The payment network for cross-border transactions Earthport plc (LON:EPO) has announced that its subsidiary, Baydonhill has re-launched as EarthportFX.
EarthportFX will offer clients direct access to FX and payment services utilised by global banks and ecommerce businesses.
The EarthportFX brand combines Baydonhill’s extensive currency expertise with Earthport’s industry-leading global network and payments technology. In a market where FX companies are local or regional, EarthportFX’s global market connectivity stands alone.
Peter Klein, an FX industry veteran, who joined as Earthport’s Global Head of FX five months ago said:
This is a significant day in Earthport’s evolution to become the leading cross-border payment company in the world. We are tremendously excited to announce the launch of EarthportFX and the ability to now offer our corporate clients and businesses the same benefits of access to a global payment network that Earthport’s clients enjoy today.”