Form3 launch a New Cross Border Offering with Goldman Sachs Transaction Banking

Global· 8min April 12, 2022

Form3 clients gain access to FX payments in 124 currencies across 163 countries. [1]

Goldman Sachs Transaction Banking (TxB) and Form3, the leading cloud-native payment technology provider, today announced a new solution that delivers FX and payments capabilities to Form3’s banking clients.

Form3’s platform will leverage TxB’s cross-border payments and Foreign Exchange (FX) execution capabilities to introduce a value added service for Form3’s regulated financial institution customers.

Powered by TxB’s APIs, the offering will provide Form3 customers competitive, real-time FX rates coupled with payment execution and tracking capabilities.  The functionality is integrated into Form3’s platform, providing users with added choice and flexibility to their payments. Against the backdrop of an increasingly dynamic market for cross border payments, TxB is helping Form3 customers scale their international offering with additional FX and payments functionality.

“By working with Goldman Sachs Transaction Banking, Form3 was quickly able to add FX payment functionality within our ecosystem, enabling our clients' global growth and expansion as well as ours.”

Michael Mueller · Chief Executive Officer

Art Brieske, Goldman Sachs’ Global Head of Payments Products, commented: “We are excited to deepen our relationship with Form3 and provide global FX and payments capabilities to meet the needs of their fast-growing clients. With our innovative technology platform, we have been able to simplify the payment experience for our clients and their customers.”

Form3 Media contact

Paul O’ Grady

Good Advice PR

M: +49 17682374030

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About Form3

Form3 design, build and run the technology that powers the future of payments. Founded In 2016, Form3 set out to revolutionise the world of payment processing and disrupt the traditional payment infrastructure model, with an always on, cloud-native, Payments-as-a-Service platform. Today, Form3 is trusted by some of UK and Europe’s biggest Tier1 banks and fastest-growing fintechs to handle their critical payments architecture. Form3 has been awarded Best Cloud Payments Platform 2021 by Paytech and Fintech Finance, most influential fintech company in 2021 by The Financial Technologist and ranked in the Top European Fintechs to watch by Sifted 2020.

About Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

About Goldman Sachs Transaction Banking

Goldman Sachs Transaction Banking, through Goldman Sachs Bank USA, is building a modern, digital-first, and cloud-based business to help clients build the future of their Treasury. The business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up.

[1] As of April 12, 2022