As we reflect on 2024, we recognise it as a transformative year for Advapay. From expanding our global footprint with new offices and welcoming talented team members to forging impactful partnerships, we have strengthened our foundation for long-term success.

Our Macrobank core banking software experienced significant advancements, with innovative developments and integrations enhancing its functionality and adaptability. These milestones underscore our commitment to delivering cutting-edge solutions to our clients while cultivating a culture of growth, Advapay’s innovation, and collaboration.

Here’s a closer look at the achievements that defined Advapay in 2024.

Opened office in Amsterdam, Netherlands

Advapay reached a significant milestone in 2024 with the opening of our new office in Amsterdam, Netherlands. This strategic expansion strengthens our presence in the European market and brings new talent to our growing team.

The Amsterdam office is led by Hamid Najafi, Head of Partnerships, who drives our collaborative initiatives. Karlo Soltic, Sales Executive, focuses on client acquisition and relationship management, while Nikita Egorov ensures smooth office operations and provides essential day-to-day support to the team.

Together, this dynamic trio plays a key role in solidifying Advapay’s reputation as a leader in the fintech industry.

Advapay in 2024: A Year of Innovation and Strategic Growth - new office in Amsterdam

Strengthening Partnerships Globally

In 2024, Advapay expanded its partnership network to create greater value for our clients and reinforce our global footprint. We significantly grew our roster of banking partners, providing broader access to essential financial services.

Additionally, we formed strategic collaborations with software houses across Latin America, the Middle East, and the EU, enabling us to deliver more tailored fintech solutions. Advapay also partnered with reputable law firms and consulting agencies in key regions, offering clients seamless access to legal and advisory expertise.

These achievements were spearheaded by Hamid Najafi, our Head of Partnerships, whose strategic vision and leadership have been instrumental in establishing these critical alliances.

The Latest Features of our Macrobank’s Core Banking Back-Office Application and Innovation

In 2024, Advapay introduced several powerful new features to enhance the functionality and user experience of Macrobank’s Core Banking Back-Office application:

  1. Widget Management: Personalise Your Dashboard
  • Customise the Overview page by adding, removing, reordering, and resizing widgets.
  • Toggle between table and chart views for a more intuitive user experience.
  • Edit widget grids to tailor fields to your specific needs.

  1. Transfers & Conversions: Streamline Fund Movements
  • Nostro Transfer: Seamlessly transfer funds between your own correspondent accounts.
  • Nostro Currency Exchange: Simplify currency conversions across accounts.
  • Transfer Duplication: Save time by copying existing transfers to create new ones with pre-filled fields.
  • Attach documents to SEPA and SWIFT transfers for improved transparency and record-keeping.

  1. Reconciliation Report: Ensure Balance Accuracy
  • Easily compare balances across correspondent and customer accounts for improved financial oversight.

  1. Event History: Simplified Activity Tracking
  • View event and document histories for transactions, conversions, customer applications, and management activities.

  1. Session Log: Monitor User Activity
  • Access detailed user login information, including session activities and platform usage.

  1. Correspondent Accounts Management
  • Effortlessly view, create, and maintain correspondent accounts.

  1. Currency Rates Management
  • Load currency rates and set priorities for exchange rate providers with ease.

Expanding Horizons with New Integrations

In 2024, Advapay focused on innovating and enhancing the functionality of our Macrobank core banking software by partnering with a diverse range of innovative companies. These integrations are designed to empower our clients with solutions for compliance, payments, risk management, and crypto operations:

  • Shufti Pro: A global leader in identity verification and KYC technology, enabling seamless compliance processes.

  • Xplorisk: A sophisticated risk management platform that streamlines credit scoring and risk assessment.

  • Huntli: A compliance powerhouse offering advanced PEP and sanctions screening solutions.

  • AMLbot: A robust anti-money laundering tool that simplifies transaction monitoring and ensures regulatory compliance.

  • Intergiro: A next-generation banking platform delivering innovative payment processing solutions.

  • ManoBank: A digital bank offering specialised services for both private and corporate clients.

  • Fireblocks: A secure platform for managing digital asset operations and transactions.

  • Apaylo: A payment orchestration provider that streamlines payment workflows and gateway management.

  • IFX Payments: A financial institution specialising in cross-border payment solutions and multi-currency accounts.

As we wrap up 2024, it’s clear that Advapay has made remarkable strides in innovation, collaboration, and growth. Explore the full range of solutions Advapay offers to help you launch and scale your fintech business:

Want to learn how Advapay can support your fintech journey? Contact us today!

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