Verto, an international B2B payments platform, has introduced the Atlas Suite, a suite of API-first integrated financial solutions designed for seamless cross-border transactions.
Financial institutions, online marketplaces, ecommerce platforms, and white label brokers can now gain access to foreign exchange liquidity, virtual business accounts, and international payment services through a single multi-currency API interface.
Simplified API-First Financial Services
Traditionally, Africa has faced obstacles such as disjointed financial systems, limited bank access, fluctuating currency values, and high transaction fees. The Atlas Suite seeks to address these issues by providing immediate access to virtual accounts for international trade, foreign exchange liquidity, and compliant infrastructure in more than 49 currencies.
For fintechs, the Atlas for Fintechs package allows financial institutions to incorporate Verto’s banking, forex, and payment infrastructures directly into their platforms. This avoids costly internal solutions or multiple licensing requirements. Banks can now establish local virtual accounts in over 12 markets, conduct 24/7 foreign exchange across 49 currencies, and facilitate international B2B payments from Africa to more than 100 countries.
Meanwhile, the Atlas for Platforms offering is tailored for non-financial entities like e-commerce providers and marketplaces. By integrating their digital platforms with embedded payment solutions, businesses can offer customers easier cross-border experiences without needing in-house development or licenses. White label brokers also gain from this solution as it provides a cost-effective way to deliver services under their own branding. They can integrate white label payment solutions, markup foreign exchange at preferred rates, and create new revenue streams without assuming compliance or operational risks.
Companies utilizing the Atlas Suite can open local collection accounts across Africa, manage multiple sub-accounts with foreign exchange and treasury management tools, and handle transactions in various currencies. The platform also supports mobile payouts in Africa, enabling remittance providers and payroll companies to make large-scale payments instantly via bank transfers or mobile money.
