London, February 10, 2021 – AFEX, one of the world’s largest non-bank providers of global payment and risk management solutions, is partnering with easyMoney, an alternative investment platform offering peer-to-peer property loans in the UK.
easyMoney provides a platform for investors that can be funded by regular investment or with an Innovative Finance Individual Savings Account (IFISA). The company offers solid returns to its clients investing in carefully screened property backed loans. Investors can ask to sell their loans on easyMoney’s Secondary Market. The average time to sell a loan, over the past 12 months has been 2.6 days.
AFEX provides global payment and risk management solutions to clients around the world. Its API technology offers clients and partners frictionless access to AFEX’s robust global payments infrastructure, and regulatory and licensing framework.
Integrating the AFEX API into its platform will allow easyMoney to offer better FX rates, reduced fees and faster settlement times via local facilities to investors wishing to fund GBP-denominated assets with a foreign currency. The AFEX partnership also enables easyMoney to offer its services to more clients.
“We’re thrilled to partner with easyMoney, an innovator in peer-to-peer lending,” said Wayne Mitchell, Managing Director EMEA at AFEX. “Our API technology will allow easyMoney to reach more investors and help the platform scale. Our Integrated Solutions team seek out partners like easyMoney, who provide technology-driven alternatives to traditional services. We’re looking forward to a successful partnership.”
“We thoroughly researched the market before choosing to work with AFEX. We were looking for smooth API integration coupled with competitive FX pricing. This service will offer investors with accounts denominated in different currencies the ability to convert their funds into Pounds,” said easyMoney CEO, Andrew de Candole.
easyMoney is the trading name of E-money Capital Ltd. It is part of the easy® family of brands and shares the philosophy of providing a better deal to consumers.
“Getting a good return on your money has become almost impossible in recent months so the easyMoney offer of good, honest and sound investments means much more value for today’s savers,” said Sir Stelios Haji-Ioannou, founder of easyJet and owner of the easy® brand.
easy is one of Europe’s best-known brands with up to 99% market recognition. easyMoney offers investors up to 8% pa return with interest paid monthly.
For further information, please contact:
EMEA Head of Payment Solutions, AFEX
+44 (0)207 004 3839
AFEX pioneered personalised global payments and risk management, providing a tailored solution since 1979. We serve more than 35,000 active commercial and private clients from offices across the Americas, EMEA and APAC, executing transactions in more than 100 currencies to 180 countries. With a full portfolio of hedging tools and foreign exchange services supported by our proprietary state-of-the-art technologies, we tailor strategically adept global payment and foreign exchange solutions to meet each client’s financial goals.
With full regulatory compliance and licensing in all jurisdictions where we operate, we provide our clients with the stability, security and commercial incentive to use us as their main foreign exchange provider.
Whether you require a simple, cost-effective facility for sending and receiving global payments, a custom technology solution for mass payments, or a sophisticated risk management strategy to temper currency volatility in multiple jurisdictions, our teams support yours. For more information, please visit www.afex.com.
easyMoney is a financial products platform with a vision to provide investors with a better rate of return on their investments. Its peer-to-peer lending platform focuses on loans to professional developers backed by UK property.
e-Money Capital Ltd trading as easyMoney is authorised and regulated by the FCA (FRN 231680). Instant access to your money can’t be guaranteed. The property industry is subject to market conditions and therefore your capital is at risk. Peer-to-Peer Investments are not cash savings accounts so they are not covered by the Financial Services Compensation Scheme (FSCS). Past performance does not guarantee future results. Tax treatment is dependent on individual circumstances and subject to change.