Fintech One•On•One #398: Patrick Gauthier of Convera
Nov 30, 2022
29:12
When we think about cross-border payments, we typically think about consumer payments, people sending money back to their home country. But the business-to-business market for cross-border payments is many times larger and more complex.
Our next guest on the Fintech One-on-One Podcast is Patrick Gauthier, the CEO of Convera. Now, you may not have heard of Convera, they used to be Western Union Business Solutions. This business was spun out of Western Union last year and rebranded. Convera is actually the largest non-bank cross-border commercial payment company on the planet.
In this podcast you will learn:
- What he saw as the opportunity with Convera.
- Why they are focused on cross-border payments.
- Convera's core product offerings today.
- Their core technology behind the facilitation of payments.
- The geographic corridors where they see the most activity.
- The largest currency pairs in terms of volume.
- How they make cross-border payments simple and predictable.
- How they quickly reacted to the Russian invasion of Ukraine.
- How they are able to keep track of regulations in every country.
- Patrick's views on crypto and how it applies to cross-border payments.
- The volume of payments they processed last year.
- What Patrick has brought to Convera from his time at Amazon.
- Their plans for 2023.
Connect with Patrick on LinkedIn
Connect with Fintech One-on-One:
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- Find previous Fintech One-on-One episodes