SINGAPORE, 29 April
MonetaGo and Digital Vault Services GmbH (DVS) have announced a new strategic partnership which will bring together DVS’s market infrastructure solution for digital guarantees and MonetaGo’s expertise in financial infrastructure solutions and fraud prevention.
The partnership will provide financial institutions with enhanced solutions for digital transformation, transaction security, and regulatory compliance.
The shared focus of the partnership is on delivering reliable, interoperable infrastructure to support the evolving needs of global financial markets.
“With Guarantee Vault, DVS has established the leading market infrastructure solution for issuing and safekeeping Digital Guarantees – a transformative innovation that delivers a single, trusted source of truth to all parties across the entire transaction lifecycle” says Jaime Gimeno, Co-CEO Digital Vault Services GmbH. “We’re excited to collaborate with Neil and the MonetaGo team to bring this transformative solution to new markets outside Europe.”
The MonetaGo and DVS collaboration will focus immediately on select Middle East, Africa, and South-East Asia geographies prior to expanding into other regions in late 2025.
“Helping financial institutions access cutting-edge technology to expedite their processing and workflows alongside business-critical, real-time fraud checks will aid safer transactions and trade environment”, says Neil Shonhard, CEO of MonetaGo. “This collaboration with DVS and continued growth and adoption of the MonetaGo system underlines the significant progress made in delivering on our commitments to reduce risks in trade finance through the detection and prevention of fraud.”
Read the full press release here: https://lnkd.in/ecgXJ5KU
