DMALINK, a reputable data-centric ECN for Foreign Exchange professionals, and COMO Digital Life, a global provider of financial infrastructure, have recently announced a strategic partnership. This partnership is designed to address the unique needs of fast-growth innovative technology companies.
Based in Luxembourg, COMO Digital Life offers cross-border multi-currency IBAN accounts with over 24 currency services. These services are tailored for platforms, marketplaces, corporates, payment service providers (PSPs), and FinTech firms.
DMALINK is renowned for its proficiency in FX trading. By leveraging the extensive expertise of COMO Digital Life in cross-border payments, DMALINK aims to provide streamlined and cost-effective exchange solutions for international transactions of these fast-growing tech companies.
A Comprehensive Offering
With this collaboration, DMALINK and COMO Digital Life aim to provide a comprehensive offering that meets the unique needs of this demographic. The suite of services from COMO Digital Life ensures businesses can manage their global financial operations seamlessly. Meanwhile, DMALINK’s expertise in FX trading perfectly complements this by providing efficient exchange solutions.
Manu Choudhary, CEO of DMALINK expressed his excitement on the new partnership:
“We are excited to partner with COMO Digital Life to address the unique needs of fast-growth innovative technology companies. By combining our FX expertise with COMO Digital Life’s cross-border payment capabilities, we aim to provide a comprehensive offering that empowers technology firms to thrive in the global marketplace.”
Driving Forward Digitisation Initiatives
This collaboration is expected to drive forward digitisation initiatives and improve risk management workflows. Both parties will actively engage with clients to understand their evolving needs and offer value-added services such as automation and service integration through APIs.
Moreover, both firms are working together on developing additional products and services specifically designed for this client demographic. Their shared synergies extend into various areas including digital assets – ensuring that clients can leverage cutting-edge solutions that adapt with the evolving financial landscape.
Angela Nickel, CEO of COMO Group shared her views:
“Through our collaboration with DMALINK, we are dedicated to delivering tailored financial solutions that enable our clients’ digital journey and simplify the world of payments.”
Expanding Global Reach
COMO Digital Life offers a complete suite of B2B financial services including payments and banking (COMO World, COMO Synchro, iBAN-X by COMO). These allow platforms, marketplaces corporates and governments centralize their payments on an all-in-one cloud-based embedded financial services platform.
On the other hand DMALINK operates an institutional digital asset ECN for Cryptocurrencies and wholesale Central Bank Digital Currencies (CBDC). This strategic partnership will open new doors for both entities – enabling them support their clients’ global expansion efforts more effectively.
In conclusion: This strategic partnership between DMALINK ® and COMO Digital life is poised as a game-changer – heralding a new era where fast-growth innovative technology companies have access to streamlined cross-border payment solutions coupled with FX proficiency.