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Convera
Cross border payments built to accelerate business
About Convera
Convera is a non-bank business-to-business (B2B) cross-border payments and foreign exchange company that helps businesses send, receive, and hold payments internationally and manage foreign exchange risk. It offers cross-currency payment products, FX hedging instruments such as forward contracts and FX options, and industry-specific solutions, serving customers including small businesses, enterprises, financial and educational institutions, law and manufacturing firms, and NGOs. Convera was formed in 2021 from the acquisition and rebranding of Western Union Business Solutions (WUBS).
Industry
Cross-border payments / financial technology (B2B payments and foreign exchange)
Headquarters
Seattle, Washington, USA
Company size
Over 1,900 employees (across 31 offices globally)
Founded
2021
What we do
Cross-border paymentsForeign exchange (FX) risk managementForward contractsFX optionsFX swapsGlobal/commercial B2B paymentsMulti-currency holding balancesPayments APIs and integrationsIndustry-specific payment solutions
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