Chimoney, a leading fintech company in global money movement, has chosen WireFX, a SaaS platform empowering financial technology companies to build innovative payment experiences, as its US provider of payment and account services. This strategic partnership aims to give Chimoney’s corporate clients seamless access to the US banking system, allowing them to easily fund bulk payouts to community members, employees, contractors, and brand ambassadors around the globe.
According to Uchi Uchibeke, Chimoney’s Founder and CEO, “Our Partnership with WireFX aligns with Chimoney’s mission to unlock economic opportunities for everyone since WireFX combines the best of banking services and easy-to-integrate technology.” He further added, “We are pleased with the team at WireFX and are looking forward to collaborating with WireFX to issue FDIC-Insured For-Benefit-Of (FBO) Bank accounts to our corporate clients, simplify the process of moving money globally, and increase trust between Chimoney and our clients.”
Our Partnership with WireFX aligns with Chimoney’s mission to unlock economic opportunities for everyone since WireFX combines the best of banking services and easy-to-integrate technology
Uchi Uchibeke, Chimoney’s Founder and CEO
Chimoney’s platform and payment infrastructure enables fast, secure, and efficient global bulk payments, with an API for connecting multiple currencies, payment networks, and flexible, world-class cashout options. The platform includes 1,000+ global gift card products, airtime in 10 countries, mobile money in 21 countries, and 10,000+ banks in 20 countries. This will enable Chimoney’s corporate clients to make payments to their employees, contractors, and brand ambassadors in multiple countries and currencies with ease.
We are excited to have our modern payment platform be chosen as part of Chimoney’s innovative payments experience
Jeff Althaus, WireFX President & CEO
Wire FX
WireFX, on the other hand, is a SaaS platform that empowers financial technology companies to build innovative payment experiences. The platform provides fintechs like Chimoney with a full suite of compliance, account, and global payment rails in an all-in-one platform. The WireFX API platform seamlessly integrates banking services with large corporate and fintech ledger systems, making it easy for fintechs to customize the platform to deliver the experience their clients demand in a few weeks – not years.
“We are excited to have our modern payment platform be chosen as part of Chimoney’s innovative payments experience,” said Jeff Althaus, WireFX President & CEO. He further added, “We look forward to working closely with Chimoney and growing a successful and long-standing partnership.”
The partnership between Chimoney and WireFX is expected to bring new and innovative payment solutions for businesses and consumers. The collaboration will enable businesses to make global payouts with ease and consumers to have access to a wide range of payment options. This partnership will not only revolutionize the financial industry but also bring fairness to the world of payments.
Summary
In summary, Chimoney is a leading fintech company in global money movement, providing businesses with a world-class platform and payment infrastructure for fast, secure, and efficient global bulk payments. WireFX is a SaaS platform that empowers financial technology companies to build innovative payment experiences. The partnership between Chimoney and WireFX will enable businesses to make global payouts with ease and consumers to have access to a wide range of payment options. Visit Chimoney.io and WireFX.com to learn more about their platform.