FTS.Money COO Sonya Kapur and Facephi Regional Head Azam Razzaq sign contract in London, to mark the beginning of a key strategic alliance
Facephi, a global leader in digital identity verification, has announced a new strategic alliance with FTS.Money, a Hong Kong-based fintech specialising in global payments and financial infrastructure modernisation. This partnership will allow FTS.Money to diversify their offerings by integrating Facephi’s Identity Verification (IDV) and Know Your Customer (KYC) solutions into its platform, providing customers with innovative capabilities to simplify and streamline processes.
Facephi’s solutions will be available through FTS.Money’s global financial infrastructure, a platform designed to enable clients to adopt new financial services in a fast and flexible manner. FTS.Money customers will benefit from “plug and play” capabilities to perform KYC/IDV checks using the integrated Facephi platform, reducing costs and implementation time.
Ajmal Samuel, CEO and founder of FTS.Money, highlighted “By integrating Facephi’s innovative technology into our service offerings, we can provide unparalleled digital identity solutions that enhance trust and security for our users. Together with Facephi, we are committed to setting new standards in the FinTech industry, providing our customers with comprehensive and reliable financial infrastructure solutions.”
Meanwhile, Azam Razzaq, Regional Head of Middle East and Pakistan of Facephi, stated: “This collaboration with FTS.Money strengthens our commitment to global expansion and the creation of accessible and secure digital identity verification solutions.”
Through this collaboration, Facephi and FTS.Money seek to revolutionize the digital experience for their clients by combining Facephi’s state-of-the-art technology with FTS.Money’s robust financial solutions, offering enhanced security and efficiency in global transactions. The agreement also aims to bring digital identity verification technology to new markets, with a special focus on Pakistan, the Middle East, and the Asia-Pacific region, further reinforcing Facephi’s leadership in identity verification.
About FTS.Money:
FTS.Money was launched in 2024 through a merger between Octo3 Group Holdings and Evantagesoft Limited. The combined team brings a 35-year track record of building successful cross-border payments infrastructure, core banking solutions and wallet systems. Their purpose is to make financial infrastructure smarter, safer, and simpler for everyone. Vision – A world where all businesses have instant access to real-time payment solutions. Mission – Develop, support, and evolve their global financial infrastructure to provide customers with fluid global payments and achieve their vision, click here.
