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P2P Cross border payments
Palla enables instant P2P payments from the US to other countries, a $65BN a year market. Sending and receiving remittances today is slow, time consuming and inconvenient for all parties, as it's a mostly cash based process. With Palla, senders in the US can do it in a few taps of their phone and receivers get their money in seconds.
Palla Financial enables P2P cross-border payments through APIs and white-label experiences, allowing instant transfers to consumers or businesses across 180+ countries. They partner with fintechs and financial institutions to embed P2P payments into apps with 24/7 availability and built-in security.
Palla offers APIs to power transfers in seconds, with REST authentication to securely identify customers. It supports creating relationships between two P2P accounts, securing sender/receiver payment methods, and sending transfers internationally in seconds. The platform emphasizes configurable use cases and a white-label experience to power instant transfers within a fintech application.
Who it’s for: Fintechs and financial institutions looking to embed P2P cross-border payments into their applications and networks.
Enrique has over 25 years of experience in traditional FIs and Fintech companies, managing marketing, product, operations and sales functions. He has an MBA from the MIT Sloan school of Management and has worked for McKinsey & Co. and other consulting companies. He's bilingual (in Spanish) and has lived in Mexico, England and the US.
Andrew is the CoFounder and Head of Product for Palla. He previously was the CPO for Lana, a US neobank co-created by BCG. He led product initiatives for BCG corporates and prior to that startups including Intel Capital-backed FlashGrade. YC Badge: 0x322737040ad9462049f906a2d6c06ff7f8b7a656
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