WeOwn and moneycorp are pleased to announce an important strategic partnership

The partnership will introduce WeOwn’s innovative business financing solutions to moneycorp’s 10,000 business customers in the UK and provide WeOwn’s global customers with access to a leading foreign exchange service. To support the partnership launch, moneycorp’s customers will receive free access to WeOwn’s investor and cap table management services.

Moneycorp is an international company offering foreign exchange and global payment services to individual and corporate customers. Headquartered in London, with offices worldwide across five continents, moneycorp services businesses, individuals and online sellers with international interests and payment requirements. By developing currency risk management strategies, moneycorp is on hand to help businesses with growth and expansion outside the UK.

WeOwn is a groundbreaking digital platform that helps SME’s to better manage their investors and stakeholder engagement. Far more than a ‘quick fix’ solution, WeOwn enables companies and investors to conduct their entire relationship – including voting – securely online. For businesses looking for funding, WeOwn provides access to peer-to-peer lending and equity financing. WeOwn offers SME’s the benefit of end-to-end digital capital solutions and a secondary marketplace for increased traction with investors.

Sascha Ragtschaa, CEO of WeOwn, welcomes the partnership: “We are excited to work with Moneycorp as our preferred foreign exchange partner, offering hassle-free global cash and payment transactions and reducing currency risk for our customers and platform users. In addition, we are delighted to offer Moneycorp’s UK clients and customers free access to our investor management suite and allow businesses to seek alternative financing through our marketplace. Tokenisation technology delivers a wide range of efficiency improvements over traditional transactions and reduces counter-party risks significantly. This provides the SME’s an increasingly diverse and competitive pool of investors to engage.  We are pleased to see that wide-scale adoption is happening right now, offering immense benefits to businesses worldwide. Best in class existing providers are working hand in hand with ‘new best’ FinTech partners”.

Lee McDarby, MD of International Payments at moneycorp comments: “We are delighted to be partnering with WeOwn. Fast and affordable access is so crucial to the UK economy right now, and mirrors our shared goals of offering our customers speedy and secure online access, while at the same time offering competitive exchange rates. We always aim for a client first, solutions-based approach, underpinned by our excellent payments platform and extensive range of risk management products, so we look forward to developing our partnership with WeOwn going forward, whose business reflects our values and vision for customers.