Financial Services GmbH
- Brand Classification: Innovation brand of RS2 Financial Services GmbH
- Group Association: RS2 Group
- Institution Type (RS2): BaFin-licensed e-money institution
- Partner Company: Hakisa GmbH
- Ownership: Subsidiary of Maffei & Co.
- Institution Type (Hakisa): BaFin-licensed e-money agent
- Investment Structure: Hakisa operates under an investment holding framework via Maffei & Co.
Solution Definition and Product Composition
- Solution Name (Descriptive): Integrated card-based digital expense management solution
- Solution Type: Combined issuing and expense management platform
- Core Integration: Payment card issuing infrastructure integrated with digital expense management system
- System Objective: Enable organisations to issue cards and manage spending with full visibility and control
- Digital Nature: Fully digital financial management environment
Card Issuing Role and Payment Infrastructure
- Card Network: Mastercard®
- Issuing Entity: Beyond by RS2
- Issuing Role Definition: BIN sponsor and card issuer
- Issuance Capability: Enables distribution of payment cards to multiple user groups
- Card Distribution Targets:
- Employees
- Carers
- Project partners
- Transaction Monitoring: Real-time tracking of spending activity
- Spending Control Mechanisms:
- Merchant Category Code (MCC) Restrictions
- Defined Budget Parameters
- Project-Specific Spending Rules
- Operational Function: Enables organisations to define, monitor, and enforce spending policies
Expense Management Platform (HakiPay®) Functional Coverage
- Platform Name: HakiPay®
- Platform Developer and Provider: Hakisa GmbH
- Platform Classification: Modular digital expense management platform
- Core Functional Modules:
- Digital Receipt Capture for transaction documentation
- Cost Centre Allocation for structured expense categorisation
- Approval Workflows for validation and governance of expenditures
- Platform Design: Modular architecture enabling configuration based on organisational needs
- User Interface Role: Central interface for managing and reviewing financial activity
Target Sectors and Organisational Coverage
- Primary Target Segments:
- Social service organisations
- Welfare organisations
- Municipalities
- Sector Classification: Social sector and public sector
- Operational Scope: Organisations managing distributed funds across multiple stakeholders
- User Roles Enabled:
- Internal staff (employees)
- Care providers (carers)
- External collaborators (project partners)
Financial Use Cases and Resource Management
- Primary Financial Use Cases:
- Management of donation funds
- Allocation and oversight of care budgets
- Administration of public resources
- Resource Type: Financial funds allocated for social, welfare, and municipal purposes
- Operational Requirement: Controlled distribution and usage of allocated funds
- Functional Outcome:
- Centralised oversight of spending
- Distributed access to funds through controlled card issuance
Operational Capabilities and Functional Outcomes
- Core Capabilities:
- Real-time visibility into financial transactions
- Structured control over spending behaviour
- Digital management of financial workflows
- Operational Benefits:
- Efficient expenditure processes
- Secure handling of funds
- Traceable financial activity
- Process Enhancements:
- Replacement of manual processes with digital systems
- Improved governance over financial operations
Technology Infrastructure and System Architecture
- Underlying Network: Mastercard infrastructure
- Technology Stack: Integrated payment issuing and expense management system
- System Characteristics:
- Real-time processing capabilities
- Digital transaction tracking
- Integrated reporting functionality
- Architecture Type: Modular and scalable system design
- Integration Model: Direct integration between issuing layer and management platform
Regulatory Framework and Compliance Scope
- Regulatory Authority: BaFin (Germany)
- Licensing (RS2): Licensed e-money institution
- Licensing (Hakisa): Licensed e-money agent
- Compliance Scope:
- European regulatory requirements
- Data protection standards
- Financial transparency requirements
- Compliance Objective: Ensure that financial operations align with applicable regulations
Transparency, Security, and Data Handling
- Transparency Objective: Provide full visibility into how funds are used
- Security Objective: Ensure controlled and rule-based spending
- Traceability Objective: Enable tracking and auditing of all financial transactions
- Data Protection Focus: Alignment with European data protection standards
- Operational Integrity: Maintain secure and compliant handling of financial data
Implementation Status and Deployment Details
- Deployment Status: Initial joint projects successfully implemented
- Deployment Type: Real-world implementation with social organisations
- Operational Readiness: Solution actively in use
