Verto partners with Acquired to deliver new ecommerce solution

Global finance technology firm Verto has announced a strategic collaboration with independent payment company Acquired that will see the introduction of a digital wallet with top-up and payment functionality.

The offering will use a combined ecommerce top-up and pay-by-link solution that enables users to update their digital wallets and multi-currency accounts through card payments, as well as receive payments in various currencies anywhere in the world. The solution aims to accelerate suppliers’ time-to-market, merging Verto’s cross-border payment expertise with the connectivity of Acquired to deliver an optimised payment management system.

Commenting on the partnership, VP of Product and Analytics at Verto, Irakli Menabde said: “We are delighted to take the first step into another vertical and venture into the payments space. Ecommerce is a rapidly growing space, especially in the emerging markets, and Verto aims to become one of the world’s leading enablers across payments and foreign exchange.”

He continued: “We knew that Acquired would be the right fit for us because of their focus on customer support and communication which is second-to-none in the payment processing space. We have really benefited from their dedicated integration team and account management through the onboarding process. Choosing a partner with multi-acquirer connectivity was a must, as we have ambitious global growth plans.”

London-based B2B cross-border foreign exchange and payments enabler Verto is already operating in an industry associated with high transaction costs and complex processing. By utilising Acquired’s tailored payment offering and multi-acquirer connectivity, it not only looks to increase efficiency but also to enter more markets as it expands its global footprint.

Grant Evans, Head of Partnerships at Acquired, commented: “We are excited to be supporting Verto as they expand their global reach. Our industry-leading payments solutions are built for scale and are supported by an exemplary customer-centric service. 

“Verto has seen the tangible value in our multi-acquirer connectivity and unrivalled customer support team. This partnership also strengthens our footprint within the fintech community, and we are looking forward to supporting this thriving business as they expand over the coming years.”