Amnis provides a digital banking platform that offers multi-currency IBAN accounts and automated expense management tools, enabling businesses to conduct local and international transactions with minimal fees. The platform addresses high international transaction costs and inefficient manual accounting processes, streamlining financial operations for SMEs.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) face challenges with high costs and complexities in managing international transactions. Traditional banking systems often involve hefty fees, manual accounting processes, and a lack of transparency, hindering efficient financial operations across borders.
Solution
Amnis provides a digital banking platform designed to streamline global financial operations for SMEs. The platform offers multi-currency IBAN accounts and automated expense management tools, enabling businesses to conduct local and international transactions with minimal fees. Users can make and track payments, manage currency exchange, and issue multi-currency debit cards to team members. Amnis integrates with accounting software to automate expense processing and provides real-time visibility into spending. The platform supports payments in over 20 currencies and access to local payment networks, reducing costs associated with international transfers.
Target Audience
The primary target audience includes SMEs engaged in international trade and commerce, particularly those seeking to reduce transaction costs and simplify multi-currency account management.
Features
- Multi-currency IBAN accounts for managing 20+ currencies
- Local payment capabilities in the UK, US, Switzerland, and EU
- Multi-currency debit cards with customizable limits and real-time transaction monitoring
- 24/7 currency exchange with transparent, flat-rate pricing
- Automated expense management with receipt capture and categorization
- Integration with accounting systems like bexio for streamlined expense processing
- Real-time payment tracking with automated notifications for beneficiaries
- Mobile app for managing debit cards and uploading receipts on the go
- Batch payment processing for efficient mass payments