- Adoption Model: Scalable across additional organisations and geographies
- Expansion Capability: Designed for broader rollout across target sectors
Leadership Representation and Statement Context
- RS2 Representative: Florian Heuberger
- Role: Senior Product Manager, Consumer Solutions
- Statement Coverage Includes:
- Secure, efficient, and compliant solution delivery
- Real-time oversight of spending
- Use of MCC restrictions, budget parameters, and project rules
- Maffei & Co. Representative: Andreas Buchner
- Role: Managing Director
- Statement Coverage Includes:
- Enabling modern and transparent fund management
- Integration of Mastercard cards into HakiPay platform
- Improving efficiency, security, and traceability
Strategic Objectives and Partnership Goals
- Primary Objective: Enable digital, transparent, and controlled financial management
- Secondary Objective: Improve efficiency and traceability of expenditure processes
- Joint Strategic Focus:
- Integration of issuing and expense management capabilities
- Support for organisations managing public and social funds
- Process Transformation Goal: Transition to modern, digital financial management systems
About Beyond by RS2
- Brand Identity: Innovation brand of RS2 Financial Services GmbH
- Group Membership: Part of RS2 Group
- Platform Characteristics:
- Cloud-based infrastructure
- Supports issuing and acquiring services
- Provides real-time insights
- Includes advanced orchestration capabilities
- Operational Focus: Deliver flexible and scalable payment solutions
- Technology Foundation: Built on RS2’s payments technology and operational expertise
- Website: https://beyondbyrs2.com/
About Hakisa GmbH
- Company Structure: Subsidiary of Maffei & Co.
- Core Product: HakiPay®
- Platform Capabilities:
- Modular design
- Adaptable across multiple industries
- Supports digital expense management processes
- Operational Focus: Provide configurable expense management solutions
- Website: https://www.hakisa.com/
Partnership Structure and Operational Model
The collaboration is structured to combine the respective capabilities of both organisations into a single operational framework. Beyond by RS2 contributes its card issuing infrastructure, acting as the BIN sponsor and issuer for Mastercard® cards. This role enables participating organisations to issue payment cards directly to relevant stakeholders, including staff and project participants.
Hakisa GmbH, operating as a BaFin-licensed e-money agent, provides the HakiPay® platform, which serves as the digital interface for managing expenses. The platform integrates with the card issuing infrastructure to create a unified system where transactions can be tracked, categorised, and controlled in real time.
This structure allows organisations to distribute funds through payment cards while maintaining centralised control mechanisms. The integration ensures that financial activity is not only recorded but also governed through predefined rules, enabling organisations to align spending with operational objectives and compliance requirements.
Card Issuing and Payment Infrastructure
A core component of the solution is the card issuing capability provided by Beyond by RS2, which enables organisations to deploy Mastercard® payment cards across their operational networks. These cards can be assigned to various stakeholders, including employees, carers, and external partners, depending on the specific use case.
The issuing infrastructure supports real-time transaction monitoring, allowing organisations to track spending as it occurs. This capability is complemented by the ability to define spending controls, such as:
- Merchant Category Code (MCC) restrictions
- Predefined budget limits
- Project-specific spending rules
These controls ensure that funds are used within the parameters set by the organisation, reducing the risk of misuse and enabling more precise financial management. The infrastructure also supports scalability, allowing organisations to expand card issuance as needed across different projects and regions.
HakiPay® Platform Capabilities and Functional Modules
The HakiPay® platform, developed by Hakisa GmbH, provides the digital layer that enables comprehensive expense management. The platform is designed as a modular system, allowing organisations to configure features based on their operational requirements.
Key functionalities include:
- Digital receipt capture, enabling users to upload and store transaction documentation
- Cost centre allocation, allowing expenses to be assigned to specific departments or projects
- Approval workflows, supporting structured validation processes for expenditures
These features are tailored to the needs of social institutions and municipalities, where financial accountability and documentation are essential. The platform integrates directly with the card issuing system, ensuring that all transactions are recorded and processed within a unified environment.
