Reltime partners GNB Swiss Investments for cross-border payments
By Gloria Methri
Reltime, a Web 3.0 FinTech specialising in payment technologies, has announced its partnership with GNB Swiss Investments AG, a financial institution known for its innovative solutions. Together, the companies are aiming to revolutionise the financial landscape by unveiling a cost-effective and unrestricted cross-border payments platform with global impact.
The platform transcends traditional barriers, empowering individuals and businesses to execute cross-border payments seamlessly, efficiently, and without the constraints of geographic limitations.
Established in 2013, GNB Swiss Investments AG is a private equity investment and project finance firm based in Zurich. It collaborates with the Swiss Financial Market Supervisory Authority (FINMA) regulated financial service providers, major telecom operators, and banks in 30 countries across the MENASA region.
Serving a vast network of over 2 billion users through its global customer network, GNB Swiss solidified its technology reputation through the acquisition of patents, licenses, and technologies.
“At GNB Swiss, we have always been committed to pushing the boundaries of financial innovation. Teaming up with Reltime to introduce a highly Economic & Geographically Unrestricted Cross-Border Payments is a testament to our shared dedication to providing transformative solutions,” said Hani Salem, Chairman and CEO at GNB Swiss Investments AG. “This revolutionary milestone will reshape the way global transactions are conducted, fostering economic growth and financial inclusion on a global scale.”
Reltime’s expertise in developing Web3 SuperApp and innovative services complement GNB Swiss’ commitment to excellence, making this collaboration a natural fit. By harnessing the power of technology, the partnership aims to redefine the future of cross-border payments, addressing the challenges that have historically hindered swift and cost-effective international transactions.
“We are excited to join forces with GNB Swiss Investments AG to introduce a solution that will change the dynamics of cross-border payments,” said Marlene Julo, Co-founder and Chair of Board at Reltime. “Our combined efforts will unlock new opportunities for businesses and individuals, fostering stronger global connections and driving economic progress.”
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January 16, 2024
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