With rising international business exchanges and cross-boundary financial interactions, the need for reliable, secure, and efficient payment solutions have increased manifold. Payment platforms are the new ‘currency’ of the globalized world and the industry stands at an all-important juncture of charting the fortunes of stakeholders worldwide. A range of financial intermediaries such as banks, fintech, remittance providers, money service businesses (MSBs), and retail chains are dependent on payment solutions.

One such company is Cymonz, a highly scalable and configurable international payment and currency exchange platform. It offers versatility to businesses that have the option of either deploying it as a standalone service or integrating it deeply into their core systems. The company assists clients in automating their operations and delivering cost-effective, self-service solutions to customers. This in turn elevates customer experiences, generating their trust and loyalty towards the clients. Cymonz’s international payments software is the Unique Selling Point (USP) for brands to rely upon when delivering desired outcomes to customers. Also, with automated manual processes clients gain the time and margin to provide their customers a streamlined and cost-effective experience.

Furthermore, the company’s clients can enjoy the advantage of flexibility in a multitude of dimensions. For starters, they can either simply add their brand to the company’s out-of-the box solutions or have it build customer-facing front-end and back-end management applications to aid their outcomes. Clients can remain committed to growth by either choosing the FX liquidity and payment rails providers with whom they wish to operate or utilizing the company’s existing relationship and payment rail integrations. At the same time, an ease of instatement and understanding of business operations for investors ensures quicker provisioning for faster Return on Investment (ROI). Lastly, behind these features is Cymonz’s experienced team that has been creating international payments and currency exchange software for banks, money services businesses and remittances businesses worldwide since 2008.

Helping Companies Grow FX Business Cost Effectively

Cymonz strives to help its clients increase customer satisfaction through digitization and decrease overheads through workflows and integrations at the same time. It provides its clients features such as end to end automation, a scalable and affordable model, agnostic integration, centralized utility, user-friendly customization, and a secure and vigilant platform whose AML features eliminate risk for the customer. The company’s promise of “Your Brand, Your Way, Powered by Cymonz” promises clients autonomy over how they want to incorporate their brand on the company’s platform. They can customize the system’s looks, feels, and functions to align with their business, processes, and customers. Every screen is capable of reflecting their brand identity, starting from colors and logos to workflows and user experience.

Moreover, it offers specific benefits to four distinct categories, as follows:

Customers – A responsive website and dynamic iOS and Android applications enable customers to enter into currency transactions at live rate, request payments, place and manage limit orders, add and manage beneficiaries, view their accounts’ history, and manage their account information. Secure account registration, easy-to-use content management system, configurable beneficiary management and stratifiable user management complement the core functionalities.

Back Office – Cymonz’s back office application arms companies with all the functionalities and business processes required to run a deliverable currency business. It enables comprehensive customer transactions, straightforward customer management, managing FX settlements and currency payments, real time risk management, integrated compliance along with AML and KYC provisions, configurable currency management, customization, and multilingual support.

White Label – The company provides for companies to create a client website for their partners. This helps them offer their clients the option of using their own brand to provide currency exchange and payment services. Clients can decide on a profit share with their partner by offering them a percentage of the total profit or setting a turnover percentage for each transaction.

API and Addons – Clients can integrate liquidity and payment providers to automatically clear transactions, integrate with Salesforce for enhanced customer management, and use the company’s API for integrating custom functionality with their own or third-party applications.

Breaking the Mould in International Payments

Cymonz is a 20-member strong dynamic fintech company that has made a mark for itself as a leader and enabler of international payments platforms. At the heart of its operations is a team of passionate and committed individuals who are on a mission to leave a positive footprint on the international payments industry. Simultaneously, it strives to provide the end customer with a personalized experience. The company’s operations rest on the bedrock of its core values. First, it desires to enable better business through technology by creating rewarding strategies for customers. Next, it seeks to stand out by being bold through excellence in every aspect of its operations. Third, it aims to own its actions by being accountable for the solutions it provides its clients. It also adheres to the maxim of “Flexibility through FX ability” by giving its clients the freedom to choose their course of action.     

Furthermore, the company envisions being recognized as “true Fintech pioneers” by converting its strengths into successes at each and every step, including being nimble and focused for sustained relevance in the tech sector. Cymonz’s culture is defined by a “founder-led, delivery-focused” approach to operations that emphasizes fostering long-term relationships with technical agility. It has evolved from a bootstrapped startup to a global fintech player, with the team maintaining a flat, communicative environment where deep industry expertise is shared across all levels—from the CEO to the engineering leads.

Simon Lynch | Founder & CEO

Simon Lynch founded Cymonz in 2013; with over 20 years’ experience in the international payments industry, previously the CEO of Elldrige Lynch and Lakros Technologies prior to being sold to HiFx in 2008.  Simon has covered all roles from trading, sales, compliance, operations, and technology.

“Cymonz is a highly scalable and configurable international payment and currency exchange platform designed for banks, fintech, remittance providers, money service businesses, and retail chains.”