Fashion

The relevance of currency for import and export.

Fashion companies have important import and export activities. They are impacted by currency fluctuations and working capital issues.

1. Minimise the impact of currency fluctuations.

Fashion companies purchases from suppliers in multiple countries with highly volatile currencies. This generates recurring payments. MatchPlaceFX assists Fashion companies to plan ahead by understanding their financial projections to help manage their current and future Foreign Exchange risk.

2. Use competitive and stable exchange rates to price while protecting your margins by hedging those rates.

MatchPlaceFX offers options such as forward contracts, which fix your exchange rate for up to twelve months in the future.

3. Cash flow management with currency tools.

Sales cycles are long in the Fashion industry. MatchPlaceFX provides a platform to manage currencies affecting cash flows.

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The Financial Services platform for Small and Medium Businesses integrating invoice funding, domestic and foreign currency payments at fair prices

Information

MatchPlace Ltd does not provide its own payment services. It is not authorised to do so by the Financial Conduct Authority. Please contact us if you have any queries.

Payment services (Non Invoice funding related products or services) for MatchPlace Ltd are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).

For clients based in the European Economic Area, payment services for MatchPlace Ltd are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).

For clients based in the United States, payment services for MatchPlace Ltd are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York, NY 10011.

For clients based in the United Kingdom and rest of the world, payment services for MatchPlace Ltd are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).

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