Moneycorp: “We protect the company against variations so that its margin is not affected”

Interview with Javier Quintana, Managing Director Moneycorp Spain

In 2018, Moneycorp carried out 5,9 million transactions and dealt with currencies valued at £35.5 billion.


Moneycorp provides a service of foreign exchange intended for the Spanish companies, from SMEs to large companies, in sectors such as energy, textiles, agri-food and anyone with international payments. It is an alternative to the banking service that encourages personalized treatment tailored to the individual. Spanish company. 

 

It offers a wide range of financial solutions ranging from spot or forward contracts to exchange insurance. And it is differentiated by having a commission-free service, with the attention of a personalized agent or direct management through its own trading platform and online international payments.

 

Moneycorp began its activity in Spain in 2016 with the inauguration of its offices in Madrid. In this period they have completed thousands of operations with a portfolio of more than 120 currencies and a commission-free service based on the combination of their multi-currency online platform for direct operations and personalized attention with specialized managers from the treasury desk in Madrid. This model has allowed Moneycorp to achieve profitability and consolidate its entry into the Spanish market.

 

In 2018, it carried out 5,9 million transactions and dealt with currencies valued at £35.5 billion. The Spanish branch reached 500 million euros with a year-on-year growth of almost 150%. 

 

It currently has more than 800 professionals and has recently been awarded the 'Feefo Gold Trusted Award' for its excellent consumer service.

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