Convera

Convera is a global B2B payments and FX risk management platform that helps businesses send and receive international payments, manage currency exposure, and streamline cash flow. They offer solutions for various industries, including education, financial institutions, and payroll, leveraging an extensive global network and robust compliance.

Convera offers global payment solutions for businesses, including sending and receiving international payments, managing currency risk, and cash flow management. While they emphasize transparent fees and a global network for fast transfers, they do not explicitly state using the 'mid-market exchange rate' for all transactions, noting their currency converter uses interbank rates for large transactions and that rates for smaller customers will vary. They offer multi-currency holding balances for receivables and robust compliance. They also provide batch payments, API integration, and business-focused features, aligning with many 'other' features. However, the absence of a clear 'mid-market exchange rate' for all transactions and a 'borderless debit card' reduces the confidence score for a perfect match with Wise's core value proposition.