Money Industries, set to launch by the year’s end, is poised to revolutionise cross-border financial transactions, catering to a vast international clientele.
In a world characterised by the rapid expansion of global trade and the continual evolution of fintech startups, Money Industries emerges as an exciting new player in the fintech landscape, offering innovative cross-border payment solutions.
Headquartered in Estonia, Money Industries enables businesses with local payment systems or financial institutions to conduct corporate and individual cross-border payments across various regions, including Central Asia, Eastern Europe, Turkey, the UK, Africa, and the Middle East, eliminating the need for specialised knowledge or complex processes.
Scheduled for launch by the end of the year, the company aims to reach 76.4% of the global population within a year by establishing collaborations with partners in Europe, Turkey, the Middle East, and other regions.
More than Two Decades of Payment System Expertise
According to the 2022 McKinsey Global Payments Report, the fintech sector witnessed an 11% increase in global payments revenues in 2021, coupled with a 27% recovery in global trade flows, surpassing the pre-pandemic levels of 2019. This resurgence, driven by factors such as increased commodity prices and pent-up demand, underscores the growing need for fintech solutions tailored to the expanding global trade landscape.
Founded by visionary entrepreneur Kutay Yalınkılınç, who possesses over two decades of experience in payment systems, Money Industries positions itself as a solution provider for fintech startups, empowering them to execute global money transfers independently, without reliance on banks or the necessity of local incorporation.
Kutay Yalınkılınç, the founder, shares his vision, stating, “Money Industries is conceived from a vision to revolutionise the financial domain, serving as a fintech designed expressly for fintechs, fostering seamless, unrestricted global transactions,”
A Beacon of Transformative Innovation
In a financial landscape marked by significant shifts, unprecedented inflation, and fluctuations in interest rates across numerous countries, Money Industries aspires to be a beacon of transformative innovation, reshaping the dynamics of payments and enabling fintech companies to shift their focus from mere growth to establishing sustainable profitability models.
Money Industries is committed to addressing the diverse needs of the global ecosystem by offering essential, innovative solutions for fintech initiatives seeking to thrive in a globally interconnected and regulated environment.
About Money Industries
Money Industries is a fintech company specialising in advanced cross-border transfer solutions. Founded in Estonia by fintech innovator Kutay Yalınkılınç, the company is dedicated to promoting global financial inclusivity and innovation, positioning itself as a valuable partner for fintech startups worldwide.
