NEWS

Darren Beyer, Chief Product & Strategy Officer at Qolo, joins The Headless Banker podcast to discuss his career - from working on space shuttles at NASA for 10 years to the world of payment and card processing at Qolo.

Launching a new firm in the face of this global crisis takes fortitude. Timing couldn’t be worse. Or could it? Demand for different types of digital payments is ramping. That’s the space Qolo plays in. A bit like Marqeta, a bit like Fiserv, the company was launched by a team with a lot of payments industry experience to be a next-generation B2B payments hub and an all-in-one payments solution.

Despite making major strides in functionality, legacy payment rails like ACH still come with their challenges — especially when facilitating B2B payments.Innovators have turned their attention and energy toward mitigating those points of friction, either though solutions that sit on top of existing payment rails, or through building entirely new infrastructure from the ground up.

B2B payments hub Qolo has introduced a new all-in-one payment solution, aiming to address issues with speed, security and costs for B2B payments, a press release says.

While a business seeking payments and business management services could piece together what it needs from a few different providers, it's increasingly easier to find fintechs and startups demonstrating how all services can funnel through one platform.

Fintech startup Qolo launched an all-inclusive B2B payments platform, designed to facilitate growth and commerce enablement while helping next-generation business owners navigate the complex payments landscape. As part of its New Economy focus, Qolo helps modern fintech firms protect and accelerate gig worker payouts, distribution payments, multi-currency and cross-border payments while lowering costs, stated Patricia Montesi, founder and CEO at Qolo.

We recently connected with Patricia Montesi, Co-Founder and CEO at Qolo, a Fintech firm focused on B2B payments and facilitating cost-effective cross-border transaction processing. Montesi discussed what her company is doing to help businesses with settling payments in a more efficient manner. She also talked about the current Fintech sector and how it has evolved over the years. Our conversation is shared below.

Qolo, the B2B payments hub for the New Economy, today launched its INTERACT embedded processing functionality and platform licensing solutions through its 100% native cloud capability, an industry first.

Technology is truly the backbone of payments. It can help transactions run smoothly, provide solutions to challenges faced by businesses, and more. But where does payments technology sit today? What’s coming next? How are new ways of approaching payments changing the industry and making things even better for professionals and consumers alike?