Global FinTech giant XE.com opens base in Newcastle

XE.com (an $8bn turnover FinTech company known as ‘the world’s trusted currency authority’) has decided to open a base in Newcastle upon Tyne from where they will grow their operations across the North of England!

Grant Murray (Regional Manager, North for XE.com) has chosen to base himself at the Tuspark Barclays Eagle Lab co-working space in Newcastle after being impressed with the entrepreneurial ecosystem & business community he discovered by attending our monthly Founders’ Friday events & annual Newcastle Startup Week festival in May 2019.

L-R Robyn Townsend, Colin Tan, Grant Murray, Paul Lancaster, Andrew Dixon, WeiTing Huang at the Tuspark Barclays Eagle Lab in Newcastle upon Tyne, England

Grant said: “During times of uncertainty, businesses need support to manage their growth plans & protect their profits from the impact of currency fluctuations, Now that XE are open for business in the region we are better placed to proactively guide our clients through the complexities of Brexit & beyond, whatever the outcome. Global trade doesn’t have to be risky business!”

“I look forward to meeting & working with business leaders in the region to ensure that businesses are prepared & educated about the potential of all outcomes & the impact of further market volatility.”

Sam McIntyre (Managing Director, XE Europe) said: “We are excited by the opportunity to work in a region that is home to a strong & diverse range of exciting international businesses with exceptional growth prospects.”

“By having a dedicated FX expert on the ground, businesses in the Northern Powerhouse regions of the North East, North West & Yorkshire can take advantage of our currency knowledge first-hand as we continue to help businesses overcome the complex challenges created by foreign currency risk via our International Payments & FX Risk Management Solutions. With Grant onboard we will be able to proactively support the demand of a high-growth region in the UK.”

Paul Lancaster (Newcastle Startup Week / Plan Digital) said: “Having met Grant through our Founders’ Friday & Newcastle Startup Week events I’ve loved seeing how enthusiastic & proactive he has been in getting to know some of the key players in the North East business community & it’s hugely exciting to have a company like XE.com wanting to open a base here.”

“The North East FinTech community is currently on the rise with some world-class startups, scaleups & enterprise companies already based here & adding XE.com’s global expertise & network to the mix is a real vote of confidence for what the region can offer companies wanting to scale their operations in the North of England.”

Screenshot of XE Business website

Expert solutions & support

Over 200 million people already use XE.com’s currency intelligence to access accurate exchange rate data, giving them FX certainty & protecting them against unpredictable currency markets.

With a range of solutions for companies trading internationally, visit www.xe.com/xemoneytransfer/uk/business/ to create your free business account today & / or contact Grant Murray directly by emailing him at grant.murray@xe.com or calling 07825 894714 if you’d like more bespoke advice & expertise for your business.


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