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RippleNet’s Currencycloud and Major British Wealthtech to Launch Cross-Border Payments

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Mon, 03/08/2021 - 12:39
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Yuri Molchan
Ripplenet member Currencycloud has partnered with Fortu Wealth company to begin facilitating cross-border payments
RippleNet’s Currencycloud and Major British Wealthtech to Launch Cross-Border Payments
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Major B2B provider of payments solutions and RippleNet customer, Currencycloud, has inked a partnership deal with Fortu Wealtha wealthtech company headquartered in the U.K., as reported by The Paypers.

Currencycloud will help Fortu Wealth launch transnational payments in various global currencies.

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Currencycloud to help Fortu set up cross-border payments

Currencycloud will help wealthtech Fortu Wealth's customers conduct payments that involve multiple currencies around the globe using its Currencycloud Spark service.

The article cites a press release that states that, as a result of this strategic partnership, Fortu's clients will be able not only to transfer payments in major global currencies but also access virtual IBANs using Currencycloud's Spark.

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Working ultra-high-net-worth individuals

Besides, Fortu intends to foray into the spheres of private banking services and wealth management and revolutionize them.

The company uses its all-in-one financial solution to help ultra-high-net-worth individuals to manage and increase their wealth and is already working with Swiss Banking Group as a trial client.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.