KlickEx is a payments infrastructure focussed on reducing settlement risks for central banks and providing cross-border transfer services dedicated to financial inclusion.
KlickEx first launched its system in 2009 as an institutional platform targeting trading and settlement of regional currencies for banks; and in 2011 with UN Funding for Financial Inclusion, the platform was extended to more broadly target the formalisation of remittances and informal development flows in the region, targeting the unbanked, developing mobile operator and self-branded domestic Mobile Money services, and retail sector services including compliance.
By 2012, KlickEx was expanding in North America, Europe, and had been ranked as the number one low cost remittance service in all of Asia by IFAD and the World Bank, in terms of penetration and low cost at both wholesale and retail levels.
KlickEx is a driving force in the achievement of the Millennium Development Goals relating to low remittance costs, domestic digital inclusion, and financial education, lead and funded by revenues generated by cross border services.
Ranked as one of the top 10 financial innovations of 2013 by SWIFT, and listed by Bank Innovation Magazine as one of the top US innovators to watch in 2013 and 2014, the various KlickEx platforms have gained wide recognition. KlickEx has been named by Central Banks in the Pacific as a key agent of change, economic and fiscal stability, and central source of transaction reporting, transparency and compliance at a national or regional level, in line with regulator and consumer demand, worldwide.
SWIFT Top Fintech Company of the Year, Winner of the Innotribe Award 2013, SIBOS Conference, Society for Worldwide Interbank Financial Telecommunication.
Best Global Payments Initiative of the Year 2013, 2011, multi-currency high frequency multi-frequency multi-bank mobile money, Financial World Innovation Awards, London.
Best Community Banking Initiative 2013, Financial World Innovation Awards, Royal Chartered Institute of Bankers & British Bankers Association.
Top Low-cost Mobile Foreign Exchange Remittance Programme in All Asia, International Fund for Agricultural Development (IFAD) - 2013.
Best New Mobile Technology, Launch Silicon Valley Awards - 2012.
KlickEx system named as Highest Ranked, Low-Cost Remittance Product/Service in the South Pacific, World Bank and New Zealand and Australian governments 2010 - present.