Unit, the New York-based banking-as-a-service platform (BaaS), has partnered with Currencycloud, the experts simplifying business in a multi-currency world, to offer their customers an easy, seamless way to fulfill both domestic and international banking needs.
Unit is a banking-as-a-service platform that empowers companies to embed banking features into their product to build and launch next-generation bank accounts, cards, payments, and lending products.
Unit now offers US-based customers the ability to easily make cross-border payments, access FX and wallets, and quickly expand into global markets. The integration with Currencycloud enables customers to speed time to market without having to build these capabilities directly.
Itai Damti, Unit CEO and Co-founder explains: “Unit wanted to offer our customers a seamless and fast solution for cross-border and international payments. With Currencycloud, we can better align with our domestic banking providers to create what our customers deserve: a seamless end-customer experience between their domestic and international banking needs.”
Cara Hayward, Director of Strategic Partnerships, North America for Currencycloud says: “There is high demand for US Fintechs to expand their reach globally. Our partnership with Unit helps Fintech innovators of all sizes have a seamless embedded banking experience domestically and globally.”
Unit and Currencycloud can now offer their APIs as a joint solution to their new and existing customers today.
Notes to editors
Unit is a banking-as-a-service platform that empowers companies to embed financial services into their product. Unit’s platform accelerates time to market and enables companies to build and launch next-gen bank accounts, cards, payment, and lending products. Unit is headquartered in Tel Aviv and New York City and is backed by Accel, Better Tomorrow Ventures, Aleph, Flourish Ventures, TLV Partners, Operator Partners, and more.
For more information, visit www.unit.co.
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.