Digital payment platform Silverbird has announced several partnerships to accelerate further financial inclusion for SMEs trading internationally.
Driven by the mission to expand the freedom of trade previously limited by traditional banking, Silverbird says that it “provides small businesses with multi-currency accounts that allow them to hold, send, and receive payments in more than 30 currencies and without any transfer limits.”
Recently, Silverbird has embarked on strategic collaborations with Tuum, a modular core banking platform, and another real-time payment platform.
These partnerships aim to “open doors to cutting-edge technology and untapped markets, empowering Silverbird to provide banking services to a wider range of SMEs, transform the SME banking landscape, and liberate cross-border trade.”
The company’s founder and CEO, Max Faldin, envisions Silverbird as “a means of utilizing the power of technology to bridge the banking gap of millions of underbanked global SMEs.”
As noted in the update, Silverbird is “a modern international payment platform that provides SMEs with a smooth and entirely digital onboarding experience, eliminating the requirement for face-to-face interviews or visits to a physical branch.”
All essential documentation is “managed electronically, relieving entrepreneurs from the unnecessary inconvenience of traveling outside their home country to open a bank account.”
This allows small businesses to oversee their finances from any location effectively.
With transactions rapidly executed within seconds, Silverbird’s banking services span across 200 countries.
The company exclusively “focuses on working with exporters and importers, which enables Silverbird to deliver exceptional service, effectively filling the gap left by traditional banks.”
Silverbird’s founder Faldin is a Stanford MBA with “decades of experience in fintech”
By leveraging his profound experience and strategic partnerships, he has “built Silverbird into a transformative digital banking platform that reimagines banking for SMEs while operating with transparency and integrity.”