VFX Financial PLC Company Research Report

Company Overview

• Name: VFX Financial PLC

• Mission: The mission of VFX Financial is to be the number one choice for businesses' foreign exchange requirements while delivering long-term value and a competitive edge through effective currency management.

• Founded: VFX was established as a carve-out from the inter-dealer broker Voltrex Limited in 2011.

• Founder: Nick England co-founded Voltrex Limited in 2001 and later carved out VFX Financial PLC.

• Key People:

• Nick England: Chairman

• Henry Lisney: Chief Executive Officer

• Richard Collis: Chief Financial Officer

• James Stuart: Chief Commercial Officer

• Headquarters: No specific information about the headquarters location is provided.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: VFX is known for providing competitive online currency exchange services with zero bank charges, utilizing advanced technology to offer fast, secure, and reliable platforms.

Products

• International Payments:

• Transfer money globally in over 60 currencies, offering both single and bulk payment options through secure platforms.

• Key Features: Fast and secure transactions, member of the SWIFT network, single point of access for payment processing.

• FX Risk Management:

• Mitigate risks in Forex trading with experienced account managers and a variety of strategies.

• Key Features: Hedging tools, access to over 200 currencies, exclusive daily market reports.

• Treasury Management:

• Access a wide range of currencies and trading strategies, leveraging a global banking network.

• Key Features: Real-time pricing, minimization of funding delays.

• Trading Support:

• Simple trading process with assistance from specialist FX brokers.

• Key Features: Monitoring of exchange rates, execution of currency orders.

• Multi-currency Corporate Card:

• Offers personal and business solutions for international purchases with no payment fees.

• Key Features: Instant currency exchange, secure transactions, competitive rates.

Recent Developments

• New Products Launched: No information is available

• New Features Added to Existing Products: No information is available.

• New Partnerships: No information is available.

Brands

• VFX Financial: Provides businesses and individuals with competitive currency exchange services.

• EasyFX: An international money transfer service offering quick and cost-effective transfers with additional services like a travel money card for frequent travelers.

Regulation and Compliance

• Financial Conduct Authority (FCA): VFX is authorized and regulated by the FCA to provide investment services and electronic money issuance.

• FINTRAC: VFX is registered with the Canadian regulator, for the provision of Foreign Exchange and Payment Services to Canadian clients.

• PCI DSS Compliant: Certified to protect against payment card data theft and fraud.

Platform Features

• Availability: Can be accessed via Apple Store, Google Play Store, and web app.

• Account Management: 24/7 access, manage currency balances, review transaction history.

• Market Alerts & Notifications: Receive updates on market rates and payment transactions.

Conclusion

VFX Financial PLC has established itself as a significant player in the foreign exchange market. By leveraging advanced technology and a wide range of services, it aims to enhance businesses' currency management capabilities while providing exceptional customer service and competitive rates.