| | MAY 20229FABLE'S WELL-ESTABLISHED NETWORK OF INTEGRATIONS, INTERMEDIARIES, AND LICENSE & COLLECTION PARTNERS WILL ALLOW XEOPAR TO TAKE THE SETTLEMENT TIME-SENSITIVE REMITTANCES INDUSTRY ON A COMPETENT NOTEremittance providers and their customers. The shared vision between the two companies creates a partnership that aims to strengthen the industry as a whole. Fable FinTech is a global banking infrastructure and financial technology company offering SaaS platforms for cross-border, corporate, trade, and FX transactions. XeOPAR's association with Fable FinTech brings a new focus on affordable, customer-friendly small-value transactions, starting with corridors in the UK.Since its inception in 2017, Fable has already executed projects for 40+ banks and money transfer operators across 12 countries and successfully processed transactions worth $11 billion in the process. But it goes beyond. Besides providing technology-powered domain expertise in payments, Fable FinTech also believes in championing causes that add practical, sustainable benefits to customers. With robust, mature, well-established platforms and pre-integrated networks, Fable is uniquely positioned to support others in the payments space and transform their visions into reality. XeOPAR is a case in point.Recently, Fable also announced its foray into five key regions including the US, UK, Africa, Middle East and Asia Pacific through dedicated offices and leadership teams. By 2024, the company expects its global process flows to around $40 billion in wake of the cross-border banking infrastructure business opportunity. Fable has also strengthened its team presence across the new markets by inducting marquee talent with decades of country experience, and successful careers at global financial institutions.
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