International payments platform Currencycloud has today announced a new partnership with Lithuania-based start-up Evarvest. Evarvest, the modern way to invest in the brands you love, will be using the full suite of Currencycloud’s platform to empower cross-border payments for the next generation of investors to access the largest stock markets in the world.
Evarvest is removing the barriers to entry to over 30 stock markets across the world, providing a simple, easy-to-use, transparent and low-cost way to invest in stocks, bonds and ETFs like a local.
The new partnership will provide Evarvest with the ability to scale from its initial launch in five countries including the UK, Poland, Spain, Portugal and Lithuania, and future global expansion, providing a seamless experience for their users.
Mike Laven, CEO at Currencycloud, comments: “Evarvest is an exciting new service, providing an easy to use, transparent and low-cost way to invest in stocks around the world. We’re proud to be working with Evarvest as they help the next generation access the largest stock markets in the world, and look forward to supporting their expansion.”
Stephanie Brennan, CEO at Evarvest, comments: “Currencycloud have been fundamental in supporting us to reduce our costs and providing a cross border payment and FX solution, so we can make investing accessible to the next generation of investors. Their API functionality allows us to fully integrate with our platform in a seamless manner, so we can support trading in international markets where the buy/sell process of stocks must be in that local markets’ currency. We look forward to working with Currencycloud, growing our partnership and together, shaping the future of cross border investing.”
Evarvest has recently launched a €75,000 funding round on a leading European investment platform Seedrs and will launch to consumers in the second half of this year. For more information visit https://www.evarvest.com/.
Currencycloud’s technology is unlocking the global economy for payment platforms of the future. It’s B2B cross border payments infrastructure enables businesses to deliver an awesome experience to their customers, though one simple and flexible API connection. Launched in 2012, Currencycloud is based in London and is regulated in Europe, the U.S. and Canada, and has processed more than $50bn to over 180 countries. Currencycloud works with banks and fintechs globally including Starling Bank, Standard Bank South Africa, Travelex and Brookline Bank.
Founded in January 2018 Evarvest is an innovative and dynamically developing financial technology start-up which is soon to offer ground-breaking trading services on over 30 world’s largest stock exchanges. Upon its launch in the second half of 2019 the Evarvest app will provide its users with an easy, inexpensive and safe way to invest in more than 8,000 stocks, including some of the world’s most recognisable brands they know, love and trust.
The solution provided by Evarvest has already been recognised in a number of prestigious fintech contests, such as the Barclays Rise Vilnius 2018 Fintech Week Pitch Competition and FintechInn Conference 2018 Pitch Battle. The company has also reached over 20k unique active subscribers from multiple countries on its app waitlist.
In 2018 Evarvest moved its headquarters to Vilnius, Lithuania, with a goal of entering the European market. Currently, it is in the process of obtaining a UK Financial licence authorisation and preparing for their Financial Brokerage licence authorisation granted by the Bank of Lithuania and regulated under the European Central Bank.
Since the beginning of its operation Evarvest has been putting a strong focus on financial education. Since March 2018 it has been running a popular global education platform providing free-of-charge, useful insights into how to make wise and responsible investment decisions.
The company’s aim is first to create and develop the global leading investment platform and later expand its product portfolio into further financial products, i.e. retirement savings.
For more information visit: www.evarvest.com or follow our stories on Social Media.
If you’d like to become Evarvest’s app Beta Tester sign up on: beta.evarvest.com.
Seedrs allows all types of investors to invest as little or as much as they like in businesses they believe in and share in their success. And it allows ambitious businesses in all sectors to raise capital and build community through an efficient, online process.
Seedrs has funded 800 deals to date and has had over £590 million invested on the platform. All investments made through Seedrs offer voting shares to investors and use professional grade subscription agreements. This ensures that investors get the same level of protection that angel investors and venture capitalists enjoy.
Seedrs is backed by star fund manager Neil Woodford, Faber Ventures, Augmentum Fintech PLC (listed on the London Stock Exchange Main Market and Europe’s largest listed fintech fund) and over 2,000 of its own customers. Seedrs is authorised and regulated by the UK Financial Conduct Authority.