Singapore, 11 January 2023 – Currencycloud, the experts simplifying business in a multi currency world, has partnered with Hong Kong-based money service operator Windsor First to launch a new multi-currency account solution to help Windsor First clients seamlessly optimize their B2B and eCommerce international payments processes and access a wider range of currencies at competitive FX rates.
By partnering with Currencycloud Windsor First will have a more streamlined onboarding process for customers, and will offer clients the ability to seamlessly accept and process multi–currency payments from many different jurisdictions, as well as locally in the US, Canada, UK and Europe. Windsor First is consolidating its global expertise and reputation towards collection and payment solutions by offering its end customers the reassurance of receiving payments into unique, named accounts through Currencycloud’s multi-currency IBAN solution. Additionally, Windsor First is now able to access real-time rates so they can provide their clients with the best possible FX prices.
Jeff lu, CEO at Windsor First, says, “Windsor First aims to optimize cross-border transactions for our clients so that it is a simple digital payment flow for them. Currencycloud enables us to do just that. We can now offer multi-currency accounts and offer a better FX rate to our clients, allowing us to remain highly competitive in the digital payment and collection market.”
Says Rohit Narang, Managing Director of APAC, at Currencycloud: “Windsor First understands the issues of international business and in offering a multi-currency account solves many of those problems immediately. We are delighted to be part of their solution.”
About Windsor First
Windsor First originated in the UK, founded and managed by professional bankers and digital payment specialists who have many years of banking and financial service experience between them. Windsor First is committed to providing dedicated digital payment and remittance solutions for eCommerce and business. Being a licensed institution in Hong Kong China, we are dedicated to offering all customers the best alternative to banks, be it traditional, digital, or virtual, by partnering with reputable financial institutions in the FinTech ecosystem and deploying human-focused processes and a digital platform.
Banks, Fintechs and businesses everywhere can make bigger, better, bolder leaps with Currencycloud, a Visa solution.
Currencycloud gives businesses the capability to move money across borders, and transact globally in multiple currencies, fast. Experts at what they do, their technology makes it easy for clients to embrace digital wallets, and to embed finance into the core of their business – no matter what industry they’re in.
Since 2012, Currencycloud has processed more than $100bn to over 180 countries, working with banks, financial institutions and Fintechs around the world, including Starling Bank, Revolut, Penta and Lunar. Based in London with offices in New York, Amsterdam, Cardiff, and Singapore, Currencycloud works with partners including Dwolla, GPS and Mambu to deliver simple, clear cross-border infrastructure solutions for clients. They are regulated in the UK, Canada, US and the EU and were acquired by Visa in December 2021.