Intergiro, the Sweden-based Banking-as-a-Solution (BaaS) provider, has partnered with Currencycloud, the experts simplifying business in a multi-currency world, to integrate Currencycloud Spark into its portfolio of API solutions. The integration will enable Intergiro to provide their end-users with multi-currency accounts capable of holding as many as 35 currencies, a wide range of local and international payment options and dynamic currency conversion.
Intergiro’s BaaS offering previously focused on Euro-based solutions within the EU. End-users were unable to access SWIFT payments and foreign exchange (FX) capabilities were limited. With the addition of Currencycloud Spark, Intergiro’s customers can embed payment solutions which are not restricted by borders and which enable end-users to trade like locals via the wide selection of local payouts, all supported by fast, affordable currency exchange.
The business-shaped banking solutions from Intergiro deliver the ability to onboard customers including all KYC requirements, issue virtual and physical cards on behalf of end-users, and now to open and manage multi-currency ewallets, all via API.
Nick Root, Chief Executive Officer of Intergiro, commented: “We have ambitious growth plans for 2021 and our partnership with Currencycloud will allow us to deliver on promises made to existing customers, as well as target new audiences, as this functionality provides differentiation for us in the market.”
Nick Cheetham, Chief Revenue Officer at Currencycloud, commented: “The multi-currency features of Currencycloud Spark, as well as pay-outs and collections using a number of rails, and FX capabilities will add depth to Intergiro’s BaaS solutions, and supports their growth plans for 2021.”
Currencycloud Spark is available to Intergiro customers now.
ENDS
About Intergiro
Intergiro is business shaped banking. In 2019, Intergiro launched an online business account for the 2.5 million new companies born every year in the EU. Now with cards, multi-currency accounts and a full suite of banking-as-a-service APIs, Intergiro provides a truly flexible and tailored financial solution to help European businesses build, adapt and thrive in the digital age.
About Currencycloud
Banks, Fintechs and businesses everywhere can make bigger, better, bolder leaps with Currencycloud. 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, Penta 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 and the EU.
Notes to editors
Francis Mercer, Marketing & Communications Lead
francis@intergiro.com
Matt Rowntree, Head of Communications
matt.rowntree@currencycloud.com
