About Nilos

Nilos is a global B2B payment platform that provides a multi-currency account and API for seamless cross-border transactions, enabling same-day settlement and real-time foreign exchange conversions. The platform addresses the challenges of high FX costs and complex payment processes in emerging markets by connecting merchants to local payment rails and optimizing liquidity through a network of partners.

```xml <problem> Businesses operating in emerging markets face challenges with high foreign exchange (FX) costs and complex payment processes, hindering efficient cross-border transactions. Traditional methods often involve multiple intermediaries, leading to delays and increased expenses. </problem> <solution> Nilos provides a B2B payment platform that streamlines cross-border transactions through a multi-currency account and API. The platform connects merchants to local payment rails, enabling same-day settlement and optimized FX conversions via a network of liquidity partners. By centralizing financial operations, Nilos offers real-time transfer quotes and full visibility into payment statuses, reducing FX fees and improving treasury control. The platform supports collections via bank transfers and e-wallets, FX conversions across various currency pairs, and payouts to suppliers and merchants using local rails. </solution> <features> - Multi-currency accounts to receive payments via bank transfers and e-wallets without overseas bank accounts. - Real-time FX conversion quotes across different currency pairs, optimizing liquidity discovery and trade settlements. - API and platform to centralize operations, offering real-time transfer quotes and payment status visibility. - Integration with banking and mobile-money rails for payouts to suppliers and merchants. - Digital asset accounts supporting stablecoins for collections, payments, and exchange. - Automated money movement to streamline financial workflows. - Team management and custom payment approval flows. </features> <target_audience> Nilos targets international traders, global businesses, and fintech companies that require efficient and cost-effective cross-border payment solutions in emerging markets. </target_audience> <revenue_model> Nilos generates revenue through fees on FX conversions, transaction fees on cross-border payments, and subscription fees for API access and platform usage. </revenue_model> ```

What does Nilos do?

Where is Nilos located?

Nilos is based in Tel Aviv, Israel.

When was Nilos founded?

Nilos was founded in 2022.

How much funding has Nilos raised?

Nilos has raised 5200000.

Location

Tel Aviv, Israel

Founded

2022

Funding

5200000

Employees

25 employees

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Nilos

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

nilos.io 3K+

Founded 2022 – Tel Aviv, Israel

Funding

Estimated Funding

$5M+

Team (25+)

No team information available.

Company Description

Problem

Businesses operating in emerging markets face challenges with high foreign exchange (FX) costs and complex payment processes, hindering efficient cross-border transactions. Traditional methods often involve multiple intermediaries, leading to delays and increased expenses.

Solution

Nilos provides a B2B payment platform that streamlines cross-border transactions through a multi-currency account and API. The platform connects merchants to local payment rails, enabling same-day settlement and optimized FX conversions via a network of liquidity partners. By centralizing financial operations, Nilos offers real-time transfer quotes and full visibility into payment statuses, reducing FX fees and improving treasury control. The platform supports collections via bank transfers and e-wallets, FX conversions across various currency pairs, and payouts to suppliers and merchants using local rails.

Features

Multi-currency accounts to receive payments via bank transfers and e-wallets without overseas bank accounts.

Real-time FX conversion quotes across different currency pairs, optimizing liquidity discovery and trade settlements.

API and platform to centralize operations, offering real-time transfer quotes and payment status visibility.

Integration with banking and mobile-money rails for payouts to suppliers and merchants.

Digital asset accounts supporting stablecoins for collections, payments, and exchange.

Automated money movement to streamline financial workflows.

Team management and custom payment approval flows.

Target Audience

Nilos targets international traders, global businesses, and fintech companies that require efficient and cost-effective cross-border payment solutions in emerging markets.

Revenue Model

Nilos generates revenue through fees on FX conversions, transaction fees on cross-border payments, and subscription fees for API access and platform usage.