The pandemic not only accelerated financial digitalization, but also the growth of international e-commerce. Cross-border payments are growing at twice the rate of domestic e-commerce, with 75% of UK online shoppers buying from overseas retailers and marketplaces. Digital payment solutions are already available for overseas purchases, but many SME businesses struggle to find a simple and affordable banking solution for cross-border payments. Payment platforms and BaaS (banking as a service) companies offering payments infrastructure have emerged to offer solutions (e.g. forex services and domestic and international payments) to provide SMEs with a simpler way to deal with these transactions.