ALPHA FX GROUP PLC

Description

Founded in 2009, Alpha FX group plc is a UK-Based provider of high- impact FX risk management and alternative banking solutions to more than 750 businesses located across 40+ countries.  The group is a community of over 130 people that aims to develop strategies and technologies and provide high-impact financial solutions to help international businesses so that they can manage currency more effectively. The group’s 50% of the team are partners in the business, which lead to better performance for its clients. Further, it can send and receive payments in over 160 currencies and has 4 regulatory licenses with the UK Financial Conduct Authority and is registered with FINTRAC in Canada. The group is backed by several globally respected investors such as Soros Fund management, M&G Investments, Merian Global investors, JP Morgan, Jupiter asset management, Liontrust, Tellworth investments, Premier asset management, Unicorn asset management, River and Mercantile group, Berenberg, Canaccord Genuity, Fidelity and Chelverton asset management.  

The group offers high-impact currency solutions that include FX risk management, payment, collections, and accounts. The FX risk management offers analysis, strategies, and technologies to the businesses to minimize the volatility of currency more effectively within less time and resources and it do not charge any upfront costs or retainer fees, it offers a range of products and services that focuses on maximizing hedge effectiveness while reducing costs, that includes Hedging facilities, analysis, Reporting, pricing, hedging instruments and settlements. 

 The payment solutions help businesses to connect with global payment network, with its product and services that includes local routing, full value settlement, eliminate payment errors, mass payments, flexible funding, and payment confirmations. The collection solutions help in reducing the time and cost involve in receiving money from overseas and collects payment in 160 different currencies using accounts in multiple countries, it provides services like it Avoid intermediary fees & delays, Avoid conversion costs, improve relationships, automate confirmations, automate reconciliation and expand business reach. The Account solution helps business to open account to manage local currency in order to send, hold and receive payments in 160 currencies, it avoids intermediary fees & delays, avoid conversion costs, improve relationships, centralize cash management, simplify account management and holds accounts in clients name. Its corporate clients include Asos, Halfords, Rotork, Holland & Barrett, Pol Roger portfolio, Ercol, Abercrombie & Kent, Hornby, Magimix and Interoute, and its institution clients includes Beexhbrook capital, Capital Dynamics, Incus Capital, ESO Capital, Pemberstone and Cairn Capital.