Help your business unlock international trade. Have an invoice raised in GBP and take payment in USD without lifting a finger.

Be bold with your cross border transactions

Currencycloud Spark integrates international and local clearing into your payments and FX platform, enabling you to build the international banking experience your customers deserve. Unlike other banking service providers, Spark works in the background while you own the customer relationship and user experience. Turn international receivables and payments into a revenue opportunity; not a cost centre.

Spark features at a glance

A trusted enterprise platform that will get you to market quickly via our cloud-native, API-driven technology.

Named customer accounts

Unique multi-currency accounts in your customer’s name. Receive, convert and payout funds — from anyone, to anyone.

Flexible receivables and payments

Receive and send funds in 32+ currencies via SWIFT and send funds in up to 18 currencies local currencies.

Reduce costs through automation

All funds are automatically screened and reconciled removing manual processes, saving time and money.

Control the experience

You own the relationship, experience and pricing. Our technology works seamlessly in the background.

Benefits of using Spark

Easily create multi-currency accounts around the world giving your customers total flexibility in how they manage their international payment flows with their customers.

Go global, grow fast

Your customers’ global trading is skyrocketing. Everyone is now expecting the same level of service when it comes to both domestic and international transactions. Unlock cross border payments for your customers, enabling them to receive, convert and payout funds in over 35+ currencies. All transactions take place using unique account details,ensuring fast and secure growth for your business.

Delight your customers

Your customers are used to a great experience when it comes to domestic transactions, so why not international? With Spark, your customers can receive and payout funds in different currencies using unique account details in their own name. Payment fees and rates are clear and transparent so your customers always know what to expect.

Easy, secure integration

One integration for clearing, FX, and payments. It’s easy to add Currencycloud Spark into your current platform or systems via our APIs or Currencycloud Direct. All funds are automatically screened and reconciled — no more manual processes that take days, helping to remove cost and errors.

How it works

Let’s take a look at a typical use case. Your client is based in the US, selling goods and services to customers in the UK.

1. Raise an invoice

Your client wants to invoice their customer in Dollars (USD), but their customer wants to pay in Pounds (GBP).

2. Get a named account

You provide your client with a unique, named GBP account via Currencycloud.

3. Send account details

Your client passes these account details to their customer, who pays GBP into your clients unique GBP account.

4. Receive a payment

Within hours, the payment is received, converted into USD and your client receives a payment from Currencycloud in Dollars.

5. Easy reconciliation

The balance reconciles with the invoice and it’s a win-win for everyone!

Proven results

Currencycloud Spark allows Fintechs and Financial Institutions to easily create accounts for their customers to receive, pay-out, and move multiple currencies at their convenience. With a unique international bank account number (IBAN) issuable in 33 currencies, your customers get one multi-currency wallet in their own name.