Fortress Partners with Parallax to Revolutionize Global Finances for Professionals

Written by
Lou Zarcal
Published on
June 9, 2023
Fortress Partners with Parallax to Revolutionize Global Finances for Professionals

Fortress, a leading FinTech company, is excited to announce a strategic partnership with Parallax, an emerging player in modern finance for global professionals. This partnership aims to transform the way global professionals manage their finances by offering a seamless and innovative banking experience.

Parallax had a momentous month in April, marked by the successful go-live of their all-new product. The team at Parallax extends their heartfelt gratitude to their early access users who have already started benefiting from the platform. Both Fortress and Parallax are committed to bringing even more advancements and value to their users.

With this partnership between Fortress and Parallax, users can enjoy a range of features and benefits tailored to meet the needs of global professionals. These include:

  • The creation of a U.S. bank account with funds insured up to $250,000, 
  • KYC and onboarding international users with just a passport, 
  • Conversions of USD into USDC, USDT and more! 
  • Gas-free transfers out to your favorite wallets like Metamask or Phantom, and exchanges like Coinbase or Binance. 

As an added bonus, every new user signing up during the limited-time promotion will receive $20 credited to their account.

Parallax's focus is in the Southeast Asia region, especially given co-founder, Mika Reyes, hails from the Philippines. However, they’ve witnessed widespread adoption from professionals in various regions across North America, Latin America, Europe, and Africa. Early users have embraced Parallax, recognizing its ability to empower and simplify their financial lives.

At its core, Parallax embodies the vision of modern finances for the global citizen. Early users at Parallax who are international hires, contractors or freelancers already prefer crypto and stablecoins as their payment given its lower fees, instant transactions, and higher exchange rates when converted to local currency. Parallax is taking it a step further and enabling anyone, regardless of crypto-savviness, to leverage the benefits stablecoins and digital currencies offer. 

"Through our partnership with Fortress, we are embarking on an exciting journey to revolutionize global money movement – We couldn't be more excited,” said Mika Reyes, CEO & Co-founder of Parallax. "Our partnership with Fortress opens up endless possibilities for our user as we bridge continents and reshape the future of modern finance.”

"We are honored to join forces with Parallax in our mission to transform global finance for professionals," said Scott Purcell, the Founder and CEO of Fortress. "This partnership represents a groundbreaking opportunity to offer a seamless and innovative financial solutions experience to our users. By combining our expertise and commitment to excellence, we are confident that we can redefine the way global professionals manage their financial affairs, providing them with enhanced convenience, security, and value."

Fortress and Parallax are excited about the possibilities that lie ahead as they join forces to shape the future of global finance for professionals. With their shared commitment to excellence and customer-centricity, this partnership is poised to redefine the way global professionals manage their financial affairs.

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