How Trace simplified international remittance for Conta Simples

Trace simplified international remittance

Conta Simples is part of Trace’s client portfolio and uses our FX solution to make international remittances. Rodrigo Tognini, CEO of Conta Simples, shares his experience using this service and how the solution simplified a process known for being bureaucratic and time-consuming.

Offering accounts, corporate cards, and expense management software all in one place, Conta Simples was chosen as one of the 100 Startups to Watch in 2022. Rodrigo Tognini, CEO of the startup, says he learned about Trace through client and investor referrals: “Referral is the best channel.”

He comments that he already had experience with other international transfer platforms, but “when comparing one to the other, there are two things that stand out [at Trace]: price, when it comes to exchange, fees are something that makes a difference […] and most importantly, experience.”

For Rodrigo, price and experience were two differentiating factors in the FX solution. In addition to offering the best rate on the market, Trace’s clients have a simplified experience with an one day onboarding. “In record time, the money was in the account, and we didn’t have to worry about ancillary documentation that is often required for this type of operation. So the experience was fantastic.”

Regarding the spread offered, Rodrigo highlights that “when dealing with large volumes, being able to save a few percentage points makes a big difference!”

Rodrigo also emphasizes the service and relationship with Trace’s team during the international transfer process. “Throughout the process, we were talking to the [Trace] team […] there was no onboarding process where you have to wait.”

Global banking account

During the process of raising funds abroad, dealing with foreign banks and using their services is a pain for all startups.

After receiving an investment round, it’s necessary to rely on banking services that allow for international transfers, but in practice, offer an unintuitive experience for users. “We know it’s not the most digital or pleasant experience, the process is slow…”, comments Rodrigo.

In an effort to solve the entire journey for startups fundraising abroad, Trace launched a Global Banking solution.

For Rodrigo, being able to rely on a solution like this brings high expectations. “Having a solution that will replace this painful experience […] with a totally digital, new and innovative experience generates high expectations. Because we know it will save a lot of headaches!”

Count on Trace for international remittance

Trace has already helped over 100 startups make international remittances with a fast solution and offering the best rates on the market. Click here to learn more!

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