Canadian payments company Dunbridge Financial has partnered with global payments platform Currencycloud.
Under this partnership, Dunbridge will utilize Currencycloud’s expertise in cross-border payments to offer foreign exchange (FX) and international payment solutions to its customers.
Dunbridge will leverage Currencycloud Spark to provide multi-currency e-wallets to both corporate and individual customers.
Using this wallet, customers can now hold over 30 currencies and send and receive payments from over 180 countries.
Dunbridge Financial co-founder and CEO Alex Arnold said: “Currencycloud’s platform provides a strong breadth of currencies and industry-leading platform technology that will allow our customers to manage their FX exposure and move their money at a low cost, with fully transparent pricing.”
Currencycloud North America fintech director Chris D’Antuono said: “We are really excited to partner with Dunbridge.
“Their leadership has a proven track record of success in the North American FX market and they are one of the first to see the immense value Currencycloud Spark delivers to its customers.
“Improved foreign exchange rate transparency and technology will empower Dunbridge customers to operate their global receipts and payables more efficiently.”
Currencycloud in 2020
Last month, UK-based payments solutions provider Contis collaborated with Currencycloud to offer global remittances.
In July this year, Currencycloud secured its e-money licence in the Netherlands.
This January, Currencycloud raised $80m from global heavyweights to fuel growth.