Currencycloud, the experts simplifying business in a multi-currency world, has teamed up with Future FinTech Labs (FTFT Labs) to launch the remittance app Tempo to offer US-based immigrants a streamlined, secure and cost-effective way to send money. Tempo currently serves money transfers to North America (Canada, Mexico), Europe (Italy, Spain, France, Germany, the United Kingdom), India and the Philippines.
By working with Currencycloud, FTFT Labs can provide its customers with a multi-currency wallet that makes sending money to the aforementioned countries easier and more cost-effective than many remittance services who charge high fees per transfer. Most importantly for FTFT Labs, the Tempo app is a remittance service that its users can trust, with features that make moving money seamless and with in-app customer support at their fingertips. FTFT Lab’s Conversion Tool means users can buy and trade currencies, while FTFT Labs Funds feature allows users to easily add funds to the digital wallet.
By continuously adding new features to the app FTFT Labs aims to bring the most innovative, easy-to-use financial products to the fingertips of an often overlooked market: US immigrants.
Mr. Sean Liu, CEO of FTFT Labs says of the launch: “Tempo represents an easy, fast and secure way to transfer money cross-border. Working with Currencycloud and using the breadth of services it allows us to offer our customers a seamless process from start to finish. We are confident we will be able to continue to make remittance a seamless process for our end users.”
Lewis Nurcombe, Vice President Sales, Currencycloud commented: “Migrants in the US should be able to send money cross-border without friction and without prohibitive costs. A fintech like Future FinTech Labs understands the needs of working people wanting to send money to family and friends, and as such is successfully reimagining how money flows for this huge market.”
The Tempo app is available to download from the Apple App Store and Google Play.
Notes to editors
Contact:
Currencycloud: matt.rowntree@currencycloud.com
Future FinTech Labs: Rui Annabelle Zhou: annabelle.zhou@us.ftft.com
About Future FinTech Labs
Future FinTech Labs is headquartered in New York City. To learn more about us and our app Tempo, please visit http://www.ftfttempo.com.
About Currencycloud
Banks, Fintechs and businesses everywhere can make bigger, better, bolder leaps with Currencycloud, a Visa solution.
Currencycloud gives businesses the capability to move money across borders, and transact globally in multiple currencies, fast. Experts at what they do, their technology makes it easy for clients to embrace digital wallets, and to embed finance into the core of their business – no matter what industry they’re in.
Since 2012, Currencycloud has processed more than $100bn to over 180 countries, working with banks, financial institutions and Fintechs around the world, including Starling Bank, Revolut and Lunar. Based in London with offices in New York, Amsterdam, Cardiff, and Singapore, Currencycloud works with partners including Visa, Dwolla, GPS and Mambu to deliver simple, clear cross-border infrastructure solutions for clients. They are regulated in the UK, Canada, US, the EU and Australia, and were acquired by Visa in December 2021.
