Welcome to Moneycorp
We’re reinventing how businesses and private clients safely navigate the global payments market.
Moneycorp is a leading cross-border payments business with banking licences and operations across the entire value chain of the international payments and foreign exchange industry.
Drawing on more than four decades of industry expertise, we provide human-first, technology-enabled solutions to our clients' challenges, bolstered by an uncompromised approach to regulatory excellence.
Our formula
for success
Through our distinctive technology, we have created a state-of-the-art, scalable platform which, when partnered with our extensive network, allows us to meet our clients’ ever-evolving needs across all geographies in which we operate. We deliver this by carefully combining smart technology, personalised service and extensive regulatory credentials.
Our values
Underpinning our business are our corporate values, which were created by our colleagues.
Belonging
Excellence
Accountability
Client-orientated
Entrepreneurial
Our evolution
Moneycorp was first established in 1979 as a bureau de change business in central London. 45 years later, we have significantly transformed from a largely domestic, consumer focused analogue provider of foreign exchange, to an international, digitally-enabled, B2B2X currency solutions and payments provider and a key player in the global wholesale currency market. With 17 global offices and over 600 employees we have an extensive global network. In 2014, the retail business accounted for 57% of the Group’s revenue, with 98% derived from domestic revenue streams. Today, Moneycorp’s revenue is predominantly derived from corporates and financial institutions, with 89% of gross revenue now from B2B. In November 2019, Moneycorp Bank became the first of only two members to the Federal Reserve's Foreign Bank International Cash Services (FBICS) program. Through the FBICS program, Moneycorp receives access to the Federal Reserve's International Cash Services (ICS) Program enabling it to source and supply US Dollar banknote currency directly from the Federal Reserve Bank of New York.
A message from our CEO
“We started in 1979 as a single foreign exchange office in London, and today, we are a world-leading cross-border payments business with operations across the entire value chain of international payments and foreign exchange. That’s quite a journey!”
Velizar Tarashev, CEO
Our regulatory credentials
Moneycorp operates a comprehensive compliance and regulatory infrastructure, at a global scale, holding 62 (including two banking licences) financial services regulatory licences and registrations issued by various regulatory authorities in the jurisdictions in which we operate, including being a proud member of the FBICS programme.
Learn more* Included in our 63 regulatory permissions are our two licences from the Central Bank of Ireland, which can be passported across Europe.
Recognised excellence
With 45 years of market experience and industry connections, Moneycorp is a leader in cross-border payments.
Feefo’s 10 Years of Excellence Award
Recognising 10 years of Feefo's Platinum-rated service
Top 100 Cross-Border Payment Company
We are proud to be listed as one of the world's top 100 cross-border payment companies (as per FX Intelligence)
Best FX for Payment Solution
Best FX for Payments Solution in the Best FX Tech Awards as part of the Gordon W. Platt Foreign Exchange Awards 2023
Best Payments Solutions Provider
Systems In The City Fintech Awards 2022
