Finseta expands its reach across global payments

Finseta Plc

Finseta offers international payment services to businesses operating across a wide range of markets.

Its Global Payments Network supports businesses in more than 146 jurisdictions, with payments available to more than 165 countries. Customers can also access more than 150 key currencies.

The service is designed for businesses that need to send money across borders, manage different currencies and operate in multiple markets. Finseta also provides direct access to currency markets. The company says its lean operating model allows it to avoid the same level of fees and percentage charges associated with traditional banks.

Foreign exchange is a core part of the offer. Businesses using the platform can access a large number of currencies while also receiving support from Finseta’s currency specialists in the City of London. Customers are not limited to a digital platform, they can also speak directly with specialists when managing foreign exchange requirements or arranging transactions.

International payments also sit alongside the company’s wider range of services. These include multicurrency accounts, bespoke solutions and corporate cards.

Finseta’s regulatory structure also supports its payments business. Finseta Payment Solutions Ltd, a wholly owned subsidiary of Finseta Plc, is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money.

Finseta Plc (LON:FIN), formerly Cornerstone FS PLC, is a United Kingdom-based foreignexchange and payments company offering multi-currency accounts and payment solutions to businesses and individuals through its global payments network.

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