Banking Tech Awards 2022 Finalist: MultiPass - MultiPass: a multi-currency business account to manage your international bank transfers in foreign markets
MultiPass, for their project MultiPass: a multi-currency business account to manage your international bank transfers in foreign markets, has been selected as a finalist in the FinTech of the Future: Payments category in the Banking Tech Awards 2022.
MultiPass bank challenger
The world of cross-border business payments has its pitfalls.
MultiPass is here to challenge the cumbersome traditional banking processes and empower businesses to manage their bank transfers in foreign markets – easier than ever before.
We understand that one size does not fit all in here. Therefore, we deep-dive into the specific needs of our customers to select the most efficient payment channels for each case, increasing the speed and reducing the costs of their international payments.
We remove the stress related to transacting globally, offering our customers the much-needed payment flexibility and providing a branch-like experience where each client has a direct line to a relationship manager and can talk to them whenever there is a need.
Our offering includes:
- Dedicated multi-currency IBANs
- Payments in 30+ currencies to 180 countries
- Local account details in the US, UK & EU
- Access to SWIFT, SEPA, ACH, Faster Payments and other global and local payment methods
- Live currency exchange desk with wholesale FX rates
- Virtual and plastic payment cards
- Personal manager support
- Multi-user access and more
About MultiPass:
MultiPass (a trading name of Multipass Platforms Ltd) is a bank challenger founded in 2017 as part of the Dyninno Group. With headquarters in London and regional offices in Dubai, New Delhi, New York and Riga, the company serves thousands of customers from the UK, EEA and beyond.
MultiPass provides corporate clients with multi-currency virtual IBANs, local UK, EU and US accounts, instant FX as well as a corporate card to their cover day-to-day business expenses. Our business model – “empowered by technology, delivered by people” – stands for modern banking technologies and data-driven solutions reinforced by a personalised branch-like client experience.
The company is at the scale-up stage having shown a 5-fold growth over the course of the last 12 months. MultiPass (a trading name of Multipass Platforms Ltd) was founded in 2017 as a part of Dyninno Group and is registered by FCA as an Authorised Electronic Money Institution (ref: 900840).