UK-based payments provider Currencies Direct has secured the regulatory nod to launch operations in Texas, Illinois, Pennsylvania, and Rhode Island.
The firm has been on an expansion drive in the US, where it has registered a 30% in turnover on a year-on-year basis.
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However, it feels that the nation’s international payment requirements are underserviced.
Currencies Direct said that its aim is to “bring its market-leading offering of cutting-edge technology and premium customer service, to a new audience”.
Having set up a flagship office in the nation in 2007, the firm presently has a presence in Florida, Georgia, New Jersey, Washington, Montana as well as North Carolina.
The firm supports international payments to 120 countries in 40 currencies.
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Commenting on the expansion, Currencies Direct CFO Neil Cooper said: “We are seeing a huge demand from US customers for international payments services that offer both personalised service and innovative tech-based solutions.
“As such, we are delighted to be able to make these exact services available in Texas, Illinois, Pennsylvania and Rhode Island as part of our US roll-out.”
Notably, last year, Currencies Direct partnered with identity verification platform Onfido in a bid to support customer onboarding.
