WireBarley, a mobile and online FinTech cross-border remittance service platform, is planning to expand its services into the U.S. market. Currently providing mobile and online based cross-border remittance services in the Asia-Pacific region, the fintech firm has inked a partnership with leading global payments platform Currencycloud that will reportedly assist WireBarley to launch and expand its services in the U.S. market.
WireBarley has selected Currencycloud cause of its expert knowledge of global payments and access to the U.S. market. By eliminating the friction and inefficiencies of traditional cross-border payments through its flexible APIs (Application Programming Interface), Currencycloud’s technology has been compelling the transformation of the global payment environment. In the year 2012, WireBarley had introduced its services in Australia and has quickly expanded its global footprint to New Zealand, Hong Kong and now in the U.S.
WireBarley CEO John JW Yoo says that “Currencycloud has the reputation and market know-how that we need to succeed in the US. Its cross-border payments technology is simple and reliable, and its flexible APIs, by their nature, can be seamlessly added into our existing platform. It means we can open up a huge new potential market, with as little disruption as possible, while it helps us to improve the service we offer to our customers, by giving them the ability to hold multiple accounts in different locations.” According to him, “Aiming for the leadership in Asia-Pacific and beyond, WireBarley will continue to solidify its presence in global remittance business in company with Currencycloud.”