FiatMatch provides a single API for businesses to access local payment rails in Africa, Canada, the US, and the UK, as well as key global corridors. Their platform streamlines compliance and simplifies local and cross-border transactions, enabling businesses to rapidly launch and scale payment solutions. FiatMatch supports bank transfers, mobile money, and e-commerce payments in markets where global payment methods are insufficient.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges accessing local payment rails in various regions, particularly in Africa, the US, the UK, and Canada, hindering their ability to efficiently process local and cross-border transactions. Existing global payment methods often prove insufficient in these markets, leading to complexities in compliance and slower scaling of payment solutions.
Solution
FiatMatch offers a unified API that provides businesses with access to local payment infrastructure across Africa, Canada, the US, the UK, and other key global corridors. The platform streamlines compliance procedures and simplifies both local and cross-border transactions, enabling businesses to rapidly deploy and expand their payment solutions. FiatMatch supports a range of payment methods, including bank transfers, mobile money, and e-commerce payments, specifically catering to markets where traditional global payment options fall short. Through its Payment Infrastructure-as-a-Service (IaaS) and Remittance-as-a-Service (RaaS) offerings, FiatMatch allows businesses to customize payment features, manage KYC/AML compliance, and access multi-currency accounts, all within a single, integrated platform. The platform's modular technology and prebuilt interfaces significantly reduce development time and costs, enabling faster time to market and cost-effective scaling.
Target Audience
FiatMatch primarily targets startups, fintechs, SMBs, and enterprises that require efficient and compliant local and cross-border payment solutions in diverse markets.
Features
- Single API access to multiple financial solutions and payment rails in 100+ countries
- Prebuilt interfaces and white-label capabilities for rapid deployment
- Modular technology for tailored solutions and scalable architecture
- Support for bank transfers, mobile money, and e-commerce payments
- KYC/AML compliance tools to mitigate risks and ensure regulatory adherence
- Multi-currency IBANs and payment links for streamlined transactions
- Remittance-as-a-Service (RaaS) for launching and scaling remittance operations
- Global gifting solutions via API or ready-to-go web and mobile interfaces