Currencycloud, a service provider simplifying business in a multi-currency landscape, has joined forces with UK-based Fintech company TangoPay to bolster its existing remittance service for UK-based expatriate clients. The collaboration aims to introduce real-time competitive foreign exchange (FX) rates and localized payment options.

Leveraging Currencycloud's APIs for Enhanced Remittance Transactions

Through this partnership, TangoPay gains access to Currencycloud's suite of services, allowing it to customize payment solutions according to customer preferences. Leveraging Currencycloud's APIs, TangoPay can streamline operations, leading to significant enhancements across various facets of remittance transactions.

Said Basir Sangerwal, the CEO and Founder of TangoPay, commented: “Currencycloud is an excellent fit for TangoPay. Before our integration we relied on traditional foreign exchange methods, which were effective but limited our scalability and the range of payment options we could offer. These limitations made it harder to meet the evolving needs of our global customer base. We have rapidly integrated with Currencycloud, using their APIs to add new features and services for our clients who now benefit from a more extensive and tailored service, while we are fulfilling our mission of being a true catalyst for financial inclusion."

These improvements include reduced average transaction times, lowered transaction fees, access to real-time exchange rates, and an expanded array of payment alternatives. The newly enhanced TangoPay app is available for download on both Google Play Store and the App Store.

Collaborative Integration: GO Markets and Currencycloud Join Forces

GO Markets, an Australian-based CFD broker, has partnered with Currencycloud to streamline multi-currency business operations. The collaboration focuses on automating client deposits and withdrawals while providing real-time API-driven competitive foreign exchange rates.

Central to this alliance is a virtual multi-currency account, enabling GO Markets to accept wire payments across different local and SWIFT payment rails. The approach enhances fund upload efficiency through automation facilitated by Currencycloud's platform, as stated by the companies to Finance Magnates.