WASHINGTON, DC – February 4, 2025 – Payall is excited to announce a new referral partnership with Monex USA, a leading provider of international payments, corporate FX, and currency risk hedging services. This collaboration through a combination of technological solutions and the use of Payall and Monex robust platforms will facilitate financial institutions to ease the processing of payments and FX transactions for the benefit of their end customers.
“Financial institution customers expect fast, reliable, transparent, and fairly priced cross-border payments and transfers,” noted Gary Palmer, President & CEO of Payall. “We help financial institutions meet these expectations with Monex and our white-label UX/UI, TreasuryPay™ back-office app, easy core integration, as well as specialty digital risk management and compliance capabilities. Together, Payall and Monex overcome risk and compliance as well as cost, technology, global currency availability, and forex barriers to make it easy for financial institutions to offer best-in-class global P2P and B2X product experiences for a wide range of use cases.”
"This partnership highlights Monex’s dedication to empowering financial institutions with the tools they need to succeed. We're delivering a powerful competitive advantage by combining Monex’s industry-leading foreign exchange and cross-border payment solutions with Payall’s innovative, client-focused platform. Together, we’re enabling financial institutions to meet their customers’ needs with greater speed, transparency, and efficiency—key drivers for growth in today’s rapidly evolving payments landscape," said Mike Valadakis, VP of Partnerships at Monex USA.
Contacts:
Audra Evans | aevans@monexusa.com
John Zdanowicz | john.zdanowicz@payallps.com
About Payall Payment Systems | Payall has pioneered the first-ever infrastructure for the cross-border ecosystem that serves originating institutions, correspondent banks and alternative constructs, central banks, regulators, domestic payment networks, and forex traders. New, purpose-built software digitizes and elevates end-to-end compliance, counterparty risk management and powers specialty payment orchestration. Payall enables what no core bank system, no digital bank platform, no payment, regtech, or other software has ever delivered – safe, fast, low-cost to the ecosystem, transparent and inclusive cross-border payments through financial institutions.
About Monex USA | MonexUSA.com | Monex USA has provided corporate clients with industry-leading foreign exchange and international payment solutions for over 23 years. Monex USA is part of the wider financial services group controlled by Monex S.A.P.I. de C.V. (formerly Monex S.A.B. de C.V.) (“Monex”), a global investment-grade financial services institution. Founded in 1985, the Monex group is a global financial services organization that services more than 66,000 clients worldwide. In 2022, Monex managed US$ 303 billion in deliverable FX trades and US$11.1 billion worth of assets. Through its subsidiaries, the group offers financial services in key financial centers worldwide throughout North America, Latin America, Europe, and Asia and employs over 2,900 people globally. As part of the Monex Group, Monex USA is headquartered in Washington, DC, with offices in New York City, Beverly Hills, Chicago, and Miami.
