Global Fintech-as-a-Service platform Rapyd has launched a new multi-currency Treasury Solution for cross-border payments. The payments platform today revealed its latest payment collection, funds management, and pay-outs disbursement solution at the Singapore Fintech Festival 2022.
Rather than set up and keep track of numerous overseas bank accounts to deal with various countries and currencies, Rapyd’s Treasury solution streamlines the process of settling with the business’ lead bank regardless of where the funds are coming from and going out to.
The Treasury Solution allows businesses to collect funds locally from over 100 countries. It can receive funds through instant bank transfers via local real-time payment systems, including FAST, PayNow, and PromptPay.