StoneX Group (SNEX) announced a strategic partnership with The Pathfinder Group to deliver institutional-grade cross-border payment capabilities for financial institutions. This partnership allows Pathfinder’s client base of financial institutions using Pathfinder’s WITS to access StoneX’s institutional-grade infrastructure and expansive global payments network, reducing friction in cross-border transactions and providing a level of access previously unavailable. Removing intermediary banks from the payment flow improves foreign exchange rates, accelerates processing, and heightens transparency for financial institutions and their customers. By integrating with Pathfinder’s WITS, StoneX expands its reach into financial institutions, a client segment that has historically lacked access to institutional-grade global payments and foreign exchange services. This partnership broadens StoneX’s reach, and reinforces its leadership in delivering efficient, compliant, technology-driven payments solutions across the financial services ecosystem.
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