Currencycloud, the consultants in simplifying enterprise in a multi-currency world, have introduced that they’ve been granted an Australian Monetary Companies (AFS) licence by the Australian Securities and Investments Fee (ASIC). The granting of the licence signifies that Currencycloud can now provide their full suite of companies to Australian companies.
The granting of the AFS licence follows the appointment of Nick Briscoe as Nation Supervisor, Australia, in January of this yr and offers Currencycloud the springboard to construct the group and ramp up buyer assist in-country.
Currencycloud has some fast-growing shoppers in Australia however so far the companies they’ve been ready to make use of have been restricted to worldwide funds solely. Now these shoppers will be capable to present prospects with collections, administration companies and Currencycloud’s multi-currency ewallet: Currencycloud Spark, which permits shoppers’ prospects to pay, acquire and maintain greater than 30 currencies in a single account.
Alex Prater, CEO for FX Corp, a Currencycloud consumer in Australia, commented, “With the growth of Currencycloud’s providing, FX Corp has been capable of increase the vary of forex capabilities it supplies to shoppers, notably in minor and unique currencies which have historically been problematic to deal in. Add to this a user-friendly interface and the flexibility to simply monitor cross-border funds, and Currencycloud affords a compelling worth proposition which has assisted FX Corp to supply a extra full vary of companies to its rising consumer base.”
Nick Briscoe, Australian Nation Supervisor, stated, “The fintech panorama right here is extremely vibrant and extremely refined in its strategy to each shoppers, and repair suppliers. Gaining our Australian licence places us in a terrific place to assist our present Australian shoppers and their ambitions, in addition to work with different companies throughout the nation.
Currencycloud is now actively recruiting for key hires throughout gross sales and operations.