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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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.