What RTGS.global does

RTGS.global is a London-headquartered fintech that operates a cloud-native SaaS platform for instant cross-border settlement between financial institutions. The company was founded in 2015 and is privately held, operating through RTGS Global Limited. Its core proposition is to replace legacy correspondent banking with direct peer-to-peer settlement between banks, payment service providers (PSPs), and money transfer operators (MTOs), reducing settlement cycles from days to seconds and eliminating Herstatt risk through Payment-vs-Payment (PvP) mechanics.

The platform is built on Microsoft Azure and accessed via a single REST API or a screen-based UI, supporting ISO 20022 and FIX messaging standards and CloudEvents v1.0 webhooks for asynchronous event delivery. Proprietary components include the trademarked Liquidity Lock™ and Liquidity Block™ services for settlement certainty, an FX Marketplace for competitive rate discovery, and a Decentralized Identifier (DID)-based security model. The network supports 40+ currencies across G20 and emerging markets and operates 24/7/365. As of early 2026, it had 35+ currencies live, 14+ global banks in its Banks Working Group (UBS, HSBC, BNY Mellon, Barclays, Standard Bank, and others), and named Funds Controllers including PayPorter (TRY), TransferMate, and Mongol iD (MNT, KGS).

RTGS.global monetizes through SaaS subscriptions and transaction/settlement fees on a quote-based enterprise pricing model, with no publicly disclosed price points. Revenue is generated as participants "cut out the correspondent, keep the margin." The go-to-market is enterprise field sales augmented by an API-first self-serve developer portal, industry event presence (Sibos, PAY360, Mauritius Fintech Conference, ASEAN workshops), and a community-led Banks Working Group that co-develops the product roadmap. The primary customer segments are commercial and development banks (primary), PSPs (primary), MTOs, and fintechs, all of which must be fully regulated financial institutions.

Name

RTGS.global

Legal name

RTGS Global Limited

Website

https://rtgs.global

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

RTGS.global is a London-based fintech operating a cloud-native SaaS platform that enables instant cross-border settlement between banks, payment service providers, and money transfer operators via a single API, supporting 40+ currencies and Payment-vs-Payment mechanics.

Ownership category

akta.pro rank

Product category

Cross-border Payment Settlement Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Real-Time Payments (RTP) Processing & Clearing (FSAMAHAC)

akta.pro secondary industries

Instant Payment Scheme Connectivity & Processing (e.g., FedNow, SEPA Instant, Faster Payments) (FSAMAHAD), Wire/RTP Reconciliation, Settlement & Nostro/Vostro Support (FSAMAHAH), Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity) (FSAGAKAH), Wire/RTP Message Formatting, Routing & Translation (ISO 20022 / MT-MX) (FSAMAHAE), Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• Cross-border settlement
• Instant payment network
• Interbank liquidity platform
• Payment-versus-payment infrastructure
• FX settlement services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. SaaS Platform Subscription: RTGS.global operates as a SaaS platform connecting financial institutions through subscription-based access to its settlement network. Financial institutions (banks, PSPs, MTOs) pay to integrate via API and access the network of liquidity providers and counterparties. The platform enables instant cross-border settlement, and revenue is derived from transaction settlement fees as participants 'cut out the correspondent, keep the margin.'
2. Transaction/Settlement Fees: Revenue generated from settlement transactions processed through the network. The platform eliminates correspondent banking intermediaries, allowing participants to retain margins previously lost to intermediary fees. The company targets capturing value from the $18 trillion daily international settlement market by enabling faster, cheaper settlements.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

RTGS.global operates a cloud-native SaaS platform that enables instant cross-border settlement between financial institutions through Payment-vs-Payment (PvP) mechanics. The platform connects commercial banks, payment service providers, and money transfer operators via a single REST API or screen-based application, supporting settlement across 40+ currencies (fiat and digital assets) on a 24/7/365 basis, eliminating the need for traditional correspondent banking intermediaries.

Product overview

RTGS.global is a next-generation cross-border settlement company offering a unified SaaS platform that makes international payments as fast as domestic ones. The core product is the RTGS.global Core Settlement Platform, which provides instant, irrevocable Payment-vs-Payment settlement 24/7/365 through a single API integration. Supporting the platform are the FX Marketplace for competitive rate discovery, the trademarked Liquidity Lock and Liquidity Block modules for guaranteed settlement certainty, and the Screen-Based Application for institutions preferring UI-based access. The product suite also includes developer tooling: the Participant Gateway API and Signing API for programmatic integration, an MCP Server for AI assistant integration, a Local Emulator for development testing, and a Participant Portal for transaction management. The Banks Working Group initiative enables industry collaboration on product roadmap and pilot programs. The platform supports 35+ currencies including emerging market currencies, with active corridors such as Tajikistan–Turkey and pilot corridors across Central Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• RTGS.global Core Settlement Platform Cloud-native SaaS platform enabling instant cross-border settlement between financial institutions, connecting banks, PSPs, and money transfer operators via a single API or UI integration. Delivers Payment-vs-Payment settlement in seconds and operates 24/7/365.
• FX Marketplace Integrated FX rate discovery and exchange service enabling participants to access competitive FX rates across the member network, select the best quote, and execute currency conversion as part of the settlement process.
• Liquidity Lock Trademarked liquidity management service that locks liquidity during the settlement process to ensure payment certainty and prevent failed transactions, guaranteeing funds are available for instant cross-border settlement.
• Liquidity Block Trademarked service for managing and optimising liquidity allocation across the settlement network, working in conjunction with Liquidity Lock to ensure funds are available for instant cross-border settlement.
• Screen-Based Application Configurable, secure web-based UI that enables smaller and medium-sized financial institutions to use RTGS.global without extensive API integration projects, providing intuitive workflows with full audit trails.
• Participant Gateway API RESTful API enabling participants to send payment instructions, receive settlement confirmations, manage FX quotes, and access account balances programmatically on the settlement network.
• Signing API API for creating and verifying digital signatures using decentralized identifiers (DIDs) and verification keys derived from secure wallet seeds, handling authentication and message integrity for production deployments.
• Participant Portal Web-based user interface for participants to conduct testing or live transactions, featuring accounts management, real-time balance monitoring, relationship management, FX quote exchange, payment approvals, and transaction tracking with MFA and SSO.

