Following this announcement, both Unlimit and the global commercial fintech Convera are expected to further develop the GlobalPay for Students platform, as well as simplify the process of tuition payments for students in emerging markets.
In addition, both companies will continue to focus on meeting the needs, preferences, and demands of customers and clients in an ever-evolving market, while also prioritising the process of remaining compliant with the regulatory requirements and laws of the local industries.
Unlimit represents a global fintech company that was developed in order to provide a large portfolio of financial services, including Banking-as-a-Service (BaaS), payment processing, and on-ramp fiat solution for DeFi, crypto, and GamFi. Convera is a global commercial fintech that offers international businesses the possibility to move money securely and efficiently by providing tech-led payment tools that accelerate customers’ development processes.
According to the official press release, the partnership is expected to launch firstly in Brazil, with Convera leveraging Unlimit’s comprehensive and secure alternative payment method (APM) portfolio in order to enable the safe and efficient payment of cross-border tuition fees through the GlobalPay for Students platform. This process will take place by using the PIX, without any additional charges. PIX represents one of Brazil’s popular payment methods, and with close to 90.000 Brazilian students studying abroad, the ability to pay via this option is expected to simplify the lives of these individuals.
The partnership reflects the shared goal to make cross-border payments more secure, efficient, and quick. Unlimit and Convera will also focus on the process of connecting multiple universities across the world to the most popular payment methods in the markets of their students’ origins, aiming to optimise the overall tuition payment landscape.
At the same time, both Unlimit and Convera plan to continue their shared strategy by broadening their collaboration to include other emerging markets in the future, where international education is gaining popularity. The companies will focus on the process of opening up new markets while also continuing to make the student payment experience accessible and simple for players worldwide. For more information about Unlimit, please check out their detailed profile in our dedicated, industry-specific Company Database.
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