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Author: Marlla

UniTeller Unites with MORE Payment Evolution

Post author By Marlla
Post date November 26, 2024

UniTeller Unites with MORE Payment Evolution

UniTeller has made a significant move in the global payments industry with the acquisition of MORE Payment Evolution. This strategic merger brings together two leading players in cross-border payments, aiming to expand capabilities and strengthen their presence in international markets.

A Synergy of Excellence and Innovation

By joining forces, UniTeller and MORE Payment Evolution are set to deliver more efficient, innovative, and seamless payment solutions. This collaboration creates a powerful synergy, combining technological innovation with operational expertise. Both companies contribute distinct strengths, including UniTeller’s extensive cross-border payment network and MORE’s cutting-edge technology platform. Together, they are building a more agile and scalable operation that boosts efficiency while expanding the company’s global reach.

Currently operating across 15 countries, the merger significantly enhances UniTeller’s presence in key markets, including the United States, Canada, Mexico, South America, Europe, and Africa. With a global network now spanning over 200,000 locations in more than 120 countries, UniTeller and MORE are poised to facilitate faster and smoother cross-border transactions, serving both developed and emerging markets.

Revolutionizing Global Payment Networks

This merger is not just about expanding geographically—it’s about transforming the global payments infrastructure. With enhanced connectivity and a broader network, UniTeller and MORE aim to bridge the gaps between diverse markets, simplifying complex cross-border payment processes. Their combined resources will streamline payment flows, reduce transaction times, and improve currency exchange efficiency.

By leveraging advanced technology and a strategic market presence, the merger sets new benchmarks for speed, security, and reliability in global transactions. This is particularly important as the payments industry faces growing demand for real-time transfers, enhanced security protocols, and more cost-effective solutions.

Alberto Guerra, CEO of UniTeller, highlighted the broader vision: “With the MORE acquisition, UniTeller is positioning itself as a global player in payment networks, with multiple local presences providing the platform to scale beyond remittances into new cross-border payment products.”

Sergio Pérez, CEO of MORE Payment Evolution, added: “We are very excited about the future of our combined companies. The synergies, added capabilities, and cultural alignment will enable UniTeller | MORE to become a leader in cross-border payment services, not just in the Americas but globally.”

Navigating the Future of Cross-Border Payments

As the global economy evolves, the need for more interconnected and interoperable payment systems grows. In an era of rapid advancements such as artificial intelligence, blockchain, and real-time payments, the combined expertise of UniTeller and MORE positions them to navigate the complexities of the international payments landscape effectively.

This merger empowers both companies to innovate at scale, anticipating future trends in the payments ecosystem. Together, they are setting new standards for cross-border payments, with a shared commitment to financial inclusion. This ensures that even underserved regions benefit from more accessible and affordable financial services.

Additionally, the partnership prioritizes security and regulatory compliance in an increasingly interconnected world. By integrating their systems, UniTeller and MORE are enhancing security measures to protect against fraud and financial crime, adhering to the rigorous standards set by international financial regulators.

A New Era of Global Financial Connectivity

The acquisition of MORE Payment Evolution by UniTeller marks a forward-thinking strategy that aims to reshape the global payments industry and redefine how cross-border transactions are conducted. This union is setting the stage for a new era of global financial connectivity.

With UniTeller and MORE leading the way, the future of payments is more inclusive, secure, and connected than ever. Together, they are ready to chart new paths, redefine industry standards, and unlock the full potential of global payments, ensuring financial services are faster, more secure, and accessible to everyone.

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UniTeller Signs Agreement for the Acquisition of MORE Payment Evolution

Post author By Marlla
Post date January 24, 2024

UniTeller proudly announces the successful signing of a definitive agreement to acquire 100% of More Payment Evolution. This strategic move cements a formidable alliance that is poised to reshape the future trajectory of our organization.

The agreement, underscores UniTeller’s steadfast commitment to excellence and its continuous pursuit of fortifying capabilities to better serve our valued partners. The consolidation of resources is strategically designed to generate potent business synergies, propelling our offerings to new heights and extending our global footprint.

This transformative acquisition heralds a new era of collaboration and innovation, promising an enriched service experience for our partners. With an expanded payment network and enhanced remittance and business payment capabilities, UniTeller is set to deliver a more robust and comprehensive product offering.

Both UniTeller and MORE remain unwavering in our dedication to upholding the highest standards of service quality. This commitment ensures the continued delivery of exceptional value to meet the evolving cross-border payment requirements of our partners, solidifying our position as industry leaders across Latin America and our payment corridors in Europe, Asia, and Africa.

We express our sincere gratitude for your ongoing support. The union of UniTeller and MORE signals a collective commitment to redefine possibilities and set new benchmarks in the dynamic realm of cross-border payments.

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CEO, Alberto Guerra, interviewed at Money20/20 USA, 2023

Post author By Marlla
Post date January 23, 2024

CEO, Alberto Guerra, interviewed at Money20/20 in Las Vegas 2023. Watch to get excellent insights on:

UniTeller’s role in the cross-border payments industry.
UniTeller’s strategy for further global expansion.
How UniTeller is leveraging technology to enhance cross-border payments.
Upcoming developments and partnerships.
How UniTeller provides a seamless and modern payment experience for its customers.
What sets UniTeller apart from other players in the cross-border payments industry.
How to remain innovative and adaptive to changing market dynamics.

