UK-based and Africa-focused fintech Verto has secured a USD 1 M boost after winning the Milken-Motsepe Prize in fintech, a prestigious award recognising companies advancing financial access for small businesses in underserved markets. The win adds to Verto’s growing credibility and firepower in an increasingly competitive cross-border payments landscape, especially in frontier economies.
Founded in 2018, Verto simplifies international B2B payments for businesses navigating fragmented and often overlooked currency corridors. With support for 49 currencies, many of them exotic or thinly traded, the platform eliminates intermediary fees and accelerates settlement times. This is a game-changer in markets where traditional banking infrastructure has lagged behind.
Read the full article here.
