Berg Money launches fintech platform for start-ups and SMEs
Berg Money, the UK payments provider, launched its new platform targeting SMEs across Europe and the Middle East. Berg’s platform enables small and medium-sized businesses to open accounts and transact in multiple currencies facilitating international trade, whilst cutting down on operating costs and FX charges.
Berg’s solution gives their customers the ability to compete in an increasingly complex global marketplace; granting them unparalleled transparency and efficiency when it comes to cross-border payments. Berg’s platform is built to improve operating efficiency and customer experience when buying or selling goods and services overseas. It offers a step-change in customer onboarding, technical support and relationship management for its customers, leading to a radically improved customer experience as a result. Through a single portal, SMEs can now access multiple payment services on their platform. Challenging the status quo Berg Business radically revamps the established ways of providing payments services to SME audience.
“We are excited to offer our customers a better experience and improved service levels,” said Dennis Nemerov, Berg’s CEO. “Our platform provides much-needed reliability and transparency for companies doing business internationally. Our value lies in the ability to remove hurdles when it comes to opening a business account and offering payment services at the fraction of the cost versus high street banks and legacy providers. We aim to board and activate customers same day, but always in under 48 hours, start to finish. All of this is now available through one application and one dashboard to stay in control of your business.”
With more and more companies going global and trading in multiple currencies with many counterparts at the same time, robust payment rails have become a business-critical component central to the company’s commercial success. At the same time many SMEs lack access to a modern payment infrastructure or are being rejected by traditional financial services providers. Targeting the growing eCommerce segment Berg Business aims to deliver payments solutions that allow these customers to expand and scale their business internationally. Based on cloud architecture, and accessible 24/7 from wherever you are, Berg’s platform enables businesses to open business accounts, pay and be paid and operate in multiple currencies at favourable exchange rate.