The startup offers a financial platform that facilitates business-to-business remittance and batch payments between Europe and China, along with multi-currency accounts. This service enables European and Asian businesses to efficiently manage cross-border transactions, allowing them to focus on their core operations while expanding globally.
Funding
$5.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses engaged in cross-border trade between Europe and Asia face challenges in managing multi-currency transactions, including high costs, hidden fees, and inefficient payment processes. Traditional banking systems often lack the speed and transparency required for seamless international payments, hindering business growth and operational efficiency.
Solution
EasyEuro provides a cross-border payment platform designed to streamline financial services for European and Asian businesses. The platform offers multi-currency accounts and facilitates business-to-business remittance and batch payments between Europe and China. By integrating with local settlement networks, EasyEuro enables faster and lower-cost global payments with transparent exchange rates and no hidden fees. The platform also supports integration with WeChat Pay and Alipay, reducing acquiring costs for European merchants catering to Asian tourists.
Target Audience
The primary target audience includes European and Asian businesses, particularly SMEs and multinational enterprises, involved in cross-border trade and seeking efficient, low-cost payment solutions.
Features
- Multi-currency eWallets for efficient management of funds in various currencies
- Debit cards for consumer and corporate use with customizable branding options
- API for integrating banking, cards, payments, and compliance capabilities
- Real-time FX rates and FX fixed rate options
- Bulk payment processing to over 130 countries and regions
- WeChat Pay and Alipay integration for European merchants
- Transaction control, monitoring, and investigation tools
- Safeguarding of funds up to €100,000 through a European bank partner
- Customizable accounting reports with comprehensive transaction tags
- Virtual and physical card options