Experience UK & Privalgo partner on currency exchange solutions

By Gloria Methri

Experience UK has announced a strategic partnership with Privalgo, a specialist in foreign exchange (FX) and international payments. This collaboration aims to equip Experience UK members with tailored financial solutions that will streamline global transactions, manage currency risks, and support their international business endeavours.

Experience Members will now gain exclusive access to a suite of benefits offered by Privalgo, including the ability to open multi-currency accounts quickly—much faster than traditional high-street banks. This will enable businesses to make international payments to suppliers in up to 140 currencies, thus eliminating some of the hurdles associated with global trade. Additionally, e-wallets will allow members to receive customer funds in 30 currencies, providing a flexible financial solution that adapts to their operational needs.

Privalgo will provide tailored strategies to help Experience UK members mitigate foreign exchange risks, thus protecting profit margins and ensuring smoother financial operations. A dedicated online platform, along with personalised relationship managers, will further enhance the support available to members, making international transactions more straightforward and efficient.

Ian Clappison, CEO of Experience UK, said, “Efficient and cost-effective FX and payment solutions are crucial to our members’ success.” He highlighted how Privalgo’s expertise will enable members to scale their international operations confidently, enhancing their potential for growth in the competitive Experience Economy.

Matthew Clarke, Founder and CRO at Privalgo, echoed this sentiment, expressing enthusiasm about delivering innovative FX and payment solutions to the dynamic businesses within Experience UK’s network. The collaboration is expected to ease the complexities associated with international payments and foster a more efficient financial ecosystem for its members.

As part of this partnership, Experience UK members can also benefit from a complimentary 15-minute consultation with a Privalgo Currency Specialist. This no-obligation offer will provide businesses with a tailored evaluation of their currency exposure and recommendations on FX and payment solutions.

By aligning with Privalgo, Experience UK is taking a proactive step towards equipping its members with the tools and resources necessary for navigating the complexities of international commerce.