Axius Global connects to Clear Junction’s payment infrastructure

by 2 July, 2021

Clear Junction’s new partnership with Axius Global is a great example of how fintechs and other financial institutions can benefit from joining forces with us to launch new products, improve existing functionalities and boost customer offerings.

We are delighted to announce that we have partnered with Axius Global to help enhance the banking service provider’s customer offering. Axius Global is a newly launched disruptive fintech. The team there works with its customers to design, develop and deploy state-of-the-art financial solutions that help them connect to a world of financial institutes, marketplaces and exchanges.

PROVIDING B2B PAYMENT SERVICES

Axius has been established to provide B2B payment services for supply chains operating between the UK, EU and APAC. They approached us to take advantage of our ready-made access to payment infrastructures instead of spending time and money building them from scratch. This will free up time for them to put all their efforts into risk management, client services and sales.

Clear Junction’s correspondent accounts are the cornerstone of our customer offering and Axius has been given access to one. They are designed for use by licensed financial institutions dealing with account receivables and will enable Axius to hold and maintain a monetary balance in their own name while transacting in customer names. Ultimately, Clear Junction’s range of solutions will enable Axius to make and receive payments in favour of, or on behalf of, its customers.

UTILISING CLEAR JUNCTION AS A STRATEGIC PARTNER

“Axius selected Clear Junction as a strategic partner to mitigate risk for our clients and enable a proven solution that has already been through extensive and exhaustive field deployment,” says Dr Bruce Thompson, President & COO at Axius. “Our core philosophy is that you can’t be a subject matter expert in every discipline and partnering with Clear Junction enhances our knowledge, skills and customer offering.”

“Clear Junction is excited to partner with Axius Global and help them provide unique solutions for their customers,” explains Dima Kats, Chief Executive of Clear Junction. “We pride ourselves on shortening the time to market for service delivery by financial institutions at various stages of their growth. Global B2B service providers are one of the fintech niches that we feel very comfortable working with.”

To find out more about how Clear Junction can help banking service providers access solutions that work for them, please get in touch via our contact form.