To move money internationally you need a trusted partner.
Unsatisfied with traditional payment systems, innovative real estate investment platform LendCart partnered with IFX Payments, and in the process cut transaction processing time by 40-50% and saved up to 1.5% on FX costs.
Through ibanq, our market leading cross-border payments platform, LendCart have transformed their payment operations. The partnership has resulted in faster capital deployment and improved returns for LendCart’s international investors.
About the client
LendCart is the UK’s first AI-powered, voice-enabled secured real estate lending platform, founded in 2024. Built by a team of seasoned financial and property development professionals, they’re aiming to transform how individual investors access institutional-grade, asset-backed property investments in the UK real estate market, through intelligent automation and innovation. Their client base continues to grow rapidly, unlocking value for established developers while delivering consistent, risk-managed returns for investors.
The challenge
Before partnering with IFX Payments, LendCart faced challenges managing international payment operations, including:
- Real estate projects would experience delays in capital deployment due to inefficient and unpredictable cross-border payment systems.
- The limitations of conventional banking infrastructure also created unnecessary friction in transactions, and reduced scalability due to bottlenecks.
- The resulting operational strain on the finance team reduced their capacity to focus on strategic initiatives and frequent reconciliation issues from managing multi-currency flows further used up time and resources.
These challenges and the need for multiple intermediaries to handle various currencies directly impacted LendCart’s ability to fund projects quickly and maintain optimal returns for their investors.
What we did
A major benefit of ibanq is the ability to tailor the platform to the requirements and operational models of our clients. Addressing specific pain points is key but we also create scalable, efficient products that grow with you. This is how LendCart used ibanq to tackle the challenges above.
- Multi-currency virtual accounts provided a single, consolidated platform for managing all currency flows, and streamlining inbound and outbound transactions.
- Competitive FX rates significantly reduced foreign exchange costs.
- The intuitive platform interface simplified payment management and delivered real-time tracking for full visibility on transactions.
- Bespoke integration pathways and dedicated support from the IFX team slotted seamlessly alongside LendCart’s existing team and workflows.
Game changing results
Working with IFX Payments, LendCart have noticed measurable improvements in efficiency. These include a 40-50% reduction in processing time for both inbound investor capital and outbound disbursements and cost savings of up to 1.5% on foreign exchange transactions compared to traditional banking partners.
LendCart also saw:
- Dramatically improved cash flow predictability through enhanced visibility and control.
- The ability to consolidate funds faster and initiate project funding ahead of schedule.
- Reduced reconciliation time and minimized errors in transaction processing.
- Enhanced internal workflows and improved investor reporting capabilities.
- Quick and easy implementation and training due to the platform’s intuitive design.
- Improved scalability allowing seamless onboarding of new investors and processing of large transactions.
- Greater capacity for the finance team to focus on strategic initiatives rather than payment management.
In their own words:
“IFX Payments offered the speed, transparency, and control we needed to streamline our capital movement across jurisdictions. Their ability to tailor solutions to our operational model has allowed us to consolidate funds faster and initiate project funding ahead of schedule. The efficiencies we’ve gained have allowed us to redeploy capital faster, ultimately supporting better returns for our investors. The IFX team feels like a true extension of our business.” – Harshit Mishra, Relationship Director at LendCart
Looking for a service-led partner to boost the efficiency of your cross-border payments?
We’d be happy to chat about how you can gain similar benefits for your business. Get in touch with our team today.
All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.