Ascendant

Ascendant provides international payments, delivered FX, forwards and automation of receivables and payables. The platform brings together ACH, bank wires and local payment rails, and it is aimed at companies and financial institutions.

Services

The listed services are international payments, delivery FX, forwards, and automation of accounts receivable and payable. Forwards allow a business to fix an exchange rate for a future payment, and automation reduces manual work in matching and sending supplier or customer payments.

Channels and integration

Payment channels are ACH, bank wires and local payment rails. An API Reference Guide is published at docs.api.ascendant.world, so developers can connect payment initiation and status tracking to their own systems.

Entity

The legal name given is AscendantFX Capital Inc., with an address at 150 King St. W, Suite 1902, Toronto. The allocation of entities and partners should be reviewed at contract level, and licences have to be requested for the entity that will serve the client.

Language

The website is in English.

Who it suits

Companies and financial institutions with recurring cross-border payments that need hedging by forwards and want to connect payment flows to accounting or banking systems by API.