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Top Cross-Border Payments Companies Enabling Global Money Movement

October 30, 2023

As business becomes increasingly global, the need for fast, cost-effective cross-border payments grows. Yet the legacy correspondent banking system remains slow, opaque, and expensive. Exciting fintech innovators now challenge slow-moving incumbents with transparent FX rates, faster settlement, and simplified compliance.

Let's explore leading startups expanding and improving global money movement:

Airwallex built an end-to-end platform empowering businesses to manage international collections, payments, and expenses. Their global infrastructure delivers transparent FX, multi-currency accounts, virtual cards, and cross-border transfers.

Payoneer offers freelancers and SMBs a seamless way to send and receive cross-border payments. Their global payments platform covers payments processing, working capital, tax solutions, and compliance.

Thunes provides the rails to move money worldwide through a single API integration. Their infrastructure enables platforms to pay out and collect funds globally with minimal friction.

Nium combines multiple cross-border money movement capabilities including payouts, card issuance, local account connections, and global accounts.

Flutterwave allows merchants and platforms to go global fast via their payments infrastructure for local acceptance, disbursements, and paylink generation across Africa.

Wise (formerly Transferwise) offers banks and non-banks access to their low-cost FX engine via APIs. This simplifies embedding transparent foreign exchange into apps.

Paytrix combines payment acceptance and FX conversion to help merchants avoid cross-border fees and FX risk. Their infrastructure delivers local payments with real-time currency conversion.

PingPong built a compliance-centric global payments network for companies and individuals to send and receive funds with competitive FX.

TransferMate offers banks, fintechs, and software providers the license, infrastructure, and compliance tools for global payments. Their solutions cover disbursements, supplier pay, and receivables.

Brightwell allows fintechs and sponsor banks to provide consumer and business remittance globally. Their platform offers compliance, liquidity access, and settlement.

Tazapay delivers cross-border payments capabilities tailored to platforms. Their stack includes escrow accounts, treasury, and global checkout.

Keeta offers an API-based platform to send and receive cross-border transfers. They aim to abstract away the complexity for fintech builders and financial institutions.

Payall provides regulated banks with global payment infrastructure covering compliance, liquidity, FX, and more. Their solutions enable fast cross-border movement.

Verto simplifies supplier payments for SMEs operating across Africa and the Middle East. Their platform delivers transparency, speed, and savings.

With global commerce booming, seamless worldwide payments become a competitive advantage. While SWIFT and correspondent banking still dominate, new players chip away with better pricing, speed, convenience and transparency.

Yet unlocking cross-border payments requires specialized expertise - from licensing to FX hedging to liquidity management. Manning + Company provides on-demand access to global payments talent powering top fintechs worldwide.

As a talent advisory firm, we recruit proven experts across:

  • Global money movement platforms and infrastructure

  • Cross-border compliance, licensing, approvals

  • Liquidity management and FX hedging

  • Payments ops, reconciliations, and reporting

  • Localization - global product, engineering, marketing

  • International expansion and market entry

Our network combines deep domain expertise with enterprise scale delivery rigor. We source hard-to-find candidates from top fintechs and global banks - then qualify them through rigorous skills testing and behavioral interviewing.

For example, when a payments startup expanded into Europe, Manning + Company quickly recruited local product and engineering leads with proven scaling experience from Wise, Revolut, and N26. We negotiated competitive offers that attracted top talent, accelerated their European launch by months, and built a foundation for future expansion.

For cross-border payments initiatives, we provide the same data-driven recruiting for flexible consulting engagements or full-time hires. Our model gives clients access to specialized experts without traditional recruiting costs or retention risks.

Whether you are assessing capabilities, entering new markets, or managing hypergrowth, Manning + Company has on-demand access to global payments talent that gets results. To learn more, visit www.jonahmanning.co or find us on LinkedIn. The future of payments is global - we ensure you have the right team to capitalize on massive opportunities ahead.

← Powering Localized Payments Worldwide: How Fintechs Are Solving The Last MileTop Card Issuing Platforms Simplifying Fintech Card Launch →

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