Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
Deal. business man shaking hands with effect global network link connection and graph chart of stock market graphic diagram, digital technology, internet communication, teamwork, partnership concept
February 12 2021

EasyMoney partners with global payments provider

Michael Lloyd Industry News, News, Top 3 AFEX, Andrew de Candole, easyMoney, Wayne Mitchell

EasyMoney has partnered with AFEX, which provides non-banks with global payment and risk management solutions, to offer better foreign exchange rates and reduced fees.

The peer-to-peer lending platform said that integrating the AFEX API into its platform will also quicken its settlement times via local facilities to investors wishing to fund GBP-denominated assets with a foreign currency.

The AFEX partnership also enables EasyMoney to offer its services to more clients, the platform added.

Read more: EasyMoney: Planning shake-up will boost housebuilding this year

“We thoroughly researched the market before choosing to work with AFEX,” said Andrew de Candole, chief executive of EasyMoney.

“We were looking for smooth API integration coupled with competitive foreign exchange pricing.

“This service will offer investors with accounts denominated in different currencies the ability to convert their funds into pounds.”

Read more: EasyMoney narrowed losses in 2019 and eyes profitability in 2021

“We’re thrilled to partner with EasyMoney, an innovator in P2P lending,” said Wayne Mitchell, managing director EMEA at AFEX.

“Our API technology will allow EasyMoney to reach more investors and help the platform scale. Our integrated solutions team seek out partners like EasyMoney, which provide technology-driven alternatives to traditional services. We’re looking forward to a successful partnership.”

Over the past two months, EasyMoney has called for P2P platforms to be more transparent over withdrawal waiting times and urged investors to look at Innovative Finance ISA options ahead of the upcoming March Budget.

Auxmoney hires ex-Barclaycard boss as executive chairman LendInvest expects busy bridging market in late 2021

Related Posts

magnifier

Industry News, News, Top 3

Trade association calls for more FCA scrutiny

FOLK2FOLK - Roy Warren MD - head crop (col)

Industry News, News, Top 3

Folk2Folk eyes £100m from institutions as it expands nationally

the acronym fca for Financial Conduct Authority concept represented by wooden letter tiles

Industry News, News, Top 3

FCA to publish initial supervisory work on consumer credit guidance

Popular posts:

  • Chancellor unveils recovery loan scheme
  • The House Crowd goes into administration
  • Budget outlines plans for £15bn of green bonds in 2021
  • Sunak to announce stringent CBILS successor scheme
  • FCA warns The House Crowd investors against using…
  • Government to launch replacement future fund scheme
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by