SaaScada and ARIE Finance Join Forces to Revolutionize Cross-Border Payments

SaaScada and ARIE Finance Join Forces to Revolutionize Cross-Border Payments

SaaScada is proud to announce its partnership with ARIE Finance, a significant player in the realm of international payments for mid-sized B2B businesses. This collaboration aims to enhance the efficiency of cross-border transactions, particularly in Africa, positioning ARIE Finance as a pioneer in obtaining a Payment Service Provider (PSP) license in Mauritius.

Transforming International Payments

Through its innovative cloud-native core banking solutions, SaaScada will empower ARIE Finance to simplify the complexities of international payments. The company’s banking platform is engineered to deliver:

  • Fast and secure transactions
  • Personalized financial services
  • Multi-currency accounts and payments
  • A global network of FinTech partners

Streamlined Onboarding Process

ARIE Finance is committed to enhancing the onboarding experience for its clients. By tailoring its approach to meet the unique needs of each applicant, the company aims to enable account setup within days while upholding rigorous fraud prevention and financial crime controls.

Insights from Industry Leaders

Stephen Margolis, founder and executive vice-chairman of ARIE Finance, commented on the burgeoning financial landscape in Mauritius: “With a thriving investment scene and high regulatory standards, Mauritius is emerging as the ‘Singapore of the West’. However, many international businesses face challenges in setting up accounts due to outdated systems and inflexible onboarding processes. This situation stifles innovation and excludes many promising businesses based on size, location, or industry.”

Margolis emphasized that ARIE Finance is focused on revolutionizing the industry, stating, “By merging the rapid online setup features of a digital-first neobank with a dedicated team to personally review applications, we will transition from merely ‘Knowing Your Customer’ to truly ‘Understanding Your Customer’.”

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Leveraging Real-Time Data

SaaScada’s robust real-time data capabilities will offer ARIE Finance immediate insights into customer behavior, enabling the rapid development and iteration of new banking products. Nelson Wootton, co-founder and CEO of SaaScada, expressed enthusiasm for the collaboration, stating:

“SaaScada is dedicated to making premium banking solutions accessible to all. We are thrilled to partner with ARIE Finance to assist underserved B2B businesses in expanding into emerging markets. Our goal is to foster growth through collaboration, and we look forward to working closely with Stephen Margolis and his team in the upcoming months to deliver more banking services to mid-sized businesses in Africa and beyond.”

For more insights on cloud banking and fintech innovations, visit SaaScada’s solutions page or explore ARIE Finance’s official website.

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