About Peratera

Peratera is an online banking platform that enables businesses to open virtual accounts and manage funds across 190+ countries using over 50 currencies, facilitating local and international payments through established networks like SEPA and SWIFT. The platform addresses the challenges of cross-border transactions by providing transparent fees and rapid onboarding, allowing businesses to expand globally without traditional banking limitations.

```xml <problem> Businesses face challenges in managing international transactions due to high fees, lack of transparency, and slow processing times associated with traditional banking systems. These limitations hinder global expansion and create complexities in handling multiple currencies and payment methods across different countries. </problem> <solution> Peratera is a borderless banking and payments platform that enables businesses to open virtual accounts and manage funds across 190+ countries, supporting over 50 currencies. The platform streamlines international transactions by providing transparent fees, rapid onboarding, and access to local payment networks. Peratera allows businesses to send, receive, and manage funds through a single platform, facilitating local and international payments via established networks like SEPA, Faster Payments, BACS, CHAPS, ACH, and SWIFT. Additionally, businesses can issue physical and virtual cards for payments in multiple currencies, avoiding conversion fees and simplifying expense management. </solution> <features> - Virtual accounts supporting 50+ currencies for managing international funds - Local payment capabilities via SEPA, Faster Payments, BACS, CHAPS, and ACH networks - SWIFT payment integration with transparent transaction fees and payment tracking API - Physical and virtual cards for payments in 38 markets and 24 currencies - AI-supported anti-fraud system monitoring transactions 24/7 - PCI-DSS level 1 certification ensuring top-tier data security - Integration with 300+ alternative payment methods including Alipay, OXXO, iDeal, Mpesa, and Paytm - Wholesale FX rates for cost-effective currency conversion </features> <target_audience> Peratera primarily targets digital businesses, e-commerce companies, marketplaces, platforms, fintech firms, freelancers, affiliate networks, and import/export businesses that require efficient and cost-effective solutions for managing international payments. </target_audience> ```

What does Peratera do?

Where is Peratera located?

Peratera is based in London, United Kingdom.

When was Peratera founded?

Peratera was founded in 2021.

Location

London, United Kingdom

Founded

2021

Employees

6 employees

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Peratera

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Executive Summary

peratera.com 1K+

Founded 2021 – London, United Kingdom

Funding

No funding information available.

Team (5+)

No team information available.

Company Description

Problem

Businesses face challenges in managing international transactions due to high fees, lack of transparency, and slow processing times associated with traditional banking systems. These limitations hinder global expansion and create complexities in handling multiple currencies and payment methods across different countries.

Solution

Peratera is a borderless banking and payments platform that enables businesses to open virtual accounts and manage funds across 190+ countries, supporting over 50 currencies. The platform streamlines international transactions by providing transparent fees, rapid onboarding, and access to local payment networks. Peratera allows businesses to send, receive, and manage funds through a single platform, facilitating local and international payments via established networks like SEPA, Faster Payments, BACS, CHAPS, ACH, and SWIFT. Additionally, businesses can issue physical and virtual cards for payments in multiple currencies, avoiding conversion fees and simplifying expense management.

Features

Virtual accounts supporting 50+ currencies for managing international funds

Local payment capabilities via SEPA, Faster Payments, BACS, CHAPS, and ACH networks

SWIFT payment integration with transparent transaction fees and payment tracking API

Physical and virtual cards for payments in 38 markets and 24 currencies

AI-supported anti-fraud system monitoring transactions 24/7

PCI-DSS level 1 certification ensuring top-tier data security

Integration with 300+ alternative payment methods including Alipay, OXXO, iDeal, Mpesa, and Paytm

Wholesale FX rates for cost-effective currency conversion

Target Audience

Peratera primarily targets digital businesses, e-commerce companies, marketplaces, platforms, fintech firms, freelancers, affiliate networks, and import/export businesses that require efficient and cost-effective solutions for managing international payments.