Case Study: Everimpact cuts international wire transfer costs with Memo Bank

How climatetech company Everimpact has reduced its international transfer fees with Memo Bank’s transparent and no transaction fee pricing

Everimpact, a climatetech company that measures carbon emissions, faced high transaction fees and operational delays with its international transfers from a traditional bank. The process of adding new payment beneficiaries was slow and cumbersome, which was a significant challenge as 90% of its revenue comes from international sources. They sought a solution from Memo Bank.

Memo Bank provided transparent pricing with no transaction fees for international SWIFT transfers and enabled the instant, secure addition of new beneficiaries via smartphone validation. Furthermore, Memo Bank’s DSP2 API allowed for a seamless integration with Everimpact's Odoo ERP. As a result, Everimpact eliminated its transaction fees and streamlined its financial operations, saving both time and money.

Everimpact

Mathieu Carlier

Cofounder and CEO