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Businesses

Built around the payments companies already make.

Floyd is not a consumer remittance product. It is for businesses that pay other businesses across borders.

Paying overseas suppliers

A manufacturer in Reykjavík pays Müller Präzision GmbH in euro against invoice INV-1048 — with the recipient amount visible before send.

Paying international contractors

Retainers and project fees to firms such as Harbour & Co. Ltd, with a reference the accountant can match.

Settling imports

Larger ISK debits for goods — for example Nordic Cold Chain AS — without hiding the rate inside the total.

Recurring overseas payments

The same recipient, a new invoice, a consistent quote layout. Riga Timber SIA is one of the demo cases.

A later demo case will follow an Iceland-to-Vietnam supplier payment. The recipient record for Thanh Long Export Co. is already in the prototype.