StoneX Payments Appointed by Bank Mendes Gans to Power Global Cross-border Payment Expansion
AMSTERDAM/LONDON, Aug. 26 2025 – StoneX Group Inc. (NASDAQ: SNEX) today announced that its Payments Division (“StoneX Payments” or “the Company”) has entered into a strategic partnership with Bank Mendes Gans (BMG), a recognized leader in liquidity and cash management services. The collaboration is set to strengthen BMG’s capabilities in cross-border payments in thinly traded currencies by leveraging StoneX Payments’ industry-leading technology stack and last-mile delivery expertise.
BMG, renowned for its expertise in optimizing global cash flows, will significantly enhance its payment infrastructure through this alliance. StoneX Payments will facilitate foreign exchange and international payment processing in 140+ currencies and 180 countries via its API-driven platform, empowering BMG with access to its network of over 375 correspondent banks and alternative payment method endpoints. This integration aligns with BMG’s mission to deliver streamlined and transparent payment solutions to its global client base.
Thiago Vieira, Global Head of StoneX Payments, commented:
“This partnership with BMG is another meaningful step on our journey to build products and services that facilitate money movement and payment distribution for international organizations globally. Through our proven infrastructure, and powered by our state-of-the-art, proprietary new payment engine, XPay, we now have the privilege of serving over 85 banking institutions. We are thrilled to collaborate with such a respected partner in the industry and to support BMG in delivering enhanced value to their clients.
The adoption of StoneX Payments’ API-first platform will enable BMG to deliver a seamless international payment experience, offering clients faster settlement times, payment data validation, competitive FX rates, and mitigation of traditional inefficiencies caused by intermediary banks and legacy infrastructure. Furthermore, the partnership introduces new currency corridors and expands BMG’s geographic reach, providing clients with access to underserved and emerging markets.
Niels van Tol, Head of Business Development at BMG, added:
“Our collaboration with StoneX Payments represents a substantial evolution in the services we offer to our clients. StoneX’s global network and innovative infrastructure will allow us to broaden our liquidity management capabilities with new currencies and deliver enhanced flexibility and transparency in international transactions. We are confident this partnership will bring significant benefits to our clients navigating the complex global payment ecosystem.”
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service, and deep expertise. The Company strives to be the one trusted partner to its clients, providing its network, products, and services to allow them to pursue trading opportunities, manage their market risks, make investments, and improve their business performance. A Fortune-500 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ: SNEX), StoneX Group Inc. and its over 3,800 employees serve more than 54,000 commercial, institutional, and global payments clients, and more than 400,000 retail accounts, from more than 40 offices spread across five continents. Further information on the Company is available at www.stonex.com.
About BMG
BMG is a part of ING Group, specializing in liquidity and information management solutions. BMG operates globally, providing comprehensive services that include global liquidity management, international cash pooling, and cross-border payment solutions. With a strong focus on innovation and client-centric solutions, BMG has established itself as a leader in the financial sector, helping clients optimize their cash flow and manage their global liquidity needs efficiently. For more information, visit www.mendesgans.com.
See why StoneX is a partner of choice
Have questions about our products or services? We're ready to help.
StoneX: We open markets
Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.
Reach
With access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bi-lateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.
Transparency
As a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve; our financials and record of accomplishment are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.
Expertise
From our proprietary Market Intelligence platform, to “boots on the ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.
© 2025 StoneX Group Inc. all rights reserved.
The subsidiaries of StoneX Group Inc. provide financial products and services, including, but not limited to, physical commodities, securities, clearing, global payments, risk management, asset management, foreign exchange, and exchange-traded and over-the-counter derivatives. These financial products and services are offered in accordance with the applicable laws in the jurisdictions in which they are provided and are subject to specific terms, conditions, and restrictions contained in the terms of business applicable to each such offering. Not all products and services are available in all countries. The products and services offered by the StoneX Group of companies involve risk of loss and may not be suitable for all investors. Full Disclaimer.
This website is not intended for residents of any particular country, and the information herein is not advice nor a recommendation to trade nor does it constitute an offer or solicitation to buy or sell any financial product or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Please refer to the Regulatory Disclosure section for entity-specific disclosures.
No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc. The information herein is provided for informational purposes only. This information is provided on an ‘as-is’ basis and may contain statements and opinions of the StoneX Group of companies as well as excerpts and/or information from public sources and third parties and no warranty, whether express or implied, is given as to its completeness or accuracy. Each company within the StoneX Group of companies (on its own behalf and on behalf of its directors, employees and agents) disclaims any and all liability as well as any third-party claim that may arise from the accuracy and/or completeness of the information detailed herein, as well as the use of or reliance on this information by the recipient, any member of its group or any third party.