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September 9, 2020

Dunbridge Financial taps Currencycloud to support international payments

Canadian payments company Dunbridge Financial has partnered with global payments platform Currencycloud.

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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.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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