Redefining
Cross Border
Business Payments

The $156 trillion dollar cross-border payments industry is expected to grow at 5% CAGR, adding $7.8 trillion each year. B2B payments contribute the majority of this at $150trillion.
With SMEs conducting 43% of the cross-border trade, they present a lifeline for the global economy, with their role only expected to grow with increasing globalization.

However, traditional international remittance channels are inefficient and often present difficulties for SMEs, where:

• Payments often take many days to reach beneficiaries
• Transaction costs(fee plus forex) are very high
• There is no transaction tracking, and no FX transparency

A Fintech-led disruption is taking place in the SME cross-border business payments sector, with SMEs choosing alternate payment networks for faster and cheaper international payments, with full transparency.