Summary
Bound provides an FX hedging platform for businesses to manage currency risk and automate international payments. It offers transparent, pay-as-you-go pricing, multi-currency wallets, and tools for financial teams to stabilize cash flows and protect profits from exchange rate fluctuations.
Features8/15
See allMust Have
3 of 5
Transparent Low Fees
Multi-Currency Account
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Borderless Debit Card
Other
5 of 10
Business Account Features
Spending Analytics
Mobile App
Regulatory Compliance
Multi-User Access
Batch Payments
API Integration
Real-Time Rate Alerts
Invoice Creation
Customer Support
PricingUsage-based
See all0-20M
20-50M
50-100M
100-250M
250M+
Rationale
Bound offers FX hedging and international payment solutions primarily for businesses. While it emphasizes transparent pricing and multi-currency wallets, it focuses more on hedging and risk management rather than direct mid-market exchange rate transfers for general international payments like Wise. It does offer international payments and spot transactions, but the core value proposition is hedging. It explicitly states 'No Hidden Markups' and compares itself to Wise, indicating transparent fees. It also offers multi-currency wallets, fast settlement, user permissions, and real-time analytics, aligning with several 'other' features.
