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What is Marengo?

Marengo offers a flexible cryptocurrency exchange platform designed specifically for brokers, banks, fintech firms, licensed exchanges, and various crypto-related businesses. The Lite version of the platform enables users to buy, sell, and convert digital currencies, while the Pro version adds advanced features such as candlestick charts, multiple indicators, an order book, and the ability to place limit, market, and stop orders across more than 24 markets. At its core, the exchange is supported by an advanced matching engine and a double-entry ledger system that guarantees secure customer wallets, streamlined withdrawal processes, and a robust administrative back office. Marengo also incorporates crucial compliance measures, including identity verification, sanctions screening, workflows for the Travel Rule, transaction monitoring, market abuse detection, and reporting capabilities for DAC8 and CARF. The platform is accessible via web and native applications on iOS and Android, offering support for six languages, including Arabic, as well as features like broker mode and integration via FIX 4.4, REST, and WebSocket APIs, all enhanced by proof-of-liabilities reporting. Operators can choose between Paynoramic's managed services or licensing the source code for deployment on their own systems. Moreover, prospective users can try out a public demo version of the platform, which promises a delivery period of around 30 days without imposing any revenue-sharing obligations, thus presenting an appealing solution for enterprises looking for a dependable cryptocurrency exchange. This combination of features and flexibility positions Marengo as a highly competitive option in the evolving crypto market landscape.

What is FYNXT?

Founded in 2015, FYNXT is a fintech company that delivers a modular, low-code platform tailored for multi-asset brokers, alongside integrated services for banks, brokers, and other fintech organizations. Recognized as an ISMS-certified entity, FYNXT is officially accredited by the Monetary Authority of Singapore as a FINTECH organization. Their low-code platform is specifically designed to give multi-asset brokers an efficient digital back office, featuring intuitive drag-and-drop functionalities that allow users to easily add or remove modules and configurations to meet both business and regulatory demands. This versatile platform caters to a diverse array of financial instruments, including FX, CFDs, cryptocurrencies, futures and options, equities, and mutual funds, while also addressing a multitude of regulatory requirements. What truly sets FYNXT apart is its unwavering commitment to enhancing user experience, equipping clients with tools that streamline operations across client engagement, partnerships, internal processes, sales, and marketing. Overall, FYNXT's innovative approach not only simplifies complex financial operations but also empowers brokers to adapt swiftly to the ever-evolving financial landscape.

Media

Media

Integrations Supported

Binance
Amazon Cognito
Amazon SES
Chainalysis
Cobo Custody
ComplyAdvantage
Copper
Cumberland
Elliptic
Fireblocks
Hawk
Infura
Model Context Protocol (MCP)
Notabene
OKX
Quicknode
Sumsub
TRM Labs

Integrations Supported

Binance
MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Pricing Information

€4,000/month
The limited founding package costs €4,000 per month for the first three clients, plus a €15,000 one-time setup fee; it has a 12-month term and price lock. Standard Launch costs €8,500 per month plus €30,000 setup, with a 12-month minimum and three months prepaid. Enterprise starts at €15,000 per month plus €90,000 setup on a 24-month term. A perpetual source-code license for one legal entity costs €180,000 once; optional updates and support cost €3,000 per month. No revenue share.

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS
Windows
Mac
Linux

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Online Training
On-Site Training

Company Facts

Organization Name

Paynoramic

Date Founded

2018

Company Location

United Arab Emirates

Company Website

paynoramic.com/solutions/crypto-exchange

Company Facts

Organization Name

FYNXT

Date Founded

2015

Company Location

Singapore

Company Website

www.fynxt.com

Categories and Features

Categories and Features

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