back Back

Currencycloud and Future FinTech Labs partner to launch remittance app, Tempo

By Edlyn Cardoza

August 17, 2022

  • Conversion Tool
  • Cross Border Payments
  • Currencycloud
Share

Currencycloud, Future FinTech Labs, Tempo, Remittance App, Cross Border Payments, Immigrants, Money Transfers, Multi-currency Wallet, Financial Products, Conversion Tool, FinTech, USACurrencycloud, the platform that provides businesses with the capability to move money across borders, and transact globally in multiple currencies, has teamed up with Future FinTech Labs (FTFT Labs) to launch the remittance app Tempo. Tempo will be offered to US-based immigrants to send money in a streamlined, secure, and cost-effective way. Tempo currently serves money transfers to North America (Canada, Mexico), Europe (Italy, Spain, France, Germany, the United Kingdom), India and the Philippines.

Sean Liu, CEO of FTFT Labs, said, “Tempo represents an easy, fast and secure way to transfer money cross-border. Working with Currencycloud and using the breadth of services it allows us to offer our customers a seamless process from start to finish. We are confident we will be able to continue to make remittance a seamless process for our end users.”

By working with Currencycloud, FTFT Labs can provide its customers with a multi-currency wallet that makes sending money more accessible and cost-effective to the countries Tempo serves. Most importantly for FTFT Labs, the Tempo app is a remittance service that its users can trust, with features that make moving money seamless and in-app customer support at their fingertips. FTFT Lab’s Conversion Tool means users can buy and trade currencies, while FTFT Labs Funds feature allows users to add funds to the digital wallet easily.

By continuously adding new features to the app FTFT Labs aims to bring the most innovative, easy-to-use financial products to the fingertips of an often-overlooked market, i.e., the US immigrants.

Lewis Nurcombe, Vice President of Sales, Currencycloud, commented: “Migrants in the US should be able to send money cross-border without friction and without prohibitive costs. A fintech like Future FinTech Labs understands the needs of working people wanting to send money to family and friends, and as such is successfully reimagining how money flows for this huge market.”

Previous Article

August 17, 2022

TenureX partners with TM Group to deliver Correspondent-BaaS to the Nordics

Read More
Next Article

August 17, 2022

IMMO announced the appointment of Himai Mandali as Chief Technology Officer

Read More






IBSi Daily News Analysis

Data privacy

July 16, 2024

Conversion Tool

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Paysys Labs & Raqami Islamic Digital Bank to fuel digital payments in Pakistan

Read More

Today

Wakanow selects Outpayce B2B Wallet for virtual payments

Read More

Today

MyZoi launches inclusive digital wallet for the underbanked

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024