CHICAGO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- GTreasury, a treasury, payments, and risk management software provider, and Convera, the largest non-bank global B2B payments provider, today announced a partnership to offer an integrated payments service on GTreasury’s treasury management system (TMS) software.
A market leader in streamlining B2B cross-border payments, Convera is trusted by a global customer base of over 30,000 to move money across more than 200 countries and territories and in more than 140 currencies. Convera leverages decades of industry experience and vertical-specific, specialized solutions to meet the needs of customers of various sizes, industry verticals, and geographies.
The partnership will enable GTreasury’s network of over 800 large corporate and enterprise clients to integrate with Convera’s payments platform to access global banking networks and help make global business payments efficient, transparent, cost-effective, and secure in growing their business globally with confidence. GTreasury facilitates transactions totaling $12.5T+ from 48M payments, annually, in 160 countries. Focusing initially on APAC, GTreasury clients throughout Australia, New Zealand, Singapore, and Hong Kong will be able to fund payments from any Convera or third-party bank account.
“This partnership reflects our deep belief in bringing best-of-class solutions to our customers,” said Patrick Gauthier, CEO at Convera. “Working with GTreasury, we will immediately expand cross-border solutions in the APAC region. We look forward to working together to service the wider GTreasury client base globally.”
“GTreasury continues to advance key partnerships and technology integrations that enable treasury teams to work more efficiently and effectively within their organizations,” said German Karaivanov, Vice President, Product Management at GTreasury. “The speed and ease of global payments processes are business-critical for enterprises, and combining Convera and GTreasury technology is a major win for our joint customers. We are excited to work together, and look forward to seeing treasury teams utilizing the combined solution.”
About GTreasury
GTreasury believes there is opportunity in complexity. We connect treasury and finance teams with industry-leading experts, technology solutions and untapped possibility. By simplifying complexity, teams can unleash their organization’s potential to gain strategic advantages and grow. GTreasury helps organizations reach that potential by connecting treasury and digital finance operations through a world-class SaaS treasury and risk management platform and integrated ecosystem where cash, debt, investments, and exposures are seamlessly managed within the office of the CFO. GTreasury delivers intelligent insights, while connecting financial value chains and extending workflows to third-party systems, exchanges, portals, and services. Headquartered in Chicago, with locations serving EMEA (London) and APAC (Sydney and Manila), GTreasury’s global community includes more than 800 customers and 30+ industries reaching 160+ countries worldwide. To learn more, visit GTreasury.com.
About Convera
Convera is a global B2B payments company, providing payments services and foreign exchange products to companies of all sizes. With expertise in managing foreign exchange and moving funds around the globe, Convera offers access to over 140 currencies and a financial network spanning more than 200 countries and territories. Providing technology-led payment solutions to 30K+ customers – from small business owners to enterprise treasurers across a range of industries. Convera’s purpose is to make moving money so easy that any company in the world can grow with confidence.
For more information, visit: www.convera.com
Media Contacts:
GTreasury
Clement | Peterson
kyle@clementpeterson
Convera
Sarah Meade (150Bond)
sarah@150bond.com
