Premier FX provides exclusive currency exchange services for the newly-launched multi-currency invoicing platform.
The boutique currency exchange company with locations in Algarve, Portugal, Palma de Mallorca, Spain, and London, England, enters into collaboration with London-based technology start-up Pace Invoice. Together, the companies provide cross-border invoicing solutions and multi-currency payment capability to businesses with international customers. Premier FX contributes currency exchange expertise and services for the platform.
“Currency exchange is a key component of our service,” says Pace Invoice CEO James Shattock. “Given Premier FX’s solid reputation in the currency exchange sector, we are pleased to welcome them aboard the project as our money transfer provider.”
Pace Invoice enables businesses to issue invoices, which their clients can pay locally, in their own currency. This service provides clients with a simple transfer process that encourages prompt payment. For businesses, this platform reduces currency exposure and has proven to reduce payment delinquencies. Pace Invoice, therefore, becomes beneficial to both sides of a transaction.
“We are thrilled to be involved in this unique new platform,” says Premier FX Founder and Chief Executive Peter Rexstrew. “Pace Invoice’s tech-savvy objective of providing efficient and secure money transfers, for both clients and businesses, is a direct match to our company’s strategy, vision and philosophy.”
In addition to collaborating on the online payment service, the two companies will work together on marketing and business development strategies.
Founded in 2006, Premier FX is a boutique currency exchange company, providing money transfer services for private and corporate clients. Premier FX offers personalized, professional currency solutions from offices in the Algarve, Portugal, Palma de Mallorca, Spain, and London, England. Premier FX is authorised and regulated by the UK Financial Conduct Authority, under firm reference number 530712.
Based in London, England, PACE Invoice provides specialist online collections solutions to international customers. Through the use of innovative proprietary software, Paces offers both small businesses and corporate clients a simple and cost-effective mechanism for collecting fees from cross-border customers via a web-based portal. Pace Invoice is a division of PACE Financial Group, which hold a certificate of registration for Money Laundering Regulation (MLR). Registration number: 12531759.