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What is CurrencyFair?

We are excited to present a groundbreaking method for engaging in foreign exchange and conducting global transactions, all while delivering outstanding customer support. Opening your account is a straightforward and rapid process that can be completed in just a few minutes, allowing us to verify your business and fulfill compliance requirements efficiently. After your documents have been successfully authenticated, our committed team will notify you, paving the way for your account to be fully operational. This innovative platform features two distinct trading options: you can either exchange currencies instantly at rates that exceed those offered by conventional banks, or you can choose to set your preferred rate and wait for it to be matched in our unique peer-to-peer marketplace, offering the possibility of achieving a more favorable rate than what is commonly displayed on Google. Additionally, our user-friendly platform simplifies the process of making international payments to employees, vendors, and contractors in up to 22 different currencies. You can also accept payments from over 150 countries while avoiding hefty international banking fees. Gain complete control over your financial transactions by establishing custom roles, assigning specific permissions, and incorporating dual approval processes for enhanced security and oversight. This degree of adaptability guarantees that your payment processes are tailored precisely to your business requirements, allowing for a seamless experience. With our comprehensive tools, you can navigate the complexities of global finance with confidence.

What is Aspora?

Aspora is a holistic finance application designed specifically for Indians living abroad, with the goal of simplifying the management of international finances in a secure, efficient, and intuitive manner. It enables seamless international money transfers to India, leveraging real-time exchange rates sourced from Google to provide users with a clear understanding of the funds the recipient will receive before they complete the transaction. To guarantee transaction security, Aspora incorporates strong 256-bit encryption, cutting-edge fraud detection systems, and secures funds in regulated financial institutions, all while offering 24/7 customer support accessible directly through the app. Furthermore, Aspora provides NRI banking functionalities, allowing eligible users to digitally open NRE and NRO accounts by simply uploading the required documents within the app, thereby improving the experience of sending money to India and overseeing overseas savings. The banking system is designed for quick digital onboarding, allowing users to access a new NRI savings account without the hassle of traditional in-branch processes, which often tend to be tedious and lengthy. This forward-thinking strategy not only streamlines financial management but also cultivates a sense of community among Indians abroad as they handle their financial obligations. Aspora truly embodies a modern solution for effective cross-border financial management tailored to the unique needs of the Indian diaspora.

Media

Media

Integrations Supported

Google Cloud Platform
Xero

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

$3.45
per international transfer

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

CurrencyFair

Date Founded

2009

Company Location

Ireland

Company Website

www.currencyfair.com/business/

Company Facts

Organization Name

Aspora

Company Location

United Arab Emirates

Company Website

www.aspora.com

Categories and Features

Money Transfer

Not specified

Categories and Features

Money Transfer

Not specified

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