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Monoova launches FX Hub for same-day global payments, cutting delays and costs.
Monoova has launched an FX Hub to streamline global payments by automating collections, foreign exchange conversion, funding, and settlement in a single process, enabling same-day cross-border transactions.
The API-driven platform integrates Australian real-time payment systems like NPP and PayID, connects to a network of Tier 1 banks, and eliminates delays from intermediaries and fragmented banking relationships.
It aims to improve working capital efficiency, reduce reliance on pre-funded accounts, and lower counterparty risk.
The launch supports Monoova’s mission to simplify payment infrastructure, serving over 10% of Australia’s population through its existing network.
Monoova lanza FX Hub para pagos globales del mismo día, reduciendo retrasos y costos.