Travelex, a leading global foreign exchange and money transfer specialist, is delighted to announce its partnership with Momentum, an organisation which connects high growth tech businesses with large corporates to validate markets and open commercial opportunities.
As part of the partnership, Travelex will support Momentum in hosting quarterly evening events where startups will be able to showcase their products to Momentum’s network of over 300 senior industry leaders. In addition, Momentum and startups within the network will host emerging tech ‘deep dives’ and business transformation sessions for corporate members, throughout the year.
Momentum works closely with startups and corporates to foster growth and innovation. To date, Momentum has worked closely with 24 startups and 2018 will see another 40 join the network.
Gareth Williams, Chief Innovation and Transformation Officer, Travelex, said:
“We are delighted to be partnering with Momentum, an organisation which supports some of the UK’s best startups. Innovation is central to Travelex’s proposition so we look forward to sharing insights with the rest of the Momentum network. As our industry continues to evolve, this is a unique opportunity for us to engage with emerging companies and remain at its technological forefront.”
Ricardo Simard, Co-Founder and Managing Director, Momentum, said:
“Travelex is a world leader in the financial services industry and we're delighted to be working together to support their digital transformation activities. The Momentum network of B2B technology startups are at the forefront of innovation, and bring opportunities that can help future proof corporate members. Travelex will offer startups unique insight into the financial services industry that can support our network test their assumptions and validate their proposition with one of the market leaders, as well as discover potential commercial opportunities.”
Headquartered in London, Travelex has a 140-year heritage in foreign currency, pioneering the travellers’ cheques of the past and the digital payments of the future. With a presence in over 70 countries across six continents, Travelex has distilled its expertise and experience into a platform that reinvents physical and digital cross-border money movement globally to ensure its clients remain one step ahead of the competition. The platform provides financial institutions with a trusted, efficient and accurate international money transfer service, plus secure and reliable banknote delivery of both major and exotic currencies.
A market leading independent foreign exchange specialist, the business covers the entire value chain of the retail foreign exchange industry. Travelex Group is also active in the remittances and payments space enabling physical and digital cross-border money movement for consumers and financial institutions.