Conduit’s Post

We build payments infrastructure software, but success starts with heartware  💓 At Zide, while we geek out over the technical magic powering seamless cross-border commerce, we never lose sight of the people we serve. 👥 Why People Make the Difference in Payments: ✅ 24/7 Dedicated Customer and Technical Support: Our committed team is always available, ensuring smooth transactions and immediate responses to your queries. ✅ Expert Advisory Services: Every client gets a dedicated account manager available 24/7 to guide you through complex payment landscapes with ease, benefiting from our - experts' deep industry knowledge. ✅ Building Relationships: More than a service, we're your reliable payment ally, dedicated to your business growth. So while we’ll keep innovating incredible financial technologies, our best features can’t be coded. They come from genuinely caring about helping diverse leaders and teams thrive globally. That’s the Zide difference. And in this automated world, a little humanity goes a long way 😊. As you navigate this week's global payments, remember, at usezide.com, every successful transaction is backed by a team dedicated to your success! 💼🌍 Learn more about seamless cross-border payment that enables business growth https://lnkd.in/d_tnasYm #HumanTouch #GlobalPayments #B2BStartups #ExpertAdvisory #MondayMotivation #CrossBorderPayments #B2BPayments #FinancialTechnology #GlobalBusiness #PaymentSolutions #FinTechInnovation #DigitalTransactions #CustomerSupport #PaymentSecurity #BusinessGrowth

In 2020, WorldRemit acquired Sendwave (International Remittance) for $500 million. And Sid Sridhar, Head of Business at Sendwave at the time, helped make the deal happen. Here are 4 of his lessons from selling Sendwave for $500 million (and important pieces of advice for founders): 1/ Different deal, Different Impetus According to Sid, it is crucial to understand that each M&A deal has its unique impetus. A common mistake founders and operators make is approaching deals with preconceived notions about how they will unfold. The key takeaway is to avoid assuming a specific outcome and instead focus on thoroughly understanding the business model being developed. 2/ Build Relationships with Potential Buyers At Wave, Sid and his team identified potential buyers early and cultivated relationships with them discreetly. Founders often err by trying to sell their business outright, which can be time-consuming and costly due to legal fees and business distractions. His advice is to engage with investors and board members early on. Genuine interest and commitment can be judged by their speed of response and willingness to arrange meetings. 3/ Managing Asymmetric Information Another crucial consideration is the management of asymmetric information. During the early stages, it is important to strategically select who on the buyer’s team has access to sensitive information. Involving a board member not involved in the daily operations can also be beneficial, as they can offer valuable insights without being directly engaged in the process. 4/ Transparency Sid and his team chose to openly address potential challenges and red flags from the outset, aiming to avoid surprises later in the process. They were upfront about the fact that while things were generally positive, there were specific issues that required acknowledgement. This approach of honesty helped prevent any significant problems from arising unexpectedly after months of negotiation. Get 4 more lessons by watching the latest episode of The Flip here: https://lnkd.in/df356F_t

Montonio Appoints Johan Nord as CEO Read more: https://lnkd.in/dpKYX4yJ #Montonio #JohanNord #CEOAppointment #LeadershipChange #FintechLeadership #CorporateNews #ExecutiveTeam #BusinessGrowth #finance #fintech #FinancialIT

Nuvei Expands Leadership to Accelerate Growth With Appointment of Gang Wang as Its Chief Technology Officer "We're thrilled to be welcoming Gang to the Nuvei team," commented Nuvei Chair and CEO Phil Fayer. "Bringing in a leader with Gang's credentials strengthens our executive team and will undoubtedly enable the broader technology team to thrive as we address the complexities of our industry with even more dedicated focus." https://lnkd.in/edDsUNzm Max Attias #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Tap into the potential of payments: Explore how companies are utilizing payments to enrich customer experiences and open new markets. Gain valuable information from Nuvei's whitepaper including insights from international industry experts. Get your copy today: https://lnkd.in/dnTuedri #fintech #payments #innovation #finance

