Remove Global Payments Remove IBAN Remove Multi-Currency
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Morgan Stanley Expansion Capital Acquires Stake in Global Payments Fintech Sokin

Fintech Finance

Sokin was founded in 2019 with a simple vision to remove the borders, barriers, and burdens associated with international payments. Today it enables global businesses to transfer, hold and exchange over 100 currencies with its multi-currency IBAN and local currency accounts – all through one comprehensive platform.

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MultiPass Secures Licence to Operate in the UAE

Fintech Finance

MultiPass , a global payment solution that provides modern financial products for businesses trading globally, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA).

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Former BigPay, Monzo, VP Bank Leaders Launch Pave Bank with US$5.2M Funding

Fintech News

Pave Bank is a regulated commercial bank that offers business banking products such as multi-currency operating accounts, global payment connectivity, and treasury management solutions. Pave Bank is a full reserve bank, so all deposits and funds held will not be lent out or invested.

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IFX Payments Announces Record Financial Year With 59% Leap in Profits and Revenue up a Quarter as Demand Grows for International Payment Solutions

Fintech Finance

Research from the Bank of England shows the value of cross-border payments is expected to be $250billion (£197billion) by 2027, a $100billion increase since 20171.

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ONPEX Links Wirexend To SWIFT Cross-Border Payments

PYMNTS

Multi-currency IBAN account provider ONPEX is collaborating with Canada’s Wirexend to provide multi-currency payment solutions for joint business customers. The companies noted that connecting IBANs to Wirexend accounts supports faster and easier reconciliation and security.

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ONPEX enables payments with SWIFT gpi cross-border transaction standard

The Paypers

(The Paypers) ONPEX , a provider of multi-currency IBAN accounts, has partnered with SWIFT to offer its clients instant access to SWIFT’s global payments innovation (gpi).

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Pave Bank Emerges From Stealth To Bridge the Traditional Finance and Digital Economy

The Fintech Times

Pave Bank is a fully regulated commercial bank where clients can get business banking products (such as multi-currency operating accounts, global payment connectivity, and treasury management solutions). They will also have access to multi-asset custody, virtual IBANs, safeguarding accounts and PaveNet.

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