ONPEX Enables Intergiro's Multi-Currency Transfers

ONPEX Enables Intergiro's Multi-Currency Transfers
28.10.2019 10:47 am

ONPEX Enables Intergiro's Multi-Currency Transfers


ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with online business account provider, Intergiro. Regulated in Sweden as an eMoney institution (EMI), Intergiro is now fully equipped to provide its international customers with access to easy-to-manage, online multi-currency payments.


Launched this year, Intergiro provides its customers with corporate accounts. These are typically difficult to set up with traditional banks and established digital players. Before joining forces with ONPEX, Intergiro’s customers had access to standard IBAN accounts with European SEPA payments. Despite this, the growing demand to transfer and receive money in multiple currencies was not yet fulfilled for the EMI’s customers. Intergiro turned to specialist provider ONPEX to solve this issue. From now on, the Swedish eMoney institution will be making use of ONPEX’ flexible Payment-as-a-Service (PaaS) platform to build its own financial services using API-technology. Using these open APIs, Intergiro can pick from a range of payments and banking* features in order to tailor their services exactly to their customers’ needs. This will help the EMI in future to optimise their product offering with a more customer-oriented approach.


Now, Intergiro’s customers will be able to transact across borders in a number of currencies, initially offering Great British Pounds (GBP), Swedish Krona (SEK), Norwegian Krone (NOK), and Danish Krone (DKK) – with the option to add up to 25 different currencies.


Christoph Tutsch, CEO at ONPEX, explained: “We recognise the importance of APIs when building a digital financial offering. Our Payment-as-a-Service platform will enable Intergiro to improve its value proposition for existing customers, while supporting even more customers with their international payment capabilities.”


Prior to the partnership, Intergiro did not have access to the SWIFT payment network. As a trusted and established player, ONPEX was able to provide this connectivity, allowing Intergiro to offer SWIFT payments to its customers.


Nick Root, CEO at Intergiro, added: “We’re on a mission to provide the financial toolkit that businesses need to thrive in the digital era, and ONPEX has been crucial in helping us on this journey. Access to the SWIFT payment network and ONPEX’ multi-currency IBANs helps us to better serve our existing customers and grow our customer base throughout Europe and across the globe.”


Going forward, Intergiro will continue to benefit from ONPEX’ services as it expands its product offering for its digital-savvy customers and looks to grow its name and its international customer base.

Related News

Deloitte and FintechOS, partners in CEC Bank’s digital transformation

Deloitte Romania and FintechOS have created and implemented the technical solution for the “Welcome” package, which CEC Bank has integrated with its legacy systems, allowing it... Read more »

NYMBUS SmartLenders™ Program Enables Financial Institutions to Immediately Assist Small Businesses Impacted by COVID-19

NYMBUS® will help all financial institutions respond to the impact of COVID-19 through its live new program that provides... Read more »

ING provides update on dividend in the context of the coronavirus pandemic

ING is fully committed to helping our customers and supporting society in coping with the coronavirus pandemic. In many countries we are working with the local industry and... Read more »

Metro Bank will waive overdraft interest on a temporary basis

Metro Bank announces that from 1 March to 30 June 2020, personal current account customers will not be charged any interest for using their overdraft. This will happen... Read more »

Sygnum Bank launches digital CHF token

Sygnum Bank announced the launch of its digital CHF token (DCHF). This CHF-pegged settlement token is the first to be issued by a regulated Swiss bank with a full digital asset... Read more »

ABN AMRO extends support measures for businesses affected by coronavirus

Last week ABN AMRO announced that, for Commercial Banking clients with a credit facility of up to 2.5 million euros, payment of principal and interest will be deferred... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel