Currencycloud and Future FinTech Labs partner to launch remittance app, Tempo
By Edlyn Cardoza
Currencycloud, 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.”
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