Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
MultiPay Group Launches MultiPay Merchant Services to Give SMEs Greater Control of Their Payment Technology
MultiPay Group Launches MultiPay Merchant Services to Give SMEs Greater Control of Their Payment Technology

IFX Payments reports another record year


Despite the challenging and volatile economic conditions of 2022, IFX Payments is set for another record milestone as annual revenue has risen by over 30%.

 

In 2022 alone, IFX Payments has grown at a rapid pace as more and more customers realise the benefit of conducting their own FX risk management and managing their cross-border payment needs through IFX’s self-servicing multi-currency digital wallet – ‘ibanq’. It’s this product that has driven payment volume increases by 258% and FX trade volume by 234% throughout the year; and looks set to be a continuing force behind the organisation’s strategy going into 2023. 

 

Through the success of its existing offerings, the company has set out to recruit some of the best talent in the industry and has grown its employee base by over 25% with the view of developing new and exciting solutions that are tailored to reflect each individual client’s business model to save them both time and money.

 

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

With strong regulatory and operational foundations reinforced throughout 2022 and more to invest in its state of the art payment products, IFX will be expanding its functionality, with new inbound and outbound payment routes and currencies due to be released in early 2023 coupled with the commitment to deliver faster settlement speeds and more secure payments processing for its existing 10,000 strong customer base.

 

Will Marwick, CEO of IFX Payments says: “In spite of the current global economic turmoil, our record-breaking results are testament to the team at IFX that work extraordinarily hard to make this the successful business that it is. Through focusing on scalable back office functionality, implementing new regulatory protocols and investing in really talented individuals we’ve been able to deliver a faster and more secure payments offering for our customers whilst simultaneously optimising the financial performance of the business. It’s through building these foundations that we’ve been able to simultaneously develop exciting new capabilities which we look forward to sharing with our customers in early 2023.”

 

IFX Payments was founded in 2005 to provide bespoke FX solutions to both corporate and private clients. With offices in now in London, Amersham, Warsaw, Dubai and Australia, their success to date has been built on proprietary banking technology aimed at managing risk and delivering bespoke and secure global payment solutions.

 

Recent Post: