Case Study: Covercy accelerates transparent global payments with Microsoft Azure and Power BI

Using the cloud for transformative financial services that turn on a dime

Covercy, a provider of transparent and affordable international money transfers, faced the challenge of disrupting the traditional, costly banking model for small businesses. Their goal was to eliminate hidden fees and a lack of transparency by building a highly scalable and reliable global platform. To achieve this, they partnered with Microsoft Corporation and leveraged its Microsoft Azure cloud platform to develop their innovative peer-to-peer financial service.

By building its solution on Microsoft Azure and using Power BI for real-time analytics, Covercy gained the agility and insight needed to scale rapidly. The Microsoft solution enabled the company to automate processes, react quickly to market changes, and support a monthly transaction growth rate of 40 percent. This technological foundation allowed Covercy to provide a secure, low-cost service that transforms the financial experience for its clients, effectively leveling the playing field for small businesses.

Covercy

Boaz Zaionce

Chief Marketing Officer