Global payments platform Currencycloud has announced a new platform partnership with investment start-up Evarvest.
Evarvest is startup that enables a person to invest in well known brands and has access to over 30 stock markets around the world.
The Lithuanian-based start-up will be using the full suite of Currencycloud’s platform to sanction cross-border payments for its clients.
Mike Laven, CEO at Currencycloud, said: “Evarvest is an exciting new service, providing an easy to use, transparent and low-cost way to invest in stocks around the world.
“We’re proud to be working with Evarvest as they help the next generation access the largest stock markets in the world, and look forward to supporting their expansion.”
Currencycloud also expect the new partnership will provide Evarvest with the ability to scale from its initial launch in five countries including the UK, Poland, Spain, Portugal and Lithuania, and future global expansion.
Stephanie Brennan, CEO at Evarvest, explained: “Currencycloud have been fundamental in supporting us to reduce our costs and providing a cross-border payment and FX solution, so we can make investing accessible to the next generation of investors.
“Their API functionality allows us to fully integrate with our platform in a seamless manner, so we can support trading in international markets where the buy/sell process of stocks must be in that local markets’ currency.
“We look forward to working with Currencycloud, growing our partnership and together, shaping the future of cross border investing.”
