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Gotrade Uses Rapyd to Make Equities Trading More Equitable

Learn how Rapyd enabled real-time funds transfers for Gotrade customers with lower fees and more local payment options.

Video Transcript

We’re on the mission of bringing investing to as many people as we possibly can from as little as one dollar. 

Fractional trading in South East Asia is relatively new. In fact, we are probably the only firm that’s doing it. So it is completely new in the region.

Rapyd completely understood what we were trying to do and they were completely bought into the vision. From that perspective, it made it really easy for us in terms of integration and deployment.

The most important thing, I believe, is that users have access to local payment methods that they trust from their country.

Any deposit method our users requested we were able to provide with Rapyd.

When we originally launched Gotrade, every user could only make a deposit via wire transfer. It took 3 to 5 business days for the funds to actually hit the user’s account. Now with these local deposit methods integrated Via Rapyd, we are able to get the money into the user’s account within minutes… sometimes even seconds.

Rapyd does a great job of giving us competitive FX rates, a very clean and easy funding solution.

So it’s not just about saying you can do something, it’s actually about getting it done and that’s one thing Rapyd does really really well.

We saw incredible double-digit growth rates.

Users can get their money in a few hours instead of a few days.

We’ve been able to offer local payments in pretty much any market.

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