Nilos

Nilos is a cross-border payments company focused on emerging-market corridors, particularly Africa and Latin America. Through a single platform and API, customers can collect funds, convert currencies and pay out locally in more than 120 countries. Core products include multi-currency collection accounts that accept bank transfers and e-wallet payments without requiring overseas bank accounts, an FX/exchange service quoting major and exotic currency pairs in real time, local payout connectivity into banking and mobile-money rails, and digital-asset accounts supporting stablecoin collection, payment and exchange alongside crypto or IBAN funding.

The platform layers treasury and operational tooling on top of the payment rails: multi-organization account structures for headquarters and subsidiaries, custom payment approval workflows and granular access rules, automated reconciliation, payment status tracking and reporting. The company states same-day settlement for most transactions by connecting directly to local rails instead of correspondent banking chains, FX cost reductions of up to 50%, and 99.9% monitored uptime with real-time fraud monitoring [0][1][3].

At its 2022 funding announcement, Nilos was described as building a custodial wallet and unified platform connecting crypto wallets, corporate bank accounts and payment service providers so businesses could centralize treasury operations, track income and reconcile crypto and fiat flows in one ledger, execute crypto-to-fiat payouts, generate accounting reports and monitor suspicious sources of funds for anti-money-laundering purposes [5][7].