Multipass Ltd. Announces Partnership with Currencycloud to Deliver More Flexibility to Cross-Border Payments

Currencycloud, the experts simplifying business in a multi-currency world, today announced a partnership with Multipass, part of the Dyninno Group that delivers intelligent and flexible fintech solutions for businesses, to provide its Currencycloud Spark solution as Multipass expands its operations. 

Prior to the partnership with Currencycloud, Multipass was limited to offering its customers GBP and EUR accounts. With the addition of Currencycloud Spark, customers will now benefit from a multitude of new currencies, as well as transparent and real-time wholesale FX rates. This enables Multipass to enter new market sectors, including serving multi-jurisdictional SMEs with global ties, which will now benefit from the same level of service banks are providing to multinational corporations. 

Konstantin Zaripov, Managing Director at Multipass, commented: “We offer a tailor-made product for our clients’ businesses and with the addition of Currencycloud Spark we now offer one of the best and most flexible, multi-currency products on the market. Holding different currencies in a single account means less unnecessary conversions & more freedom for business. Our clients can scale globally while getting paid like a local.” 

Todd Latham, Chief Growth Officer at Currencycloud, commented: “A combination of issues around Brexit, a fast-growing customer base and speed to market were all considerations for Multipass and we were able to deliver on all of these for them. We’re looking forward to growing with them further in the future.” 

Multipass customers are able to take advantage of this expanded offer to carry out international cross-border transactions smoothly and transparently with immediate effect.