Merge provides a unified API that integrates banking, compliance, and payment processing for digital platforms, enabling local collections and global disbursements in over 60 currencies. The platform simplifies financial operations by offering multi-currency accounts and dedicated sub-accounts, while ensuring compliance with regulatory standards and safeguarding funds in tier-1 bank accounts.
Funding
$7M 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
Digital platforms face complexities in managing global banking, compliance, and payment processing, including navigating diverse regulatory landscapes and integrating disparate financial systems. Handling local collections and global disbursements across multiple currencies requires significant operational overhead and specialized expertise.
Solution
Merge provides a unified API and dashboard that consolidates banking, compliance, and payment processing for digital platforms, streamlining global financial operations. The platform enables local collections and global disbursements in over 60 currencies through a single integration. Merge offers multi-currency business accounts and dedicated sub-accounts to simplify payroll, vendor payments, and day-to-day business operations. By automating payment processes and abstracting away complexity, Merge allows businesses to build new product experiences faster while ensuring compliance with regulatory standards. Funds are securely safeguarded in dedicated, ring-fenced accounts at global tier-1 banks.
Target Audience
The primary target audience includes digital platforms and fintech companies that require a comprehensive solution for managing global banking, compliance, and payment processing.
Features
- Unified API for banking, compliance, and payments
- Local collections and global disbursements in 60+ currencies
- Multi-currency business accounts in EUR, GBP, and USD
- Dedicated sub-accounts for payment reconciliation
- Automated KYC, KYB, KYT, PEP & sanctions screening
- Safeguarded funds in tier-1 banks like the Bank of England and JP Morgan
- APIs and webhooks for payment process automation