Future FinTech Group operates Currencycloud for remittance app

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Source: Future FinTech Group Inc.

Future FinTech Group Inc., a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs (“FTFT Labs”), a wholly owned subsidiary of the Company, has partnered with CurrencyCloud Inc. (“Currencycloud”), a subsidiary of Visa and a global payments platform registered with FinCen and licensed to transfer money to various states in the United States, to launch the Tempo funds transfer app to to provide U.S.-based immigrants and others with a simplified, secure, and cost-effective way to send money from the United States to North America (Canada and Mexico), Europe (Austria, Belgium, Czech Republic, France, Germany, Hungary, Italy, Poland, Portugal, Spain, Sweden and United Kingdom), Australia, India and the Philippines.

By working with Currencycloud and other service providers, FTFT Labs can provide customers with a multi-currency digital wallet that makes sending money to the aforementioned countries easier and more cost-effective than many other money transfer services that charge high fees per transfer. More importantly to FTFT Labs, the Tempo app is a money transfer service its users can trust, with features that make transferring money easier and with in-app customer support at their fingertips. Tempo’s conversion tool means users can remit payments to foreign accounts after currency conversion and store foreign currency for user convenience; Tempo’s funds feature allows users to easily add funds to the digital wallet.

By continually adding new features to the app, FTFT Labs aims to bring the most innovative and easy-to-use money transfer services to the fingertips of an often overlooked market: American immigrants. To learn more about the Tempo app, visit http://ftfttempo.com.

Mr. Sean Liu, CEO of FTFT Labs, said of the launch, “Tempo represents an easy, fast and secure way to move money across borders. Working with Currencycloud and utilizing the breadth of its services allows us to offer our clients a seamless product from start to finish. We are confident that we make funds transfer a seamless process for our end users. »

Lewis Nurcombe, Vice President of Sales at Currencycloud, said, “Migrants in the United States should be able to send money overseas without friction and without prohibitive costs. A fintech company like Future FinTech Labs understands the needs of workers who want to send money to family and friends and as such is successfully reinventing the way money flows for this huge market.

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