Neema launches FX Trading Room for business clients

Neema has launched an FX Trading Room on its business-to-business platform, giving financial institutions and businesses direct access to live foreign exchange rates and currency exchange.

The rollout marks the first time Neema has offered the function to clients as a standalone service, rather than limiting it to its own payment activity.

The service lets users request an FX quote, carry out a currency exchange and hold the converted funds in their Neema balance. Clients can then use those balances for payouts through Neema or transfer the funds elsewhere.

At launch, the offering covers seven currencies: USD, EUR, GBP, LKR, THB, CNY and ILS. Clients can maintain balances in multiple currencies for their own payment activity.

This structure lets businesses separate currency exchange from a specific payout. In practice, a client can exchange funds at one point and keep them on account to pre-fund future transactions.

Client access

Foreign exchange services have traditionally been led by banks, where exchange and settlement are often closely tied to payment execution. Neema is positioning the trading room as an alternative for institutions that want to manage the timing of exchanges more directly through a payments platform.

The service is designed for financial institutions and businesses operating across borders. Neema's wider platform is used by fintechs and electronic money institutions to move money internationally through a single application programming interface.

Its network supports transfers to more than 120 countries. The FX Trading Room extends that cross-border model by adding direct access to rate requests and currency conversion within the same platform.

Cost pressure

Exchange-rate volatility remains a central issue for companies managing international payments, supplier invoices and treasury flows across multiple currencies. A service that lets firms hold exchanged funds before a payout can change how they manage liquidity, particularly when payment timing does not match the most favourable point for conversion.

Businesses using the service may seek to reduce the costs associated with converting funds only at the moment of payout. By holding balances after a trade, they can decide separately when to convert and when to disburse.

This also gives finance teams another option for managing working capital in overseas markets. Instead of linking every foreign exchange transaction to a single outbound payment, firms can build and maintain currency balances for later use.

Moshe Kimhi, Chief Executive Officer, Neema, described the launch as a response to client demand for greater control over liquidity in changing markets.

"Providing a solution that gives our clients liquidity in a quickly changing market is a massive game changer," said Moshe Kimhi, Chief Executive Officer, Neema.

"With fluctuating exchange rates, this capability allows clients to have more control over when and how they transfer money around the world, with the potential to save significant costs," Kimhi said.

Platform expansion

Neema began with digital accounts aimed at helping individuals send money internationally and has since expanded into business infrastructure for cross-border payments. Its current client base includes financial institutions that need access to payout networks and international transfer routes.

The FX Trading Room has been built into Neema's existing business platform rather than offered as a separate product. That means clients already using Neema for payment flows can add foreign exchange execution and balance holding within the same operational setup.

For firms with recurring obligations in several markets, access to balances in USD, EUR, GBP and other currencies may allow them to stage funds ahead of payroll runs, supplier payments or settlement requirements. It also brings treasury activity closer to the payment layer, rather than leaving foreign exchange execution entirely in the hands of banks.

The launch adds another competitive point in the crowded cross-border payments sector, where providers are trying to combine transaction processing with treasury tools that have typically sat elsewhere in the financial system. Clients can request an FX quote, execute the trade and hold the converted currency in their account for later use.