Statrys enhances SME financial management with streamlined international payments

It offers SMEs multi-currency business accounts, competitive FX rates, and seamless integration with financial tools.

With its dedication to providing cutting-edge financial solutions for small and midsize enterprises (SME), fintech solution Statrys continues to excel in cross-border payments and innovative financial technology.

Its flagship product, the multi-currency business account, supports 11 different currencies and enables local payments in 14 currencies through its partnership with cross-border payment infrastructure. This allows clients to manage their finances efficiently and conduct international transactions with ease.

Statrys has also launched several initiatives to enhance its service offerings. This includes its integration with Xero, which automates financial management and reduces accounting workload for SMEs. Another one is the SWIFT payment tracking, which provides real-time updates and improves transparency and security for international transactions.

Its continuous investment in technology is also highlighted through the upgrade of its cloud-native Amazon Web Services infrastructure, implementation of advanced security measures including Advanced Encryption Standard encryption and multi-factor authentication, and leveraged artificial intelligence and machine learning for fraud detection and anti-money laundering compliance.

The company has also strengthened its ESG initiatives by donating a portion of each transaction fee to organisations dedicated to cleaning oceans.

Statrys’ remarkable innovation is reflected in its financial performance. Over the past year, the company has experienced a 70% increase in client acquisition, resulting in a 100% increase in payment processing volume—a trend expected to continue through 2024 and into 2025. The Statrys team has also expanded by 32%, ensuring they are well-equipped to support this growth and continue delivering exceptional service.

The company’s innovative solutions streamline local and international transactions, ensuring security, compliance, and exceptional customer support. This has been acclaimed by the coveted HKB Technology Excellence Awards 2024, with Statrys winning the Fintech - Payments category.

The prestigious awards programme celebrates innovation and excellence in Hong Kong's dynamic tech landscape, highlighting companies that lead the way in technological disruptions within its industries.

The Hong Kong Business Technology Excellence Awards is presented by Hong Kong Business Magazine. To view the full list of winners, click here. If you want to join the 2025 awards programme and be acclaimed for your company's outstanding contributions in pursuit of technological innovation, please contact Julie Anne Nuñez at [email protected].