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Railsbank teams up with Finadvant to deliver digital banking to SMEs

Wednesday 19 May 2021 10:51 CET | News

Railsbank, a Banking-as-a-Service (BaaS) platform, has partnered with Finadvant, a SME banking platform which aims to make international payments more accessible to businesses.

Finadvant uses Railsbank’s BaaS platform to secure GBP and EUR ledger technology, offering the ability for their customers to receive, send and convert payments via SWIFT and UKFP.

According to the official press release, Finadvant aims to deliver medium-sized trading companies a level and quality of banking service that high street banks would not typically deliver. The existing system neglects the needs and realities of cross-border payments, especially for SMEs. 


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Keywords: partnership, digital banking, SMEs, BaaS, SWIFT, banks, cross-border payments
Categories: Banking & Fintech
Companies:
Countries: United Kingdom
This article is part of category

Banking & Fintech






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