Ascendant

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According to its official website, Ascendant is a payments company founded in 2011 that provides cross-border payment and foreign exchange solutions to businesses and financial institutions; the group, formerly known as AscendantFX, is headed by AscendantFX Capital Inc. in Canada. It offers the aPay platform for sending payments to more than 200 countries through global ACH, wires and local payment rails, ETran receivables automation from Financial Transmission Network (FTNI), which it acquired in 2025, FX risk management with forward contracts, payee data validation and payment tracking; it states that it has more than 3,000 customers. According to its compliance page, AscendantFX Capital USA, Inc. operates in the United States under state licences and AscendantFX Capital Inc. in Canada with a Bank of Canada registration and FINTRAC registration, while AscendantFX Capital UK, Limited in Market Deeping is described as a payment institution authorised by the FCA. Its services are aimed only at businesses and financial institutions. This information is the company's own statement.

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