The modular design of HakiPay® allows for flexibility in deployment, enabling organisations to adapt the system to different operational contexts while maintaining consistency in financial management practices.
Use Cases Across Social and Public Sector Organisations
The combined solution is intended for organisations that manage funds across multiple stakeholders and operational contexts. These include:
- Social service organisations managing donation-based funding
- Welfare institutions overseeing care-related budgets
- Municipalities administering public resources and project funding
In these environments, the ability to distribute funds efficiently while maintaining oversight is critical. The solution enables organisations to issue payment cards for specific purposes, such as project expenses or operational costs, while ensuring that all transactions are tracked and controlled.
The system supports scenarios where funds need to be allocated across different users and locations, providing a mechanism for centralised oversight with distributed access. This approach aligns with the operational needs of organisations that require both flexibility and accountability in managing financial resources.
Leadership Statements
Florian Heuberger, Senior Product Manager, Consumer Solutions at RS2, stated:
“With this partnership, we are bringing to market a secure, efficient and compliant solution for organisations managing donation funds, care budgets and public resources. Our issuing platform gives organisations real-time oversight of spending, with controls such as MCC restrictions, budget parameters and project-specific rules.”
Andreas Buchner, Managing Director of Maffei & Co., added:
“Together with Beyond by RS2, we are enabling social organisations and municipalities to manage funds in a modern, transparent and fully digital way. By integrating Mastercard cards into our HakiPay platform, we are helping customers make expenditure processes more efficient, secure and traceable.”
Implementation Status and Initial Deployments
According to the announcement, the solution has already been deployed in initial joint projects with social organisations, indicating that the platform is operational and in use. These early implementations demonstrate the practical application of the combined infrastructure and provide a foundation for further expansion.
The deployment process integrates both the card issuing capabilities and the expense management platform, allowing organisations to begin using the system within their existing operational frameworks. The successful implementation of initial projects suggests that the solution is designed to be adaptable to different organisational contexts.
Regulatory Compliance and Infrastructure Standards
The solution is built on Mastercard infrastructure, providing a foundation for secure and reliable payment processing. It is designed to meet applicable European regulatory requirements, ensuring that organisations can operate within established legal and compliance frameworks.
Key compliance considerations include:
- Data protection standards
- Transparency in financial transactions
- Adherence to regulatory guidelines for e-money institutions
Both Beyond by RS2 and Hakisa operate within regulated environments, with licensing under BaFin, the German Federal Financial Supervisory Authority. This regulatory alignment supports the deployment of the solution across European markets while maintaining compliance with relevant standards.
Technology Integration and Digital Enablement
The integration of card issuing infrastructure with a digital expense management platform represents a unified approach to financial operations. By combining these components, the solution enables organisations to manage financial processes within a single system.
The use of cloud-based platforms and real-time data processing supports the delivery of up-to-date information on spending activities. This enables organisations to make informed decisions based on current data, while also maintaining historical records for reporting and compliance purposes.
The system’s architecture is designed to support scalability, allowing organisations to expand usage as their operational needs evolve. This includes the ability to add new users, issue additional cards, and configure platform features as required.
About Beyond by RS2
Beyond by RS2 is the innovation brand of RS2 Financial Services GmbH and part of the global RS2 Group. The organisation delivers modern payment solutions supported by RS2’s established technology and operational expertise.
Its cloud-based platform supports:
- Issuing services
- Acquiring capabilities
- Real-time insights
- Advanced orchestration tools
These capabilities enable partners across industries to implement scalable and flexible payment solutions, supporting a wide range of use cases. Beyond by RS2 focuses on delivering infrastructure that facilitates seamless payment experiences while maintaining operational efficiency.
About Hakisa GmbH
Hakisa GmbH, a subsidiary of the investment holding Maffei & Co., has developed the HakiPay® platform, a modular digital solution designed for expense management across various industries.
The platform is structured to provide:
- Flexible configuration options
- Integration with payment systems
- Tools for financial tracking and reporting
Hakisa’s approach focuses on delivering solutions that can be adapted to different operational requirements, supporting organisations in managing financial processes through digital systems.
Media Contact
For additional information, visit beyondbyrs2.com.
Source Attribution
Source: Company announcement