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Earthport Inks Cross-Border Payments Agreement With FX Firm

Thu, 03rd Mar 2016 08:57

LONDON (Alliance News) - Cross-border payments company Earthport PLC on Thursday said it has secured a partnership with The FX Firm, a foreign exchange services provider to the payroll sector.

Earthport will provide its technology to help FX Firm expand its business by providing cheaper, faster cross-border payments.

No financial details on the agreement were disclosed.

"We are delighted to announce this deal with the FX Firm. Earthport is uniquely placed to underpin The FX Firm's cross-border transactions and to ensure it continues to provide secure payments at a competitive rate," said Daniel Marovitz, Earthport's Europe president.

Earthport shares were up 0.4% to 18.0775 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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