Settle has partnered with Currencycloud to enable cross-border payments and FX.
Settle Group is a payments business that provides mobile payment service Settle in Europe.
It has partnered with Currencycloud to add foreign exchange and cross-border payments capabilities.
These will be available to its wallet users and business customers in 22 EU markets.
What does this mean?
Settle will be able to expand its current payment network, since it can now enable local payouts in markets where Settle doesn’t currently have bank partnerships.