UniTeller’s Exclusive Partnership with PAQ Wallet

Post author By Marlla
Post date December 12, 2023

We are excited to share the news of UniTeller’s exclusive collaboration with PAQ Wallet. This partnership brings enhanced convenience to individuals in Guatemala, facilitating the seamless receipt of funds from their loved ones and providing them with digital financial management capabilities. UniTeller is the only cross-border payments company with access to PAQ Wallet as a payout method for remittances sent to Guatemala.

“This alliance provides us with access to UniTeller’s uLink solution and to their aggregation alliances with highly relevant remittance companies worldwide. The PAQ Wallet customer base is growing at triple digit rates and this alliance is key to propel our growth even faster in the near future. We are thrilled to work alongside UniTeller – one of the world’s largest aggregators.”
said Jorge Lopez, Co-Founder, PAQ Wallet.

“We are dedicated to expanding this service as a payout option to our valued business partners, further solidifying our commitment to facilitating seamless cross-border transactions.”
said Oscar Moreno, Head of International & Business Development, UniTeller.

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CrossTech awards UniTeller as an Industry Leader

Post author By Marlla
Post date December 11, 2023

The CrossTech Innovation Awards recognizes and honors industry leaders and pioneers that have driven positive change in the cross-border payments landscape. By recognizing excellence and innovation, these awards aim to inspire further advancements and promote the adoption of cutting-edge technologies and solutions in the global financial ecosystem. We are delighted to announce our double victory at the 2023 CrossTech World in Miami where UniTeller won two awards, White Label Provider and Industry Leader.

We’d like to thank the exceptional team at UniTeller for their excellence and our outstanding partners for their continued support.

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CEO, Alberto Guerra, interviewed at Money20/20 Europe, 2023

Post author By Marlla
Post date November 15, 2023

Watch the latest video interview of our CEO, Alberto Guerra, with The Fintech Times at Money20/20 Amsterdam.

Get valuable insights into our newly launched business payments solutions aimed at empowering businesses to succeed in today’s dynamic economy, and discover what exciting developments lie ahead for UniTeller.

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UniTeller at the Global Forum on Remittances, Investment, and Development Summit

Post author By Marlla
Post date October 25, 2023

UniTeller had the esteemed privilege to attend the Global Forum on Remittances, Investment, and Development Summit 2023, hosted by the International Fund for Agricultural Development (IFAD) in Nairobi, Kenya from June 14-16, to mark the observance of International Day of Remittances.

We reunited with industry experts from the public and private sectors to discuss opportunities and challenges to promote financial inclusion, digitalization, and an enabling environment to leverage the potential of remittances and investment toward sustainable development.

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UniTeller awarded as the “Best Remittance Processing Solution” and for “Excellence in Financial Inclusion”

Post author By Marlla
Post date October 25, 2023

We are honored to receive awards for “Best Remittance Processing Solution” and “Excellence in Financial Inclusion” by Pan Finance. This recognition is a testament to the dedication of the entire UniTeller team as we strive to develop cutting-edge technologies and efficient processes that streamline the flow of funds across borders.

Access to financial services is fundamental for every individual. At UniTeller, we aim to empower underserved and unbanked individuals by giving them access to efficient payment alternatives. This recognition motivates us to continue our efforts to foster financial inclusivity and make a positive impact on the lives of people.

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UniTeller acquires Oh My Card

Post author By Marlla
Post date April 21, 2023

UniTeller is pleased to announce its recent acquisition of “Oh My Card!”, a gift card payment platform that has redefined the way Central Americans build loyalty and send gifts to their loved ones.

Since its launch in 2013, OMC has provided a solution on how Corporates remunerate and reward employees, and on how Guatemalans support their loved ones. The OMC multi-brand gift card allows companies to reward their employees through rechargeable and customizable gift cards that are accepted at a large network of retailers in the region.

UniTeller is excited about the synergies that the Oh my Card platform and distribution network will create within its cross-border payment services. We envision solutions that will bring an expanded product portfolio to our remittance customers and business partners.

“The growing demand for P2P cross-border remittance services coincides with the increasing dominance of electronic transactions which will create important synergies with UniTeller.” said Francisco Contreras, CEO of OMC.

“OMC’s products present us with an opportunity to bring another unique element into the equation by offering alternative payment channels” said Oscar Moreno, Head of Global Expansion at UniTeller.

The acquisition of OMC is aligned with UniTeller’s vision to enhance and strengthen its product capabilities to solidify its product portfolio and emerge as a leader in the cross-border payments space.

“At UniTeller, we foresee promising opportunities for growth as we continue to invest in the expansion of our distribution channels and product capabilities. We are committed to making business decisions that facilitate Cross Border Payments not only for Individuals but also for Business around the World. The OMC platform opens a new line of opportunities for UniTeller to enter the commercial and retail payments that can be greatly leveraged for Cross Border Payments” concluded Alberto Guerra, CEO of UniTeller.

CrossTech World 2022

Post author By Marlla
Post date December 30, 2022

We were thrilled to participate as a Diamond sponsor and collaborate with FinTech leaders on the growth of the payments sector at CrossTech World in Miami in November, 2022. Tons of great panels with speakers from the UniTeller team including key panel sessions in which CEO, Alberto Guerra, and Head of Business & Operations, Normando Rojas Morgan, shared their insights on the scope and developments in the cross-border payments space.