FXC Intelligence, the leading data and intelligence provider for the cross-border payments industry, published an in-depth report examining how B2B payments companies are competing to build scalable financial platforms through multicurrency account infrastructure.
Rapyd is featured throughout the report, with David Rosa, GM of FX, Wallets and Payouts, contributing perspective on both the current capabilities of Rapyd’s multicurrency offering and where the space is heading. Rosa describes how Rapyd’s built-in FX system allows businesses receiving payments in volatile or exotic currencies to hold funds in more stable currencies like USD or EUR, offering meaningful protection against currency devaluation. He also outlines a forward-looking vision for multicurrency accounts as intelligent, always-on liquidity engines, powered by AI-driven reconciliation, programmable money movement, and stablecoin settlement infrastructure.
The report benchmarks Rapyd against nine major providers in the space, including Airwallex, Wise, Revolut Business, Convera, Corpay, Payoneer, OFX, iBanFirst and Moneycorp. Across the currencies-held metric, Rapyd leads the competitive field at 150+. The report also identifies Rapyd as one of only two providers in the benchmark already live on stablecoin acceptance, alongside Revolut Business.
The broader report covers the $44 trillion B2B payments opportunity, the growing strategic importance of multicurrency infrastructure for businesses of all sizes, and how non-bank providers are increasingly positioning themselves as alternatives to traditional banking relationships for global businesses.