Verto Empowers US Businesses with New Cross-Border Payment Solution

7 April 2026, London, UK – Verto, a global leader in cross-border payment solutions, has unveiled an innovative offering under its Verto Business Accounts, tailored specifically for US-registered businesses with ties to Africa. This advancement allows companies to conveniently open USD accounts in their business names, facilitating swift and cost-effective money transfers between the United States and African markets.

The Challenge: Cross-Border Banking Limitations

Many US-based companies engaged in African markets face significant hurdles, including delayed or blocked transactions by US banks, high foreign exchange costs, and limited access to emerging market payment systems. Businesses lacking a US bank account under their name often resort to inefficient tools or intermediaries, impeding their operational growth.

Introducing Verto’s Solution

Verto’s platform addresses these banking inefficiencies by offering US businesses named USD accounts linked to a robust cross-border payment infrastructure. This solution allows companies to seamlessly move funds and settle transactions in local currencies with exceptional efficiency.

Benefits for Businesses

Built for venture-backed startups, SMEs in import-export, and investors in emerging markets, Verto’s solution provides a range of benefits:

• Direct receipt of funds into a named USD business account from US-based customers or investors.
• Quick and cost-effective conversion between USD and local currencies such as NGN (Nigerian Naira) and KES (Kenyan Shilling).
• Management of 48 currencies from a single, user-friendly dashboard.
• Instant payments to contractors, suppliers, and offshore teams via local payment rails.
• Provision of virtual cards for spending in 11 currencies without incurring fees.
• Customized onboarding and monitoring that align with both US and African regulatory frameworks.

Streamlined Operations for Global Trade

By melding US and African compliance knowledge, Verto’s Business Accounts facilitate a US domestic presence for companies. This enables teams to efficiently pay global contractors and settle trades in local currencies, ensuring smooth trade, payroll, and investment transactions—free from the risks of delays or blocks.

A Vision for Cross-Border Business

“We believe founders building across borders should not be constrained by the limitations of traditional banking,” stated Ola Oyetayo, CEO of Verto. “Providing named accounts in the US empowers businesses with the funds they need to operate globally, connecting the US and Africa more efficiently without friction.”

Verto’s Track Record

With over eight years in operation and an impressive $25 billion in annual global cross-border transaction volume, Verto provides the essential infrastructure, expertise, and trusted payment rails that businesses need to expand confidently into new markets.

*Verto’s US Account services are offered through VertoFX INC (Delaware MTL: 041774, Wyoming MTL: 7374, Illinois MTL: MT.0000513) in collaboration with Verto FX LTD and Community Federal Savings Bank (CFSB).

About Verto

Verto is a global B2B fintech company that enables businesses, regardless of size, to access enterprise-level cross-border payment solutions, foreign exchange services, and banking capabilities. With a developed technological infrastructure, Verto facilitates instant money transfers across 190 countries and currency conversions in 49 different currencies, supporting over 4,000 businesses from startups to large corporations in sending millions of dollars each year.