Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it has launched a Visa card to provide businesses with a more convenient and secure way to manage global payments.
The Currenxie Visa Business Card is available now to the company’s clients in Hong Kong and will be also rolled out across the UK and Europe in early 2022.
The launch is the company’s first release in a multi-year partnership with Visa to bring corporate cards to modern, borderless companies, and follows Currenxie’s recent US$ 10 million Series A funding round.
Currenxie’s Global Account clients can apply for and receive virtual Visa cards instantly via the app.
The card number is held securely in the app, allowing Currenxie to issue optional, physical companion cards that do not need a number printed on them.
The virtual card will also allow companies to easily issue employee cards for simple and effective spend management.
The introduction of the Currenxie Visa Business Card expands the payment options for Currenxie’s business clients beyond bank-to-bank transfers to include all forms of business expenses, powered by Visa’s comprehensive global merchant network.
Riccardo Capelvenere, Founder and CEO of Currenxie said,
“Our clients are dynamic and they deserve a card to match. We’re proud to have worked with Visa as part of their Fintech Fast Track Program to bring a new type of corporate card to Hong Kong.
Today’s launch is an important milestone in achieving our vision of empowering businesses to access global commerce.”
Maaike Steinebach, General Manager, Visa Hong Kong and Macau at Visa said,
“As the world’s leader in digital payments, Visa is delighted to partner with Currenxie to develop commercial card solutions. The ease of use, access to global networks and advanced-level security provided by Currenxie’s new Visa cards are a powerful combination.
Our joint efforts can meet the evolving needs of businesses in dealing with cross-border payments and help optimise their operations.”
The post Currenxie Unveils Cross Border Visa Business Cards in Hong Kong appeared first on Fintech Hong Kong.