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Middle East Venture Partners
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MEVP
MEVP
27
companies
250
Jobs

Locations

London, UK · Nigeria · South Africa · Japan · Kenya · China · Mile End, London, UK

industry

Blockchain and Crypto · Finance

Size

51-200 employees

Stage

Series A

founded in

2017

Verto is a global financial technology firm that enables businesses of all sizes to access enterprise grade cross-border payments, FX and banking solutions via their advanced proprietary platform or API. Businesses can accept payments and send payouts globally seamlessly in one single platform. The company is addressing the existing foreign exchange and payments challenges faced by businesses in emerging markets by providing them with an online platform to exchange currencies with other businesses and make payments to counterparties and suppliers. VertoFx have created a robust solution that utilizes a marketplace model to provide price discovery/liquidity and uses blockchain to create smart contracts, facilitate transactions, and store data for regulatory compliance. VertoFx connects businesses, liquidity providers, FX Brokers, payment Institutions, and banks through their marketplace. Through this, companies can choose their foreign exchange rates at the time that suits them, therefore, providing a constant liquidity flow cheaply.

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