FxPro Partners with Currencycloud for New Business BnkPro

FxPro, a global Retail FX and CFDs broker, announced that it has partnered with British cross-border payments provider Currencycloud, as part of a new offer of flexible and convenient e-money solutions in the form of its new business – BnkPro.

BnkPro will offer the mass affluent segment of the market the ability to access private banking-like services through a simple and intuitive app. This app will enable customers to create a multi-currency digital wallet and request a Mastercard debit card. BnkPro customers can make payments using domestic and international facilities, transfer money between their multi-currency accounts, trade and invest in securities and more.

The integration of Currencycloud into FxPro's offering expands its geographic reach and provides it with access to a number of new local, and international payment rails and schemes that will make it easier and quicker for customers to send, receive and hold funds in multiple currencies.

Charalambos Psimolophitis, CEO of FxPro Group, commented: "FxPro Group and our brands have always strived for constant technological innovation, and this integration is another step towards us offering the complete financial services package, facilitating global transfers and multi-currency accounts alongside robust digital investment services. There is no doubt that the partnership with Currencycloud will enable us to reach our goals, provide a top-quality professional product and firmly establish BnkPro Ltd as a leader in this market."

Nick Cheetham, Chief Revenue Officer at Currencycloud commented: "FxPro is a globally renowned broker and we are excited to work with them on this new endeavor which will maximize our Currencycloud Spark solution and allow their customers to pay, receive and hold multiple currencies simultaneously, exchanging currencies when it suits them. Alongside their trading platform, this partnership will be a real value for their customers."

Fazzaco reported that last month FxPro launched 24/7 trading CFD on cryptocurrencies​, enabling traders to manage their crypto positions on weekends.