Partna is a global payment platform that enables B2B companies to collect and disburse payments in local currencies through a single API integration. The platform allows businesses to hold USD and convert it to local currencies on demand, streamlining cross-border transactions and enhancing cash flow management.
Funding
$1.1M 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.
RRTCVCFounders
Product
Problem
Many B2B companies face complexities and inefficiencies when making and receiving cross-border payments, including high transaction fees, unfavorable exchange rates, and the need to manage multiple accounts in different currencies. These challenges can hinder cash flow management and increase operational overhead.
Solution
Partna offers a global payment platform designed to streamline B2B cross-border transactions. Through a single API integration, businesses can collect and disburse payments in local currencies, eliminating the need for multiple integrations and banking relationships. The platform enables companies to hold USD and convert it to local currencies on demand, providing greater control over exchange rates and reducing transaction costs. This simplifies international payments, enhances cash flow management, and reduces operational complexities for businesses operating globally.
Target Audience
Partna targets global B2B companies that need to make and receive cross-border payments in multiple currencies.
Features
- Payments API for collecting and disbursing local currencies globally.
- On-demand currency conversion between USD and various local currencies.
- Single API integration for streamlined payment processing.
- Ability to hold USD within the platform.