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FinTech payment firm Earthport partners with major global payment player

London-based FinTech firm Earthport has announced an agreement with Ria Money Transfer, the world’s third largest money transfer company

The agreement, announced this morning to the stock exchange, will see the California-headquartered business utilise Earthport’s global payment engine which is available in over 60 countries.

Ria, which was established in 1987, specialise in bank deposit services which help migrant workers send money to their families back home.

This new partnership with Earthport will give the firm access to over 60 domestic clearing schemes, meaning customers can specify when they wish for money to be credited into an account.

The agreement with Ria marks another step in Earthport’s growing network of global partners, having announced a tie-up with Belgian Forex provider FX4BIZ last month.

Juan Bianchi, Ria Money Transfer President & Chief Executive Officer said: “Earthport provides an efficient, global payment network that will further enhance Ria’s world class bank deposit services.

“This partnership will enable us to reach even more bank deposit customers around the world with fast, secure and affordable money transfers.”

Daniel Marovitz, Earthport President Europe, commented: “Ria Money Transfer is a globally recognised money transfer company and Earthport is delighted to be collaborating with them to enhance their product offering. We look forward to working with Ria and are confident this will be a productive relationship going forward.”