Acquisition
Aug 2022Verto acquired its long-time technology and development partner Locusnine Innovations and brought that capability in-house.
SourceCross-Border Payments and FX Simplified
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Verto is a London-based B2B cross-border payments and FX fintech founded in 2017 by Ola Oyetayo and Anthony Oduwole. It serves businesses in emerging and developed markets with multi-currency accounts, payments, FX, and embedded-finance/API infrastructure; the company has also rebranded from VertoFX to Verto and moved its primary domain to verto.co.
Primary product
B2B cross-border payments and FX platform with business accounts and Atlas embedded-finance/API infrastructure
Founded
2017
Headquarters
London, United Kingdom
Team size
150-200
Work style
Flexible
Industry
Financial Services
Sub-industry
B2B cross-border payments, foreign exchange, and embedded finance
Offices
London, United Kingdom
Nairobi, Kenya
Cape Town, South Africa
Pune, India
Lagos, Nigeria
Dubai, UAE
Sliema, Malta
Business model
B2B payments platform
FX spread and commissions
API / embedded finance
multi-currency account platform
Funding
Stage
Series A (plus grant/award funding)
Total raised
$13.4M
Latest round
Biz Plan Competition - III · May 2025
Latest amount
$1M
May 2025 · Milken-Motsepe Prize in FinTech
Oct 2024
Sep 2021 · Quona Capital
Jul 2019 · Accelerated Digital Ventures
Mar 2019
People & investors
Leadership
Co-Founder & CEO
Co-Founder & CTO/CPO
Head of Engineering
Marketing & Growth Director
Client Experience Lead
Global Head of Compliance & MLRO
Director Product Strategy & Innovations
Work & culture
Mission-driven, transparent, customer-first, collaborative, and fast-moving; the company emphasizes curiosity, ownership, appropriate risk-taking, and going the extra mile.
Work style
Flexible
Compensation
Public hiring pages describe a competitive salary, and some roles mention yearly salary reviews tied to inflation, personal performance, and business performance; selected roles also advertise OTE/commission structures and location-based benefits.
Benefits
Comprehensive health plans
Pension plan
Free meals
Learning and development
Competitive salary
Yearly salary review
Professional development budget
Access to Udemy library
Work-from-anywhere policy for certain durations
Flexible work arrangements
Integration programme with global offices
Regular team social events
Insurance paid by the company
Location-dependent perks such as car lease, cycle-to-work, or gym membership
Product & market
Pricing
Primarily FX spread and commission-based pricing, with custom enterprise/API pricing for embedded-finance use cases
Differentiators
- —Focus on emerging markets, especially Africa
- —49 currencies and 190+ countries coverage
- —Multi-currency local accounts and fast settlement
- —Atlas API for embedded finance and white-label integration
- —Marketplace/liquidity model for price discovery
- —Compliance- and licensing-led infrastructure
- —Lower-cost cross-border payments versus traditional banks
Technology
Angular
AWS
AWS Lambda
Redis
MySQL
MongoDB
Node.js
Python
Terraform
Git
Jira
Salesforce
HubSpot
Intercom
Confluence
Swagger
SQS
AWS WAF
Flutter
BambooHR
Customers
Startups
Scale-ups
Mid-size businesses
Enterprises
SMEs
Freelancers
Banks
Fintechs
Marketplaces
Logistics companies
Construction firms
Manufacturers
Creator-economy businesses
Online retailers
Global payroll / treasury-heavy businesses
Competitors
Wise
Payoneer
Remitly
Flutterwave
Nium
Airwallex
Scale & contact
Estimated revenue
$10M-$25M
Signals & risks
Latest news
TechAfrica News · Jul 2026
Verto was included in CNBC/Statista’s 2026 top fintech ranking, reinforcing its momentum in cross-border payments and financial services.
Verto blog · Dec 2025
Company blog recapping product launches, three new offices, regulatory expansion, awards, and the domain move from vertofx.com to verto.co.
aptantech · Sep 2025
Coverage of Atlas Suite, an API-first embedded-finance product for fintechs and platforms, with Triply as an early adopter.
Verto blog · May 2025
Verto announced it won the Milken-Motsepe Prize in FinTech, a $1 million award recognizing cross-border payments innovation for emerging markets.
TechCabal · Apr 2025
A detailed profile of Verto’s product strategy, including treasury, FX, cards, and invoice-payment tooling.
Jobs and careers at Verto
4 jobs at Verto
Growth & Marketing Manager
Remote
Commercial
Dubai 🇦🇪; Dubai, UAE, United Arab Emirates
1mo ago
Remote
Full-time
Growth & Marketing Manager
Remote
Commercial
Cape Town 🇿🇦
1mo ago
Remote
Full-time
People Partner
Remote
Business Operations
Pune 🇮🇳
3mo ago
Remote
Full-time
Talent Partner
Remote
Business Operations
London 🇬🇧
5mo ago
Remote
Full-time