Solutions

Built for the teams moving money across borders.

Whether you’re a startup paying your first international contractor, a growing business managing global vendor payments, or a finance partner working across clients, Parallel adapts to how you operate.

By customer

A workspace that fits the size of your team.

Parallel works the same way under the hood whether you're a five-person startup or a two-hundred-person operations team. What changes is how you use it.

Parallel for startups

You're moving fast, hiring globally, and don't have time to set up enterprise-grade financial infrastructure for a team of twelve. Parallel gives you a USD operating account, a USDC wallet, and the ability to pay anyone in the world from day one. No annual contracts, no per-contractor seat fees, no implementation calls.

Founders and early finance hires use Parallel to pay engineering contractors abroad, manage cash across rails, and keep payment operations clean enough that the next hire can pick it up without a runbook.

Parallel for small businesses

You have a real business with real revenue, real vendors, and a finance person or team who needs to close the books cleanly every month. Parallel handles your cross-border payment operations without forcing your team to learn a new system or stitch together three different tools.

Pay vendors and contractors on schedule, manage cash flow across USD and USDC, and pull the reports your accountant actually asks for. Approval workflows, role-based access, and clean exports come standard.

Parallel for enterprises

Coming soon

We're building the controls, multi-entity reporting, and integrations that larger finance teams need before we open Parallel up to enterprise customers. If you're a finance leader at a company operating across multiple entities, geographies, or ERPs, get in touch — we'd like to hear what you need.

By use case

Solve the payment problems your team actually has.

The same Parallel account handles the full range of cross-border money movement. These are the use cases finance teams come to us for.

Pay international contractors

Hiring engineering, design, or operations talent abroad means paying them reliably, on time, and without losing 2–4% to FX markups and per-contractor fees. Parallel sends one USD payment per contractor; they receive local currency in supported corridors or USDC to a wallet they control. No HR upsell, no EOR bundle, no per-contractor monthly fee. Just clean payment infrastructure that scales with your team.

Pay international vendors

Vendor payments abroad usually mean wire transfers that take days, cost too much, and arrive without the reference data your vendor needs to apply the payment correctly. Parallel settles vendor payments in minutes, with full reference data and a clean record on both sides. Recipients pick how they receive — local currency or USDC — and your finance team gets the audit trail without the chase.

Send and receive cross-border payments

Money moves both directions. Parallel lets you send to counterparties anywhere in the world and receive payments from international clients into your USD account or USDC wallet. The same workspace handles outbound and inbound, with full visibility into where money is in flight and what's settled.

Payment approvals and controls

Finance teams need to know that a contractor payment didn't accidentally go out at ten times the right amount. Parallel lets you set approval thresholds at the account level, route payments above those thresholds to a second approver, and keep an audit trail of who approved what and when. Configure roles for your team — admin, member, view-only — so the right people have the right access without overlap.

Compliance and tax reporting

Cross-border payments come with reporting obligations: 1099-NEC for US contractors, 1042-S for foreign contractors, plus the records auditors and accountants ask for. Parallel generates the forms directly from your payment data and exports clean reports for your accounting team. Sanctions screening, AML checks, and Travel Rule data exchange run in the background as part of the licensed infrastructure underneath.

By partner

Built to work with the people who help you run finance.

Most businesses don't run finance alone. Parallel is designed to fit alongside the partners and teams who handle adjacent work — accountants, people ops, and the partners who refer clients to us.

Accountants and CFOs

Whether you're a fractional CFO running finance for several portfolio companies or an accounting firm handling cross-border reconciliation for clients, Parallel gives you cleaner data to work with. Real-time balances, structured exports, and full payment history mean less time chasing missing references and more time on the work that matters. Multi-client visibility is on the roadmap.

HR and people ops

People ops teams managing distributed contractor and workforce payments shouldn't have to babysit a payment tool. Parallel handles the recurring payment runs, the recipient onboarding, and the documentation, so people ops can focus on the people instead of the plumbing. Roles and approvals let you give the right access to the right team members without exposing the whole financial system.

Become a partner

If you're a payroll provider, an accounting firm, a fractional finance practice, or a community of operators serving the same kind of businesses Parallel serves, we'd like to talk. We're building partnership programs around referrals, implementations, and shared growth. Get in touch.

Private beta

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