
Cross-border payments for emerging-market businesses
vertofx.com (opens in a new tab)Verto provides cross-border payment and liquidity services for businesses in emerging markets, tackling illiquid currencies, high fees and slow transfers. It began as a foreign exchange service for the Nigerian naira and has grown into a broader platform through which thousands of businesses move billions of dollars a year. Africa remains a central market, reflecting the background of British-Nigerian founders Ola Oyetayo and Anthony Oduu, and the company aims to give emerging-market firms the easy payment and liquidity tools that developed markets take for granted. Verto has won the Milken-Motsepe Prize and appeared on CNBC's list of fastest-growing UK companies, the Deloitte Fast 50 and Sifted's ranking of fast-growing UK tech companies.