Emerging Trends and Challenges
FTPartnersResearch-GlobalMoneyTransferTrends
FTPartnersResearch-GlobalMoneyTransferTrends
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“International Payment Specialists”<br />
Selected Company Profiles (cont.)<br />
Products & Services Overview<br />
Company Overview<br />
CEO:<br />
Headquarters:<br />
Rajesh Agrawal<br />
London, Engl<strong>and</strong><br />
Founded: 2005<br />
• RationalFX provides international payment services <strong>and</strong><br />
foreign exchange services to high net-worth individuals <strong>and</strong><br />
businesses across Europe under the RationalFX br<strong>and</strong>; also<br />
offer consumer remittances under the Xendpay br<strong>and</strong><br />
• The Company is recognized by FCA as a Payments Institution<br />
<strong>and</strong> has offices in London, Birmingham, France, Spain <strong>and</strong><br />
Pol<strong>and</strong><br />
• Provides low cost or no-cost money transfers <strong>and</strong> offers multilingual<br />
online FX services; available in 11 languages<br />
• The Company has completed $5 bn in transfers <strong>and</strong> serves<br />
over 4,000 businesses <strong>and</strong> over 30,000 individual clients<br />
throughout Europe<br />
• RationalFX offers a Rate Watching program that enables<br />
users to track exchange rates in order to execute transactions<br />
at favorable rates<br />
• Xendpay is the first genuinely “no fees” international money<br />
transfer service to bank accounts; customers are asked to<br />
make a small voluntary payment in lieu of other charges when<br />
they use the service<br />
Source: Company website, FT Partners proprietary database, Capital IQ, Crunchbase.<br />
Private Clients<br />
• Money Transfer<br />
• Mortgage Payments<br />
• Fees / Payments<br />
Associated with<br />
Emigration<br />
• Fees / Payments<br />
Associated with<br />
Education<br />
• One-off Payments<br />
• Travel-related Payments<br />
Businesses<br />
• International Money<br />
Transfer <strong>and</strong> Payments<br />
• Wire Transfers<br />
• Receive Next Day<br />
Supplier Payments<br />
• FX Dealing <strong>and</strong> Strategy<br />
• Risk Management<br />
Solutions<br />
• Currency Hedging<br />
• Overseas Employee<br />
Expenses<br />
45
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