Sunrate provides a cloud‑native platform that consolidates cross‑border payments, multi‑currency collections, commercial card issuance, and treasury workflows into a single API‑driven interface. The service supports payments to over 190 countries in more than 130 currencies, offers near‑mid‑market FX pricing with automated hedging, and delivers real‑time cash‑flow visibility and compliance reporting for mid‑size to large enterprises.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses that operate across borders must navigate fragmented banking relationships, high transaction fees, and limited visibility into foreign‑exchange risk, making it difficult to pay suppliers, collect revenues, and manage treasury functions efficiently. Traditional legacy systems often require separate contracts and manual processes for payments, collections, and FX hedging, leading to operational overhead and delayed cash flow.
Solution
SUNRATE delivers a unified, cloud‑native platform that centralizes international payments, multi‑currency collections, commercial card issuance, and treasury operations under a single API‑driven interface. Companies can initiate payments to over 190 countries in more than 130 currencies with transparent, pre‑negotiated fees, while the platform automatically routes transactions through SUNRATE’s global interbank clearing network to minimize costs. The integrated global‑collection service enables businesses to receive funds locally in 30+ currencies, reducing conversion losses and settlement delays. Competitive transactional‑FX pricing and automated hedging tools help firms lock in rates and mitigate currency volatility. TreasuryOS provides digitized accounts‑payable/receivable workflows, real‑time balance visibility, and compliance reporting. All services are accessible via RESTful APIs and SDKs, allowing rapid embedding into ERP, e‑commerce, or travel‑payment platforms. The solution is licensed and regulated across multiple jurisdictions, ensuring fund safety and adherence to AML/KYC standards.
Target Audience
The platform targets mid‑size to large enterprises engaged in cross‑border B2B trade, e‑commerce marketplaces, travel‑payment providers, and fintech platforms that require scalable, programmable treasury and payment capabilities.
Features
- Multi‑currency business account supporting 130+ currencies and payments to 190+ destinations via a single dashboard or API
- Integrated commercial card program with customizable spend controls and real‑time transaction monitoring
- Global collection suite that provides local bank details in 30+ markets for seamless inbound payments and automatic currency conversion
- Transactional FX engine delivering near‑mid‑market rates, batch conversion, and automated forward‑contract hedging
- Trading and hedging module with real‑time market data, limit orders, and risk‑limit enforcement
- TreasuryOS platform for end‑to‑end AP/AR automation, cash‑flow forecasting, and multi‑entity ledger consolidation
- Open API with SDKs for Java, Python, and Node.js, supporting payment initiation, account management, and reporting
- Built‑in regulatory compliance, AML screening, and ISO‑27001‑aligned security controls