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Lithuania's Evarvest taps CurrencyCloud for cross-border payments

Source: Currencycloud

International payments platform Currencycloud has today announced a new partnership with Lithuania-based start-up Evarvest.

Evarvest, the modern way to invest in the brands you love, will be using the full suite of Currencycloud’s platform to empower cross-border payments for the next generation of investors to access the largest stock markets in the world.

Evarvest is removing the barriers to entry to over 30 stock markets across the world, providing a simple, easy-to-use, transparent and low-cost way to invest in stocks, bonds and ETFs like a local.

The new partnership will provide Evarvest with the ability to scale from its initial launch in five countries including the UK, Poland, Spain, Portugal and Lithuania, and future global expansion, providing a seamless experience for their users.

Mike Laven, CEO at Currencycloud, comments: “Evarvest is an exciting new service, providing an easy to use, transparent and low-cost way to invest in stocks around the world. We’re proud to be working with Evarvest as they help the next generation access the largest stock markets in the world, and look forward to supporting their expansion.”

Stephanie Brennan, CEO at Evarvest, comments: “Currencycloud have been fundamental in supporting us to reduce our costs and providing a cross-border payment and FX solution, so we can make investing accessible to the next generation of investors. Their API functionality allows us to fully integrate with our platform in a seamless manner, so we can support trading in international markets where the buy/sell process of stocks must be in that local markets’ currency. We look forward to working with Currencycloud, growing our partnership and together, shaping the future of cross border investing.”

Evarvest has recently launched a €75,000 funding round on a leading European investment platform Seedrs and will launch to consumers in the second half of this year.

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