UK-based fintech Spendology has launched a mail
order foreign exchange service for the business travel sector.
The company offers a customised forex platform that
travel management companies and corporate travel departments can white-label with
their own branding. The system enables foreign currency to be delivered to any
UK address, not just that of the cardholder.
Spendology’s marketing & business development director Karen
Gee, said: “Research tells us that travel cash may be an
overlooked element of business travel, often with widely different policies and
approaches within the same organisation resulting in inefficient sourcing and
time-consuming administration to manage and reconcile the expenditure.”
Last summer, the company launched its Clean Currency product, sealed
bundles of brand new, completely sterile banknotes to give peace of mind during
Covid.