Currencycloud has partnered with Quid Global, a single sign on digital ecosystem dedicated to SMEs.
According to Currencycloud, the partnership will help launch Quid’s global wallet that supports businesses in their international development.
Founded in 2020, Quid Global’s mission is to make entrepreneurs’ lives easier and more productive, saving them valuable time at each stage of their journey with their single sign-on platform.
Quid claims it prides itself on being a modern business and banking tool built by entrepreneurs for entrepreneurs, supporting SMEs in their day-to-day running of international business.
The integration with Currencycloud will provide SMEs with a multi-currency wallet with the ability to initially convert between EUR, GBP, USD, CHF, AUD and NZD currencies anytime. Called the Global Wallet, customers will be able to open a multi-currency account with local and international account details in minutes and could be making international payments within 24 hours
The ever-growing functionality, speed and flexibility of Currencycloud means that Quid can scale its global presence, can quickly expand the number of currency accounts they offer their customers, and take advantage of new opportunities faster.
Currencycloud chief revenue officer Nick Cheetham said, “Small businesses are increasingly operating globally and there is a huge need to process international payments seamlessly and cost-effectively. The partnership between Quid and Currencycloud offers even the smallest of businesses the opportunity to do just that.”
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