Multifi and Currencycloud join forces to boost UK SMBs’ global trade

Currencycloud, known for simplifying business in a multi-currency world, has recently formed a partnership with multifi, a UK-based cashflow management platform.

This strategic partnership aims to enhance the international payment capabilities of UK-based SMBs. By leveraging Currencycloud’s expertise in foreign exchange and payment solutions, multifi seeks to offer its clients a more efficient and cost-effective way to conduct business globally.

Currencycloud has established itself as a leader in facilitating seamless international transactions. They offer services in over 35 currencies and provide businesses with access to competitive foreign exchange rates and efficient payment methods to over 180 countries.

Multifi is a cashflow management platform specifically designed for the unique needs of UK’s SMBs. It offers a range of services including access to credit, helping businesses manage their finances more effectively and grow sustainably.

The collaboration between multifi and Currencycloud will enable SMB clients, especially those in the importing and exporting sectors, to easily and cost-effectively manage payments to their international suppliers. This enhanced service is set to provide greater opportunities and flexibility for UK SMBs in the global marketplace.

The partnership marks a significant step in addressing the growing demand from SMBs for streamlined, rapid, and affordable international payment services. It reflects both companies’ commitment to supporting the global expansion of small and medium-sized enterprises.

Rob Keown-Boyd, CEO of multifi, commented, “We are committed to fuelling the growth of our SMB customers by simplifying access to business finance and helping them manage their cashflow. We have seen demand from our SMB clients for seamless, fast, cost-effective international payment capabilities, so we looked for the perfect partner to make this a reality.

“Currencycloud’s comprehensive suite of services has enabled us to offer an excellent solution to our clients, most of whom are importers or exporters. They now have a convenient and cost-effective way to pay their international suppliers.”

Aleks Stefanofski, Chief Strategy Officer at Currencycloud, said, “Currencycloud is all about reimagining the way money flows around the world, making cross-border payments as smooth as local ones for businesses of all sizes. We are delighted that mulitifi has chosen us to help them achieve their goal of fuelling growth for their SMB clients who are increasingly making cross-border transactions in a growing global marketplace.”

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