Aeon Finance offers a global payment platform that enables businesses to send and receive funds in multiple currencies. Their services include global accounts and foreign exchange conversion, streamlining international transactions for SMEs, banks, and financial institutions. Aeon Finance simplifies cross-border payments and currency exchange management.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges in managing international payments due to currency conversion complexities, high bank fees, and transaction delays. Traditional banking systems often impose cumbersome processes, making it difficult for businesses to operate efficiently in the global market.
Solution
Aeon Finance provides a global payment platform that streamlines international transactions, enabling businesses to send and receive funds in multiple currencies with ease. The platform offers global accounts, facilitates collections and payouts, and provides FX conversion services across multiple geographies. By bypassing traditional banking systems and utilizing a network of local bank accounts, Aeon Finance enables faster and more cost-effective transactions. The platform provides a unified solution for managing transactions in multiple countries, optimizing international transactions for trade, employee salaries, and vendor payments.
Target Audience
Aeon Finance primarily targets SMEs, banks, and financial institutions seeking to streamline international payments and optimize currency exchange management.
Features
- Multi-currency global accounts to send, hold, receive, and exchange in various currencies including HKD, USD, SGD, GBP, AUD, EUR, CAD, CNY, CHF, DKK, JPY, NOK, NZD, and SEK.
- Global payout to over 180 countries, reducing wire fees and expanding global reach.
- Global FX platform built on an extensive global network to streamline international financial operations and secure currency rates.
- Receivables solution to receive money locally with speed and ease, holding multiple currencies in an Aeon wallet.
- White-label solution for Banks & FIs to seamlessly integrate the product suite into their offerings.
- Batch processing for simultaneous, large-scale fund transfers.
- API integration for automation, allowing users to automatically add new receivers and initiate payment API calls.
- Real-time monitoring and fraud detection.