Crosspoint provides institutions with a fast, cost-effective platform for multicurrency international payments. The service offers deep liquidity and real-time traceability for global fund transfers. It focuses on delivering instant settlements and market-leading rates with institutional-grade regulatory security.
Funding
$6.2M 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.
NVFounders
Product
Problem
Financial institutions face challenges in efficiently moving assets globally due to slow settlement times, high costs, and regulatory complexities. Traditional systems often lack transparency and can be difficult to navigate, hindering institutions from accessing the best rates and managing risk effectively.
Solution
Ridian provides a platform and API that enables institutions to move assets globally with near-instant settlement and competitive rates. The platform offers access to deep liquidity across various currency pairs and facilitates local settlement through institutional partnerships in multiple regions. Ridian prioritizes security and compliance, partnering with regulated global institutions to ensure compliant asset movement. The platform also provides real-time traceability of assets during the execution process, enhancing transparency and control.
Target Audience
Ridian primarily serves financial institutions, including those in Mexico, seeking to optimize their global asset movement processes.
Features
- Advanced execution platform focused on speed, safety, and compliance
- Access to deep liquidity in a variety of currency pairs
- Institutional partnerships unlocking local settlement in multiple regions
- Real-time traceability of assets during the execution process
- API for integration with existing institutional systems
- Regulatory compliance through partnerships with regulated global institutions