The Silicon Review
The use of application programming interfaces (APIs) is presenting a world of possibilities for financial institutions. They enable the flow of information between applications and give institutions the ability to easily access customer data, draw insights, and create innovative products tailored to consumer, market, and regulatory needs. APIs are changing financial services. The use of APIs is presenting a world of possibilities for financial institutions. End customers benefit from enhanced products, services, and more transparency, enabling them to better manage their personal finance
Currencycloud is one such global payment platform built on smart technology that takes the complexity out of moving money. Developers use the company's API building blocks to build customized payment solutions. To embed payments infrastructure into products or services, or build on top of it, the firm will fit into their client's business in a way that works for them. The firm takes care of all the intricacies and regulatory hurdles involved with cross-border payments, giving its customers the tools to globalize their business. Currencycloud is re-imagining the way money flows and enabling its customers to achieve their ambitions, sooner than they ever dared dream. Their technology helps businesses skip to the future; their highly flexible platform molds to meet any challenge customers face; and their team works tirelessly to help make managing international payments a breeze.
The top-class services and solutions offered by Currencycloud
Digital enterprise solutions built for banks: Currencycloud brings clarity and control to your FX and payments offering. Whether you're looking to embed a payment infrastructure into your existing platform or build a new product, the firm’s enterprise-class technology can help you serve your customers better. The firm has helped many banks overcome their challenges such as Revolut in Europe and pillars of the US like Brookline Bank. Now partnering with Visa's network of banks, and continue to expand the company’s offering and improve the lives of banking customers around the world. Their services enable incumbent banks to compete with neobanks and fintech. And now through Currencycloud's partnership with Visa, they can offer enterprise-class digital FX solutions.
Smart solutions for innovative Fintechs: Currencycloud enables the next generation of Fintechs to quickly and easily build cross-border payments and FX functionality into their platforms while maintaining complete control of the user experience. The suite of modular APIs integrates with your existing ecosystem to provide your fintech with total transparency of payments and FX, access to the company's global payment network with full-scale compliance support, and end-to-end automation of the payment process. Staying compliant is an onerous task that requires a lot of expertise and a strong compliance framework. The firm helps the fintech sector to stay as agile as possible.
Money Service business: For MSBs who are currently underserved by big banks, Currencycloud offers a globally regulated, comprehensive payments and FX platform built on a full stack of APIs that simplifies your business so you can focus on your customers. Its payment platform easily integrates with your ecosystem, enabling you to get to market fast while offering end-to-end automation, liquidity redundancy, and immediate expansion into global markets complete with full-scale compliance support. Money service businesses need liquidity to ensure a smooth flow of operations and hedge against risk. Currencycloud provides an excellent source of liquidity redundancy for MSBs looking to hold currencies in a variety of markets.
FX Brokers: FX Brokers need liquidity to ensure a smooth flow of operations and as a hedge against risk. Currencycloud provides an excellent source of liquidity redundancy for FX Brokers looking to hold currencies in a variety of markets. For FX Brokers who are currently underserved by big banks, Currencycloud offers globally comprehensive payments and FX platforms built on a full stack of APIs to simplify your business so you can focus on your customers. The payment platform easily integrates with your ecosystem enabling you to get to market fast while offering end-to-end automation, liquidity redundancy, and immediate expansion into global markets complete with full-scale compliance support. The APIs fit into your workflows, so you retain complete control over customer's experience and it's completely secure. The company can help with access to real-time FX rates and give easy access to multi-currency wallets, IBANs, and VANs.
Meet the visionary leader behind the success of Currencycloud
Mike Laven is the Chief Executive Officer of Currencycloud. He joined Currencycloud in 2011, and as CEO is influential in growing the firm to become the world's most trusted payment platform. Under his leadership, Currencycloud has established itself as a leading force in the digital financial services revolution and has raised over $140m in funding.
With more than 25 years' experience at the helm of several high growth fintech and technology businesses, Mike is well-known for his ability to build venture-backed organizations and lead them to profitable growth. Having originally spent six years working for the United Nations, he has since gained a glowing reputation for fintech expertise, with executive roles at Infinity Financial Technology, Cohera, Coronet, and Traiana.