Quantifiable outcome

• Settlement time reduced from days to seconds
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature11 records

Partnerships

Five partnerships are on record, tiered minor and core.

• MAGMA FinanceminorStrategic or Co-development Partner · 18 March 2026Strategic partnership announced at the Mauritius Fintech Conference, focusing on financial technology developments in the region.
• Mongol iDcoreTechnology or Integration · 3 March 2026Mongol iD, the largest payment infrastructure firm in Mongolia, joined as Funds Controller for Mongolian Tögrög (MNT) and Kyrgyzstani Som (KGS), strengthening UK-Central Asia payment corridors. The partnership expands RTGS.global's reach across Central Asia and CIS region, with Mongol iD's founder relocating to Oxford to support UK market expansion.
• TransferMatecoreTechnology or Integration · 25 November 2025TransferMate is a key strategic partner powering RTGS.global's network expansion. As the world's leading provider of embedded B2B payments infrastructure, TransferMate enables institutions participating in RTGS.global to access a wide selection of major currencies and local domestic rails via a single integration with the RTGS.global API. The partnership combines TransferMate's worldwide payment infrastructure and regulatory footprint with RTGS.global's transformative technology for true instant settlement at scale.
• PayPortercoreTechnology or Integration · 11 June 2025PayPorter joined RTGS.global as a Participant and designated Funds Controller for Turkish Lira (TRY). With operations spanning over 185 countries, PayPorter enables instant currency corridors between Turkey, the United Kingdom, the Eurozone, and Central Asia. The partnership eliminates inefficiencies of legacy clearing processes and reduces reliance on intermediaries.
• Banks Working Group MemberscoreStrategic or Co-development PartnerRTGS.global's Banks Working Group comprises select banks from each region including UBS, Standard Bank, BNY Mellon, HSBC, ABN-AMRO, Barclays, CaixaBank, NatWest, CIC, RBC, Societe Generale, Wells Fargo, TD Securities, and FirstRand. Members actively drive industry innovation, contribute to product roadmap, participate in global pilots, and help deliver on G20 roadmap for cross-border payments.

Scale indicators8 records

Recent moves9 records

Expansion highlights7 records

Broad incumbents

• Western Union: Western Union is the incumbent global remittance and cross-border payments operator, with established bank and MTO integrations — the dominant legacy player RTGS.global aims to disintermediate via instant settlement.
• Visa B2B Connect: Visa's B2B Connect network provides cross-border B2B payment rails for financial institutions, leveraging Visa's global network to address similar correspondent-banking inefficiencies targeted by RTGS.global.
• SWIFT gpi: SWIFT's global payments innovation initiative is the dominant incumbent for cross-border bank messaging and is now offering faster, traceable cross-border payments — the primary network RTGS.global is positioning to disrupt.
• JPMorgan Onyx: JPMorgan's Onyx platform uses blockchain-based infrastructure (including JPM Coin) for institutional cross-border payments and settlement — a large incumbent exploring the same wholesale, instant-settlement frontier RTGS.global targets.

Direct peers

• Wise (formerly TransferWise): Wise operates a cross-border payments network connecting bank accounts globally with mid-market FX, addressing many of the same correspondent-banking pain points RTGS.global targets — though focused more on consumer/SMB rather than interbank settlement.
• MoneyGram: MoneyGram operates a global remittance and cross-border payments network connecting consumers and financial institutions, with a comparable geographic reach (185+ countries) — addressing similar cross-border settlement pain points.
• Payoneer: Payoneer provides cross-border B2B payment infrastructure for SMBs, marketplaces, and freelancers, with multi-currency accounts and FX capabilities overlapping with RTGS.global's local currency business accounts in 40+ currencies.
• Ripple: RippleNet and Ripple's On-Demand Liquidity product provide cross-border settlement for banks and payment providers using blockchain-based rails — the same core use case as RTGS.global, with comparable institutional bank customers and PvP-style settlement claims.

Emerging players

• Fnality International: Fnality is building wholesale CBDC-based settlement systems for interbank cross-border payments — directly aligned with RTGS.global's stated vision of 'Gold Standard Rails' and central bank money settlement.
• Circle: Circle's USDC stablecoin and cross-border transfer network (including Circle Payment Network) target many of the same inefficiencies in cross-border payments — fiat and digital asset interoperability is a shared feature with RTGS.global.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rtgs-global

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RTGS.global