American fintech firm Dwolla has partnered with Currencycloud to support international payments for its clients.
Currently, Dwolla’s ACH payment API connects the merchants to the ACH Network to enable domestic payments within the US.
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By GlobalDataThe collaboration with Currencycloud will allow Dwolla’s clients to carry out international payments in 35 currencies and across 180 countries.
The partnership adds Currencycloud to the Dwolla Partner Ecosystem, a group of fintech firms working together to enhance payment services.
Dwolla vice-president of marketing Stephanie Atkin said: “We live in a world that is ever more connected. We want our phones to control our thermostats and our televisions, we want our messaging apps to sync up with our calendar apps.
“The Dwolla Partner Ecosystem was born out of that idea of interconnectivity.
“Dwolla is the leader in domestic payments, Currencycloud brings that same level of trust for international payments.
“This partnership allows our customers to get the best of both worlds. We couldn’t be more excited about this opportunity and its potential.”
Currencycloud co-founder and general manager in North America Richard Arundel added: “We’re thrilled to join the Dwolla Partner Ecosystem, a group of fintechs with shared passion for removing payments pain points with flexible API technology.”
In July, Apply Financial partnered with Currencycloud to eliminate complexities related to international payments.
