Through its no-code approach to embedded financial services, Orenda has enabled My Prime Financials to significantly expand its global value proposition for customers.
My Prime Financials is a wholesaler of financial technologies, specialising in providing fast, cost-effective banking solutions, Forex and transfers for busy SMEs and individuals.
Despite already offering its services in Eastern Europe, the Baltics, Africa, South America, Asia and the Middle East, My Prime Financials wanted to better service their global market by expanding its offering across the rest of Europe.
This included the provision of additional payment options for their European customers.
The Challenge
To achieve their ambition, My Prime Financials had to first overcome the challenge of building the infrastructure to support the cross-border rollout of their services.
Creating this architecture themselves would have required a significant allocation of resources that included lengthy timescales, along with the incursion of some serious costs in the process.
This led them to get in touch with Orenda to find a solution that would eliminate the need for expensive and time-consuming development.
How did Orenda help?
Orenda worked closely with My Prime Financials to understand precisely what they wanted to achieve and provide a solution to remove the barriers preventing them from effectively serving its expanding global market.
This consisted of Orenda providing a full end to end solution that’s unavailable elsewhere in the market: using its no-code technology to take care of the development work, as well as dealing with all the compliance and legislation issues associated with cross-border transactions.
As a result, My Prime Financials was able to achieve its vision of better serving its customers while minimising time and costs.
How did My Prime Financials benefit?
With the help of Orenda, My Prime Financials was able to achieve its ambition through the creation of new revenue streams, increasing its market reach, more effectively meeting customer demands and maximising brand engagement.
Conclusion
Orenda is incredibly passionate about utilising its market-leading no-code FinTech capabilities to empower innovative companies to expand their offerings so that they can grow and thrive. My Prime Financials fits this profile perfectly, making them a pleasure to work with.
If you would like to find out what Orenda could help your organisation to expand its financial service offerings, get in touch.
