PayAngel, a cross border payments platform serving consumers and businesses moving money internationally, is expanding its payout infrastructure through a broader collaboration with Visa, the digital payments company behind the Visa Direct network. The agreement gives PayAngel access to Currencycloud, a Visa Direct solution, to support multicurrency accounts and international payouts across additional currencies and countries.
The move reflects how payment providers focused on remittances and cross border transactions are relying on banking infrastructure providers rather than building payment rails themselves. PayAngel said the expanded setup is intended to support money movement for both individuals and businesses operating across multiple markets.
PayAngel currently supports transfers across 22 African countries as well as India and Bangladesh. The company says its platform was created to address costs, delays and limited transparency associated with traditional remittance models. Alongside consumer transfers, the company operates a web based B2B payments platform that allows businesses to manage collections, disbursements and cross border settlements without establishing local operations or building custom integrations.
The integration with Currencycloud gives PayAngel access to regulated payment infrastructure that the company says will simplify settlement flows and support operational scaling as transaction volumes grow.
“Access to dependable, well governed payment rails is essential to supporting globally connected communities,” said Jones Amegbor, CEO at PayAngel. “This collaboration strengthens the infrastructure behind our platform, helping us deliver faster and more efficient cross border payments while staying focused on the human connections those payments represent.”
Visa said the partnership expands the use of Visa Direct infrastructure among fintech companies building payment services across multiple geographies.
“Visa Direct is focused on enabling secure, seamless money movement across the global payments ecosystem,” said Philip Konopik, SVP, Head of CMS, Visa Europe. “It’s fantastic to be collaborating with fintechs such as PayAngel, to help supercharge innovation that improves how money moves for consumers and businesses worldwide.”
