Hargenant Group has selected Bottomline Technologies and Currencycloud to deliver cross-border payments.
Hargenant Global specialises in accounting and payroll for the film and entertainment industry. The collaboration aims to make paying contractors and freelancers in the industry more simple and secure.
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Greg Barrow, Founder and Chairman, Hargenant Global, said: “We chose to use Bottomline’s international payments service as a means of creating and streamlining efficiencies within our business.
“We needed to pay film crews around the world, sometimes on irregular schedules and in various currencies. This SaaS-based international payments service helps our team do this from one easy-to-use, controlled payment platform.”
Send money overseas
Through the new partnership, businesses can send and receive money overseas in the local currency and at competitive rates.
Nigel Savory, Managing Director, Bottomline Technologies, Europe, said: “With globalisation, many of our customers are asking for payments to be added in several currencies and our goal is to remove complexity, to make an international payment as easy as a domestic one.
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By GlobalData“Given some of the Foreign Exchange specialisms involved, we chose to partner with Currencycloud and their pioneering APIs – together we can deliver real value for our customers.”
Mike Laven, CEO at Currencycloud, said: “Bottomline is synonymous with payments between some of the largest companies in the world, and we’re proud to be working with them.
“This is a brilliant example of how business needs are evolving and how fintech leaders are working much closer together. The industry is constantly exploring ways to create innovative solutions that meet the demands of a modern, digital economy.”
The news comes as a string of digital challengers chose Bottomline to deliver real-time payments.
This month, Revolut tapped Bottomline’s technology to provide a payments platform for its UK retail and business customers. In addition, earlier this year Starling partnered with the fintech for the same reason.
