Cross-border payments are often associated with the opaqueness of fees, the paperwork, and sharp currency shifts. Convera is changing that with 40+ years of the foreign exchange market combined with a modern, cloud native network. It handles transactions of more than US$170 billion a year across 200+ countries and territories.
Businesses can send and receive individual or batch transfers in 140+ currencies and cash out funds in more than 100 currencies through wire, check, card, or other methods without the need for foreign bank accounts. A multi-currency holding balance allows firms to hold 60+ currencies for up to 180 days, keeping cash at the center while operations are local. Same-day settlement runs through a maze of 500+ bank accounts and 50+ local partners. Every transaction is visible via real-time tracking that leverages the combination of SWIFT GPI with ISO 20022 for full audit-ready analysis.
Risk control sits beside execution. Forward contracts secure exchange rates up to 2 years in advance, vanilla or structured options combine downside protection with upside potential, FX swaps match inflows and outflows, and market orders automatically take advantage of target levels. Determined currency specialists provide risk reports that effectively upend volatility and reserve budgets regardless of market jumps.
Convera provides small companies with enterprise-level accuracy without the friction. A user-friendly environment on its platform gives fast quotes, live rates, true rate locking, tracking, and dashboards with no sign-up fees or monthly charges. As these businesses expand, the platform scales up from spot deals to automated currency programs, with 19 local offices providing owners with access to regional advisers.
The company offers a calm center to large enterprises. It pulls payables, reconciliation, and liquidity management closer together into one secure environment. Imagine a dashboard that is so simple to manage, where you can assign permissions and approvals flow automatically, and built-in controls catch mistakes before funds even leave the building. Local clearing in over 60 markets helps accelerate each transfer, and automatic data validation with accuracy. Open APIs integrate directly with the ERP, treasury, and accounting systems, allowing teams to continue working inside their standard tools rather than manually keying in numbers.
Convera’s reach is beyond corporate back offices. More than 900 colleges and universities, including 8 of the top 10 in the world, use the platform for tuition, refunds, grants, and payments for research. Students view the amount in their currency, lock that rate for 72 hours, and pay in a few clicks. Campus finance teams connect Convera to their student-information systems, and incoming funds magically arrive exactly where they should. This means no late-night spreadsheets and hunting down missing references. Licensed financial institutions with assets above US$1 billion white-label the stack to offer international transfers, unlock new revenue streams, and attract customers who demand quicker delivery times and greater transparency.
Our name represents our ambition to be a leader in the global conversation about currency conversion by safely and reliably accelerating the convergence of technology, people, and commerce worldwide. — Patrick Gauthier, CEO
Security and compliance form the bedrock of each layer in Convera. Systems are ISO 27001 certified, PCI DSS compliant, and AICPA SOC 1 Type II verified and fully GDPR ready. A global operating model spans over 60 regulatory licences. End-to-end encryption, multi-factor authentication, sanctions screening, and real-time fraud detection help protect every payment, whereas an adaptive cybersecurity model supports early response to threats.
Developers build on the same rails using modern REST APIs, embeddable web apps, webhooks, and flat-file options. Whether adding global payouts to a SaaS platform or automating treasury flows, each plugs into infrastructure that already routes US$18 billion a year of partner channel spend and approximately US$200 billion overall. Agile documentation, sandbox credentials, and white-labeling options speed time-to-market without compromising compliance.
Technology decisions are driven by scale and versatility. And Convera’s modular architecture means clients can be charged for only what they use and expand on demand. Forward contracts, options, and swaps plug in or out as the strategy changes. Actionable dashboards, trend analysis, and audit trails transform raw payment data into intelligence, helping financial leaders find the confidence to plan across borders.
Convera stands as one of the leading payment-solution providers to watch in 2026 as it combines reach, regulation, and a string of innovative roll-outs. It transforms fragmented, opaque payment networks into a unified, transparent system to enable users, including traders, sellers, businesses, and consumers, around the world to conduct trade across borders with new ease and certainty.