Juni enables Cross-border Payments to the US and China for European ecommerce businesses

Juni enables Cross-border Payments to the US and China for European ecommerce businesses
Juni Corporate Card business banking FinTech

Good morning FinTech Fanatic!

When I woke up at the west coast of the US yesterday, the first FinTech news update I read was from Europe. Juni, the financial platform built for digital commerce, has enabled its cross-border payments capabilities, facilitating transactions to the US and mainland China for its customers across Europe.

I found this interesting because businesses operate in an increasingly globalised world and data shows that the global B2B cross-border payments market is expected to total $56.1tn by 2030. To enable its customers to transact with overseas vendors and partners, Juni is extending its Send Money product which will now allow EEA-based companies to make Cross-Border Payments to mainland China and the US.

The launch is another step to realise Juni’s vision of becoming a banking alternative for digital commerce businesses, and strengthening its core banking feature offering.

“Legacy banks often struggle to offer competitive international transfers with a smooth customer experience and it’s something we know is incredibly important to our customers,” says Samir El-Sabini, CEO & Co-founder of Juni. 

“Our new cross-border payments feature ensures ecommerce businesses can pay vendors, suppliers and do intercompany transfers easily. This is one of many steps we’re taking to become a banking alternative for our customers.”

As a FinTech investor and trend watcher, I've observed a number of compelling reasons to be bullish about this sector, that I will share with you in a series of articles soon. I think Business banking in the digital commerce industry is at an exciting crossroads. For those of us in the FinTech space, it's not just an opportunity—it's a revolution in the making.

What do you think?

Let me know, and enjoy more FinTech industry updates I listed for you below👇




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Klarna partners with Rokt. This collaboration provides brands with the ability to target consumer segments by demographic and location, aiming to ensure that the ads displayed are relevant to the shopper. 


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🇺🇸Apple now allows its wallet users to schedule regular payments directly on the phone. The service has been expected for some time now and represents another step in its financial services goal of providing convenience for its users. Read on

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🇺🇸Fintech startup Statement raises $12 million for multi-banking, global liquidity management platform. Statement provides companies with real-time visibility into financial data and automates manual tasks including reconciliation and balance reporting, and forecasts their cash flow across the most comprehensive set of financial data.

🇺🇸Darwinium raises $18 million to accelerate global adoption of its edge-based digital security and fraud prevention platform, which integrates digital security and fraud prevention, offering a unified view of customer journeys across web, mobile apps, and APIs, along with fraud analytics and journey orchestration tooling."


🇺🇸Stax Payments acquires Atlantic-Pacific Processing Systems (APPS). Through the acquisition, members of the APPS leadership team will join Stax to usher in a new era of all-in-one payment processing. Link here


🇬🇧Bud makes two senior hires to continue ramping up commercial growth and product innovation. Rachel Fairhurst joins the company as VP of Credit Risk & Client Success, and Jakub Piotrowski as VP of Product. Read more

🇺🇸US fintech Plaid hires former Expedia exec Eric Hart as first chief financial officer on road to potential IPO. Click here to access the full article.

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