Argentex selects Numeral as payment technology provider
Numeral, a Mambu company and leading payment technology provider for financial institutions, and Argentex Group PLC, a London-headquartered currency risk management and alternative banking specialist, today announced that Argentex has selected Numeral as its strategic payment technology provider to transform its payments and FX infrastructure.
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This partnership enables Argentex to streamline its connectivity with banks including Barclays Bank Plc and Citi through a single integration point, supporting operations across 140 currencies in the UK, EU, UAE and Australia.
“By selecting Numeral’s payment technology, we are reinforcing Argentex’s position at the forefront of multi-currency payment processing,” said Tim Rudman, Chief Operating Officer at Argentex. “The platform’s ability to centralise banking access through a single integration significantly reduces operational complexity while enabling us to uphold the highest standards of security, control, and compliance across our global payment operations.”
The implementation of Numeral’s platform provides Argentex with several key advantages:
Comprehensive banking integration coverage through a single platform, optimising payment execution efficiency across multiple banking partners for Swift, SEPA, and UK Faster Payments
Advanced reconciliation capabilities ensuring precise financial record-keeping and operational accuracy of cross-border payments and associated FX trades ● Flexible architecture supporting parallel instances for different geographical regions and business units, maintaining strict control and compliance standards.
“Argentex’s sophisticated requirements leverage the full potential of the Numeral platform and expertise—from managed multi-bank connectivity to the management of dozens of settlement accounts across multiple currencies and automating FX trade reconciliations. We are proud to support a global currency expert like Argentex in their ongoing pursuit of efficiency and innovation,” says Édouard Mandon, co-founder and CEO of Numeral.
This partnership underscores Argentex’s commitment to innovation in currency management and payments, reinforcing its ability to deliver best-in-class financial services to corporates and financial institutions worldwide.