Verto Unveils Atlas Suite API to Streamline Global Payments for Fintechs and Marketplaces
Global B2B payments provider Verto has announced the launch of The Atlas Suite, its new comprehensive API platform. This innovative solution is specifically engineered for financial institutions, online marketplaces, and digital platforms seeking to seamlessly embed global payment capabilities into their existing services. Available immediately to all Verto customers worldwide, the Atlas Suite is designed to simplify the intricate processes of international transactions. The platform provides a single, unified API that empowers businesses to manage cross-border payments, FX conversions, and multi-currency accounts without the need for complex, resource-intensive integrations.
Tackling Cross-Border Payment Challenges in Emerging Markets
Verto’s new API platform is a direct response to the persistent operational, regulatory, and cost challenges that hinder international expansion, particularly in high-growth emerging markets. The African continent, a key area of focus, presents a uniquely fragmented financial ecosystem. Businesses operating in or expanding into Africa often grapple with a maze of complex regulations, inconsistent local banking access, high operational overhead, and significant currency volatility. These factors have historically made moving money efficiently and affordably a formidable task. Atlas aims to dismantle these hurdles by providing businesses with critical infrastructure through its API, including instant access to a network of local accounts and deep foreign exchange liquidity. This allows companies to bypass traditional correspondent banking systems, reducing both costs and settlement times.
According to Ola Oyetayo, CEO of Verto, the motivation behind Atlas comes from direct experience. “We have seen firsthand how complex and costly it is for businesses to expand into new markets and move money, especially across Africa,” he commented. Oyetayo positions Atlas as a “game-changer,” stating that it removes these barriers and gives Verto’s partners “the freedom to grow.” By offering a plug-and-play solution, Verto is enabling fintechs and marketplaces to accelerate their global growth strategies. The Atlas Suite empowers them to focus on their core products and customer experience while Verto handles the underlying complexity of global treasury and cross-border payment rails.
Keywords
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