Upfluence Selects Canadian Fintech Startup Payment Rails for Fast and Low Cost International Payouts to Global Influencers
Montreal, Canada – June 5, 2018 – Payment Rails, a global payout platform that enables businesses to send fast and low-cost payouts to freelancers, influencers, suppliers, and employees anywhere around the world, has been selected to power global influencer payouts for Upfluence, a global technology leader for influencer marketing.
Upfluence helps brands tell their story with powerful influencer & content marketing technology. Upfluence Software is an all-in-one SaaS that allows brands to identify and contact their influencers at scale. It offers influencer marketing, affiliation management and performance-tracking functionalities within a suite. The product caters to freelancers, SEM managers, marketing agencies, advertising agencies, PR agencies and in-house marketing departments.
“We are very excited to work with Upfluence in their effort to automate their cross-border payout needs. By working with Payment Rails, Upfluence can seamlessly pay their growing global influencer network through a single platform.” said Payment Rails’ Co-founder and CEO Tim Nixon.
“We were previously working directly with our bank for our international payout needs, which involved a lot of manual processes and was very costly. We realized that we would need a better solution as we began to scale. Payment Rails’ platform was the perfect solution for our needs which automated our complete accounts payable process, and reduced our costs by almost 80%.” said Upfluence’s Co-founder & CEO Vivien Garnès.
About Payment Rails Payment Rails is the next-generation cloud technology platform that enables businesses to send payments to any individual or company anywhere around the world, in any currency and to all major payment methods. Through its powerful API, businesses can access Payment Rails’ global banking, faster payment systems and real-time networks, at a fraction of the cost. Payment Rails can pay in 150+ currencies to 200+ countries for as low as $1 per transaction with real-time and transparent FX rates.
Payment Rails simplifies global mass payouts for online marketplaces, on-demand and share economy platforms, ad networks, affiliate platforms, app stores, and growing businesses with international payout needs. For more information, visit www.paymentrails.com or Twitter and Facebook
About Upfluence Upfluence Software is an all-in-one SaaS that allows brands to identify and contact their influencers at scale. Additional features such as campaign management, reporting tools and a payment processing platform simplify influencer interactions so brands can focus on their marketing goals. Upfluence Software is currently used by 100+ clients worldwide, including Microsoft, Air France, PayPal and Victorinox.