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Intellispark

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Mar 12, 2025

How Intellispark scaled global vendor payouts without adding headcount

We scaled to 15 markets without hiring a single additional finance person. Solvent made that possible.

James Okafor

Chief Executive Officer

45%

Overhead Reduction

Reduction in finance team overhead without adding headcount.

45%

Overhead Reduction

Reduction in finance team overhead without adding headcount.

15

Active Markets

Countries now live on Solvent's payment infrastructure.

15

Active Markets

Countries now live on Solvent's payment infrastructure.

4hrs

Avg Payout Time

Down from three days on their previous banking setup.

4hrs

Avg Payout Time

Down from three days on their previous banking setup.

40

Time Lost

Of finance ops spent reconciling numbers across disconnected tools.

40

Time Lost

Of finance ops spent reconciling numbers across disconnected tools.

Company info

HQ

New York, United States

Industry

Fintech

Size

51–200

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The Challenge

Intellispark was processing payments across twelve markets. Every wire transfer took between three and four days to settle. Their finance team spent two full days every month chasing reconciliation discrepancies across spreadsheets.

As the business grew, the problem got worse. More markets meant more corridors. More corridors meant more manual work. The team needed infrastructure that could keep up.

Why Intellispark Chose Solvent

Intellispark evaluated three providers before selecting Solvent. The decision came down to two things: the depth of local rail coverage and the speed of implementation.

Book a demo to see how Solvent handles multi-market payment flows.

The Evaluation Process

The finance team ran a structured evaluation over six weeks. They tested settlement times, reconciliation accuracy, and API reliability across their five highest-volume corridors.

Solvent cleared every test. The team was live within three days of signing.

The Results

Within thirty days of going live on Solvent, Intellispark had reduced their average payment processing time from four days to same-day. Reconciliation went from a two-day monthly exercise to an automated daily process.

What Changed on the Ground

The finance team no longer chases payments. Every transaction is matched automatically and exported to their ERP at the end of each day.

The operations team now has live visibility into every balance across every market. Nothing is hidden in a spreadsheet.

What’s Next

Intellispark is now expanding into four new markets using Solvent’s local rails. The same infrastructure that handles their existing corridors will support the new ones without any additional setup.

For more on how Solvent supports expansion into new markets, see our Payments product page.

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