Convera

convera.com · Denver, United States of America

Convera is a global B2B cross-border payments and foreign exchange provider that helps businesses, educational institutions, and financial organizations send and receive international payments in multiple currencies. It offers a technology platform, payment processing, and FX risk management services, generating revenue through transaction fees, FX spreads, and related payment services.

  • Payment Processing
  • Cross-Border Payments & FX
  • Embedded Finance & Banking-as-a-Service
Revenue
$900.0M
Employees
2,000
Founded
2021
Headquarters
Denver, United States of America

What 5 Arbolus experts think of Convera

NPS ratings range from 5 to 10. 40% of experts are highly likely to renew, with another segment unsure due to early-stage adoption. Most users are still in their first year of implementation, indicating a growth and learning phase. Positive feedback centers around international payment enablement, currency flexibility, and ease of integration. Some concerns are flagged around coverage expansion and settlement timelines. Overall Customer Sentiment: Positive

Who reviewed Convera

Total customers 5 5 current · 0 former
Reviews growth +2 in six months
Seniority of respondents
  • C-Suite 60% (3)
  • Director 40% (2)
Finance Leader C-Suite NPS 10 Will renew
Revenue Leader C-Suite NPS 5
Operations Manager Director NPS 8

Employer names and spend open in the full report, along with the other 2 customers.

Everything 5 customers told us about Convera.

Employer names, spend, renewal intent and every written answer behind the numbers on this page.

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Sentiment

0 Net Promoter Score, from 5 scored reviews
  • Promoters 2
  • Passives 1
  • Detractors 2

Cumulative NPS by month

-2 over 5 months
  • Jan 10
  • Feb 9
  • Mar 8
  • Jul 7
  • Sep 8

Net Promoter Score across 2 reviews, accumulated up to each month. Category median 4 across 2 companies.

Praised

  • Expansion with Client Growth
  • Broader Payment Support
  • AI-Enhanced Capabilities
  • Comprehensive Multi-Currency Capabilities

Criticised

  • Potential Coverage Gaps for Growth
  • Suitability for Small Operations
  • Limited Corridor and Currency Coverage
  • Limited Suitability for Single-Currency Entities

What customers say

Comprehensive Multi-Currency Capabilities
“I rely on Convera for international FX payments and managing multiple currencies, which has simplified our cross-border operations.”
Enabling Market Differentiation
“Convera allows us to provide innovative payment capabilities, such as direct PHP payments, helping us serve unique customer segments in our region.”
Streamlined Global Payments
“Integrating Convera has reduced the need for maintaining multiple correspondent banking relationships, making international payments more efficient.”

Renewal intent

Plan to renew 67%
  • Will renew 2
  • Undecided 1
  • Not renewing 0

Plan to renew, by seniority

  • C-Suite 100% 2 answers
  • Director 0% 1 answer
  • 8/10 Average score from customers who will renew
  • 10/10 Average score from undecided customers

Top alternatives

Most weighed by Convera customers

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For people who use Convera

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