Snowball Alternative Finance is delighted to announce a strategic partnership with Currencies Direct, a leading specialist provider of foreign exchange and payment solutions to both private and corporate clients.
Currencies Direct transact over £6.5bn and make in excess of 400,000 payments a year. They operate a global business with 22 offices around the world with 550 staff.
They are clearly experts in their field, and we have been very impressed with their set-up and how they do business. It is for these reasons that we chose them as our partners.
We as Snowball want to work with our clients to understand and manage their international currency exposures and this partnership is an ideal way to allow this to happen.
The clients we work with on foreign exchange and payment services will receive preferential rates through our partnership and deal with dedicated dealers.
Speaking of our partnership, Deepak Goyal the Global Head of Partnerships at Currencies Direct said:
“Currencies Direct are proud to be working in partnership with Snowball Alternative Finance to support SME’s with managing international currency risk especially in times of increased volatility. This collaboration will allow SME’s to not only fuel growth via funding, but will also enable them to enter new markets and pay overseas suppliers without the worry of losing profit to adverse currency fluctuations.”
We are excited to be working with the team at Currencies Direct and going forward we will be including their commentary in our monthly newsletters.