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Layer2 Financial partners with Evita to enhance B2B cross-border payments

By Delisha Fernandes

December 21, 2023

  • B2B Payments
  • BaaS
  • Cross Border Payments

Layer2 Financial, Evita, Cross-Border Payments, B2B payments, BaaS, financial institutions, cross-border transactions, Fintech news, Fintech USALayer2 Financial, a BaaS and payments infrastructure technology, has partnered with Evita, a B2B cross-border payments solution.

This collaboration marks a significant milestone in the financial technology landscape, leveraging the strengths of both entities to streamline and optimize cross-border payment processes.

“Evita’s decision to partner with Layer2 was driven by their exceptional speed, agility, and ability to navigate complex compliance layers”. Said George Goognin, Founder of Evita. “The partnership enables us to manage compliance efficiently, and paves the way for ramping up USD operations.”

Goognin added, “In an environment where many banks now shy away from crypto, George is a vocal advocate for its transparency, trackability, and safety in the financial system. He believes that the collaboration between these two companies will help rebuild trust as digital and fiat currencies are poised to reshape the landscape of large, cross-border transactions.”

Evita distinguishes itself by focusing on large transactions, particularly in markets where traditional financial institutions fall short. Notably, the company excels in facilitating transactions related to high-value items such as luxury cars and Italian furniture, offering an alternative to major banks like Bank of America and Chase. By utilizing their own liquidity and direct local payment rails, Evita ensures faster and more cost-effective payments for their clients.

Evita will leverage Layer2 to open FBO (For Benefit Of) accounts for its clients, enhancing Evita’s ability to operate seamlessly with US Dollars and enables customers to have individual US/Native accounts, simplifying wire instructions and reducing the likelihood of errors.

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