Tap into the potential of payments: Explore how companies are utilizing payments to enrich customer experiences and open new markets. Gain valuable information from Nuvei's whitepaper including insights from international industry experts. Get your copy today: https://lnkd.in/ewvcRz7B #fintech #payments #innovation #finance

My new article on Forbes is now liveeee! 🤩 🙌🏼 In my experience, high-risk industry businesses often juggle a hefty load of payments daily. 📈 Once, this was a manual and tedious task. But technology has flipped the script. Enter mass payments, or "mass payouts". They streamline the process of paying multiple recipients at once. All it takes is a spreadsheet upload or leveraging mass payments APIs to simplify payment configurations. 📊 So, how do high-risk businesses benefit from mass payments? 1️⃣ Time and Operational Efficiency: Say goodbye to manual entry. Mass payments save time and resources. 2️⃣ Scalability in Partner Payments: Scaling payments is a breeze with mass payments, leading to better cash flow management. 3️⃣ Cost-Effective Operations: Automation cuts costs on manual labor expenses. But, please keep your eyes open for a few things when implementing a mass payment solution. Processing costs and integration challenges are key considerations. Choosing the right mass payment API is vital. It should integrate seamlessly into your existing systems, support international payments, offer various payout methods, and have a low failure rate. 💡 Just remember though, it's not a magic wand, but a tool that can make a significant difference in your finance operations. ✨ Link available in comments 👇🏼 #masspayouts #masspayments #fintech #virtualiban #bankingsolution Forbes Business Council Capitalixe

Tap into the potential of payments: Explore how companies are utilizing payments to enrich customer experiences and open new markets. Gain valuable information from Nuvei's whitepaper including insights from international industry experts. Get your copy today: https://lnkd.in/eG4bbfhV #fintech #payments #innovation #finance

For those of you who may not know me well, here’s a quick introduction… I have 26 years of experience leading operations for some of the most complex global payments organizations in the world. I’ve worked in PE backed companies, venture backed companies, public companies, and two Fortune 150s. I’ve helped lead teams as large as 13,000 people, representing a portfolio of 7,000 financial institutions across our global landscape. Each organization and each role I’ve held has given me a deeper understanding of the infrastructure and people underlying global payments that most people never get to see. In the market, my offering is stability. It’s my greatest strength. I’ve been told many times throughout my career that I’m a “Master of Chaos.” And it’s not just because I provide structure and scale, but rather because I genuinely invest in the people, leading them/myself to heights of engagement few thought possible. How do I accomplish this? ▪️ Establish and maintain a dynamic company culture that encourages growth and rewards success. ▪️ Infuse that culture with client-centric behaviors and ideologies that ensure a synergistic user experience on both sides of the equation. ▪️ Motivate my teams to support the company through ideation, involvement and a core strategy that ensures every voice is validated. Which brings me to today and why I’m at CheckAlt: I got to know Shai Stern, CheckAlt’s CEO, as his former customer. The guy has a different way of thinking than most people, he’s a contrarian with a deep entrepreneurial spirit. This is his 5th company going up against big incumbents in legacy industries and monetizing ideas/products faster, better while adding value to all in the product life cycle. So one day he says to me: “Patrick, Everyone is predicting the death of checks and I think that’s overblown (at least in the near to medium term). I believe this thesis so deeply, that I bought all these companies to optimize everything around checks so I can take it over for companies who no longer want to invest. I want you to take your past experience and build CheckAlt into, not only a company that is the best at checks, but the company that ultimately removes them.” Today, checks still make up 33% of B2B US payments and are astoundingly resilient - Shai was right about that. And, we’ve invested millions of dollars in a platform that not only takes on all the annoying check operations for several of the largest financial services companies in the world, but also implements new technologies to speed up money movement, remove paper from the system, and monetize the data. So that’s what I’m up to now. And I’m going to share a lot more about it.

Tap into the potential of payments: Explore how companies are utilizing payments to enrich customer experiences and open new markets. Gain valuable information from Nuvei's whitepaper including insights from international industry experts. Get your copy today: https://lnkd.in/gSTytHnW #fintech #payments #innovation #finance