On the heels of the Great Recession, businesses around the country found themselves left behind. Commercial banks just weren’t lending, and when they were, the delays between application and funding were far too long. So a group of financial experts, along with a few tech wizards, decided to take action. We engineered a technology that streamlined both approval and funding by getting a more complete financial picture at the beginning of the application process. The result was Currency, and since then we’ve helped support businesses with over $500 million in loans.

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RBI BUYS $10.2 BILLION IN FY’16 FROM THE SPOT CURRENCY MARKETS

  | May 10, 2016

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The Reserve Bank of India bought a net of $4.7 billion dollars from the spot currency markets in March according to the data released by the Reserve Bank of India in its monthly bulletin. For the whole year FY'16, the RBI purchased a cumulative of $10.2 billion in FY'16....

Read More

FEDERAL BUDGET 2016-17 | DOUBLE TAXATION OF DIGITAL CURRENCY

Pitcher Partners | May 04, 2016

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The government has announced its intention to remove the double taxation for GST purposes of digital currency such as Bitcoin.Currently, GST applies to both the purchase of digital currency and the subsequent use of that currency in purchasing goods or services which themselves are subject to GST....

Read More

WHY CURRENCY MARKETS SEEM ERRATIC

| May 02, 2016

news image

Last year, a few influential voices urged the Federal Reserve not to raise interest rates out of concern that it would slow global growth and fuel financial disruptions. Fed officials listened politely, then hiked rates in December and subsequently paused. Given recent developments in the foreign-exchange markets, some of these voices may now be wondering if the Fed should resume its rate increases....

Read More

ONLINE CURRENCY SPECIALIST HIFX LAUNCHES IN NORTH AMERICA

Euronet Worldwide | January 27, 2016

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U.K.-based HiFX, the fast-growing provider of online international payments and foreign exchange services, and a subsidiary of Euronet Worldwide, Inc. (Nasdaq:EEFT), announces its entry into North America. HiFX will bring its global payments expertise, innovative financial technology and highly tailored customer service to the billion-dollar U.S. and Canadian currency exchange market....

Read More
news image

RBI BUYS $10.2 BILLION IN FY’16 FROM THE SPOT CURRENCY MARKETS

  | May 10, 2016

The Reserve Bank of India bought a net of $4.7 billion dollars from the spot currency markets in March according to the data released by the Reserve Bank of India in its monthly bulletin. For the whole year FY'16, the RBI purchased a cumulative of $10.2 billion in FY'16....

Read More
news image

FEDERAL BUDGET 2016-17 | DOUBLE TAXATION OF DIGITAL CURRENCY

Pitcher Partners | May 04, 2016

The government has announced its intention to remove the double taxation for GST purposes of digital currency such as Bitcoin.Currently, GST applies to both the purchase of digital currency and the subsequent use of that currency in purchasing goods or services which themselves are subject to GST....

Read More
news image

WHY CURRENCY MARKETS SEEM ERRATIC

| May 02, 2016

Last year, a few influential voices urged the Federal Reserve not to raise interest rates out of concern that it would slow global growth and fuel financial disruptions. Fed officials listened politely, then hiked rates in December and subsequently paused. Given recent developments in the foreign-exchange markets, some of these voices may now be wondering if the Fed should resume its rate increases....

Read More
news image

ONLINE CURRENCY SPECIALIST HIFX LAUNCHES IN NORTH AMERICA

Euronet Worldwide | January 27, 2016

U.K.-based HiFX, the fast-growing provider of online international payments and foreign exchange services, and a subsidiary of Euronet Worldwide, Inc. (Nasdaq:EEFT), announces its entry into North America. HiFX will bring its global payments expertise, innovative financial technology and highly tailored customer service to the billion-dollar U.S. and Canadian currency exchange market....

Read More