{"id":26070,"date":"2020-08-13T19:32:00","date_gmt":"2020-08-13T19:32:00","guid":{"rendered":"https:\/\/torontoglobal.ca\/?p=26070"},"modified":"2024-06-06T13:59:56","modified_gmt":"2024-06-06T17:59:56","slug":"moneycorp-breaks-into-the-canadian-market-with-expansion-into-the-toronto-region","status":"publish","type":"post","link":"https:\/\/torontoglobal.ca\/media-center\/moneycorp-breaks-into-the-canadian-market-with-expansion-into-the-toronto-region\/","title":{"rendered":"moneycorp Breaks into the Canadian Market with Expansion into the Toronto Region"},"content":{"rendered":"\t\t
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<\/p>\n

Since 1979, the moneycorp<\/a> Group has served the growing foreign exchange and payment needs of global businesses, online sellers and personal clients. <\/strong><\/p>\n

moneycorp offers a state of the art online payments portal, while providing its customers the ability to mitigate their foreign exchange risk through a sophisticated suite of FX hedging solutions.<\/strong><\/p>\n

<\/p>\n

With operations across the globe, this
Online Money Transfer is a leading provider of global payments and currency risk management, delivering high touch service and customized products that put its customers\u2019 business first. <\/p>\n

moneycorp\u2019s North American operations has served clients in the U.S. for over two decades, focused on private clients\u2019 money transfers, corporate risk management and global payments solutions. <\/p>\n

The company\u2019s recent expansion into the Toronto Region<\/a> marks a major step in this
Online Money Transfer\u2019s global expansion plans to provide a comprehensive and unique offering to the market.<\/p>\n

<\/p>\n

The Canadian market was attractive to moneycorp for a number of factors. Over 80% of businesses in Canada have some form of foreign exchange requirement and Canadian businesses are particularly savvy in mitigating and eliminating currency risk exposure \u2013 a core competency of
Online Money Transfer. <\/p>\n

Finally, the decision was strengthened by the high caliber of experienced talent in the industry, located right here in the Toronto Region.
moneycorp was referred to Toronto Global through a service provider in the financial services sector and we worked with the company to deliver an overview of the Toronto Region\u2019s business ecosystem. Toronto Global provided<\/span>
<\/p>

Online Money Transfer with guidance on the process of setting up a subsidiary in the Toronto Region, as well as insights on employee benefits in Ontario and information on relevant local conferences and events.<\/p>\n

The company will work with private clients, such as high-net-worth individuals looking for real estate purchases in the U.S. and abroad. For corporate clients, risk management hedging solutions are essential in these volatile currency markets and moneycorp has a team of seasoned FX specialists ready to meet clients\u2019 business objectives by providing strategies that mitigate foreign exchange exposure. <\/p>\n

A dedicated payments team will help companies access the intuitive trading platform, moneycorp online, which streamlines and integrates global payment processing.<\/p>\n

About moneycorp<\/h2>\n

<\/p>\n

\u201cThere are some fantastic cities and areas of Canada, and I have been very fortunate to have traveled throughout Canada during my career, but Toronto is easily my most favourite city,\u201d said Bob Dowd, Chief Executive Officer, Moneycorp North America. <\/p>\n

\u201cI know it best as I traveled for business for a week each and every month for over twenty years. I am blessed to have worked with colleagues and customers that grew into life-long friends. Those friendships and memories are all based in Toronto.\u201d<\/p>\n

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Since 1979, the moneycorp Group has served the growing foreign exchange and payment needs of global businesses, online sellers and personal clients.  moneycorp offers a state of the art online…<\/p>\n","protected":false},"author":11,"featured_media":25925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_searchwp_excluded":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[291,286],"tags":[],"class_list":["post-26070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-services","category-success-stories"],"acf":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/posts\/26070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/comments?post=26070"}],"version-history":[{"count":15,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/posts\/26070\/revisions"}],"predecessor-version":[{"id":38390,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/posts\/26070\/revisions\/38390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/media\/25925"}],"wp:attachment":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/media?parent=26070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/categories?post=26070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/tags?post=26070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}