Challenger bank 3S Money announced that it is expanding its portfolio of banking partners to include Raiffeisen Bank International A.G.. The new partnership enables 3S Money „to expand our reach into global markets, offering a wider variety of currencies to facilitate collections and payments on behalf of our clients,” according to the press release.
„Raiffeisen Bank will be our main facilitator of Russian Ruble transactions, and central European currencies, whilst also facilitating our euro transaction flow”, the fintech said.
“Raiffeisen Bank is the seventh banking partner that we are fully integrated with, building on our strategy in providing a personalised experience for our clients to make and receive payments globally. As more businesses enter overseas markets, it is imperative that their multi-currency payments flow seamlessly. That is why our infostructure in facilitating payments globally makes us one of the biggest aggregators in this part of the world,” Ivan Zhiznevskiy, CEO of 3S Money commented.
______________
3S Money is a bank challenger that connects corporates to their customers globally by providing them with local business accounts to send and receive funds through all major payment rails. The digital accounts are designed for high value import and export transactions, dividend distributions, finance and treasury operations with 3S Money handling all aspects of cross-border payments and FX risk management.
3S Money has a ‘No Chatbot’ policy and offers 24/7 personal client support and representation in London, Dubai, Amsterdam, Luxembourg and Riga that means customers get „unrivalled levels of service and attention” whilst supporting them to manage currency risk and strategically handle their international payment requirements. The company can handle transactions in over 30 currencies delivering levels of personal service normally often provided by large merchants banks to global corporations.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: