FinClusive is a platform that allows organizations to manage accounts for their clients, beneficiaries and facilitate payments. Their mission is to bring compliance centered banking to 2.5-3.5 billion financially-excluded people and businesses around the world.
FinClusive makes use of Intelligent Payments Routing to increase speed and reduces costs and complexity across multiple payment systems. For this, FinClusive makes use of multiple payments types which includes Stellar blockchain, ACH and SWIFT. Their system routes transfers to standard payments systems whenever required. Digital assets transfers are done using Stellar network anchor.
Intelligent Payments Routing also makes sure that payments and transfers are done while keeping full compliance coverage.
FinClusive focus is on usability to help customers achieve objectives easily and reduce their training requirements.
FinClusive https://www.finclusive.com/ is bringing US-domiciled, FDIC insured bank accounts to businesses and individuals anywhere virtually. With their easy-to-use Web UI and API engagement, it allows organizations to get up and running quickly.
FinClusive compliance and payment task force is working to ensure financial services providers in the digital-asset space can grow their businesses while meeting global regulatory safeguards and promoting safety, security, and access for all.
SDF will be holding a discussion with FinClusive on September 9th on Zoom. Make sure to tune into that.
Join us on September 9 for a discussion with Amit Sharma and Candace Kelly on Driving Inclusion Through Compliance and the ways @FinClusiveCap and #Stellar work together to use compliance as a tool to promote access to the financial system.
Register here: https://t.co/Cmoptaw3oK
— Stellar (@StellarOrg) August 31, 2020
It is great to see more and more companies making use of Stellar network to facilitate monetary transfers around the world in fast and efficient manner. FinClusive is doing this while meeting global regulatory safeguards and promoting safety, security, and access for all.