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IFX Payments has achieved a significant milestone by successfully obtaining its Canadian Foreign Money Services Business (FMSB) licence.
This achievement underscores IFX Payments’ commitment to expanding its global operations.
Renowned for its streamlined integration, enhanced efficiency, and unmatched convenience, IFX Payments’ ‘ibanq’ virtual IBAN solution has garnered widespread recognition. With the Canadian FMSB licence in hand, IFX Payments is now well-positioned to extend the advantages of ‘ibanq’ to Canadian businesses. This move aims to simplify their cross-border transactions, offering a versatile tool to streamline their financial processes.
Will Marwick, CEO of IFX Payments, expresses, “This licence showcases our dedication to broadening the geographic scope of our services and products, while providing businesses with transparent and seamless digital cash management.”
By introducing its advanced virtual IBAN platform and top-notch cross-border payment and FX solutions to the Canadian market, IFX Payments is marking a significant stride in its journey. This expansion highlights the company’s commitment to its ambitious targets for the upcoming year.
This strategic initiative underscores IFX Payments’ unwavering commitment to delivering pioneering solutions that empower businesses to navigate the intricacies of international finance. Extending ‘ibanq’ to the Canadian market reinforces IFX Payments’ position as an industry trailblazer, reshaping payment experiences on a global scale.
With a presence in London, Warsaw, and Dubai, IFX Payments is a global fintech innovator striving to create an accessible, seamless, and comprehensive digital payments experience. The company’s mission is to simplify complex treasury processes, enabling businesses to unlock their true potential by focusing on their core priorities. Serving various corporate entities with intricate cross-border payment and reconciliation needs, IFX Payments employs over 150 professionals worldwide.
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