Forexfix

Currency hedging and international transactions for SMBs.

Forexfix is a new fintech from Germany which helps SMB customers with their international transactions.

We have developed the first version of this product together with one of our pilot customers, and would love some feedback from you guys on our https://demo.forexfix.com

Around the web

Reviews

Monica Zaldivar
 

Discussion

You need to become a Contributor to join the discussion - Find out how.
Geeshan Willink
Geeshan WillinkMakerHiring@geeshanwillink · likes making stuff
Hello everyone! Forexfix is a new fintech from Germany which helps SMB customers with their international transactions. We aim to become the go-to platform for international trade payments. The problem we are solving is that SMB companies often face the issue that months can pass between an agreed deal and the payment date. During this time the exchange rates change, and the transaction in the foreign currency can become much more costly in the domestic currency. Hedging products from traditional banks are very complex and only accessible for very large transactions. In addition, banks charge very high and intransparent fees for the transaction itself. Right now we offer two services: a) guaranteed currency exchange rates for future transactions b) easy low-cost transactions through a simple web application We have developed the first version of this product together with one of our pilot customers, and would love some feedback from you guys on our https://demo.forexfix.com! Thanks so much.