FAIRFX Group PLC FairFX Group plc Partners with VizEat
31 August 2016 - 4:01PM
RNS Non-Regulatory
TIDMFFX
FAIRFX Group PLC
31 August 2016
FairFX Group plc Partners with VizEat
("FairFX" or "the Company")
FairFX, the FinTech low-cost currency provider, is excited to be
partnering with VizEat, Europe's largest social dining network. The
agreement follows a significant list of other recent complementary
deals between FairFX and leading business and organisations.
With both companies focused on making sure their customers get
more out of their holiday experience, the new partnership will
benefit customers of both FairFX and VizEat. The agreement is
designed to offer customers access to unique travel experiences
while getting the best value for money when they are overseas.
Aligning with FairFX's core values, VizEat customers can benefit
from preferential exchange rates, FairFX prepaid currency card
offers and travel money expertise.
Since being founded in 2014, VizEat has 90,000 members from more
than 100 countries; the number of food experiences it offers has
grown by 50% every month and its website is now available in
English, French, Italian, Spanish and German.
The agreement offers customers a discount to enjoy an authentic
culinary experience with local hosts, such as a shared meal, a food
tour or a cooking class. The customer experience will also be
improved through shared tips and advice for all aspects of their
holiday.
Ian Strafford-Taylor, CEO of FairFX, said: "The new partnership
will appeal to consumers who actively seek out authentic travel
experiences and adds to our growing list of benefits offered to our
customers. VizEat helps people to quickly weed out the tourist
traps - the inauthentic, expensive restaurants invariably located
in tourist hotspots. We're excited to give our customers access to
unforgettable and authentic travel moments through this partnership
while at the same time introducing new customers to the cost-saving
benefits and convenience of a prepaid currency card."
VizEat co-founder Jean-Michel Petit said: "We are delighted to
partner with FairFX. We believe that the dining table is the
original social network and VizEat connects travellers with
authentic culinary experiences. By working with FairFX we're able
to offer more travellers the opportunity to make the most of their
holidays by meeting and eating with locals, facilitating new
friendships and creating lasting memories."
-ENDS-
FairFX Group plc
Ian Strafford-Taylor,
CEO +44 (0) 20 7778 9308
Yellow Jersey PR
Charles Goodwin +44 (0) 7747 788 221
Aidan Stanley +44 (0) 7584 085 670
About FairFX
FairFX is a leading international payment services provider,
incorporated in the UK in 2005. The Company has developed a
cloud-based peer-to-peer payments platform that enables personal
and business customers to make easy, low-cost multi-currency
payments in a broad range of currencies and across a range of FX
products all via one integrated system. The FairFX platform
facilitates payments either direct to Bank Accounts or at 30
million merchants and over 1 million ATM's in a broad range of
countries globally via Mobile apps, the Internet, SMS, wire
transfer and MasterCard/VISA debit cards.
FairFX operates within the rapidly growing online multi-currency
payments market and provides transactional services to both
personal and business customers through four channels being
Currency Cards, Physical Currency, FairPay and Dealing. The
Currency Card and Physical Currency offerings facilitate multiple
overseas payments at points of sale and ATM's whereas the FairPay
and Dealing products support wire transfer foreign exchange
transactions direct to Bank Accounts.
For Corporates, FairFX has a market-leading business-expenses
solution based around its corporate prepaid card allied to a
platform allowing the Corporate to better control expenses and
improve transparency whilst removing administrative burdens from
staff.
In addition, FairFX has entered into a number of "white-label"
arrangements for the use of its P2P matching platform. Customers
include easyjet, ThinkMoney and Pitney Bowes. FairFX has also
partnered with Concur Technologies, Inc. a leading provider of
integrated travel and expense management solutions with over 25
million users globally. Such relationships provide strong support
for FairFX's customer acquisition strategy.
www.fairfx.com
About VizEat
VizEat is the leading social dining platform in Europe which
connects travellers and local hosts around an authentic culinary
experience at their home. It is a unique way to exchange with
people from all around the world and to discover new cultures
around food. For more information, visit http://www.vizeat.com/
VizEat was founded in early 2014 in France and raised EUR1m in a
seed funding round led by UK-based Eurovestech Plc; in February
2015 it acquired Paris-based pioneer Cookening, effectively
becoming the European leader in the growing culinary experience
sharing space. Today VizEat has 90,000 members from more than 100
countries; the number of food experiences it offers has grown by
50% every month and its website is now available in English,
French, Italian, Spanish and German.
A mobile app for VizEat is available now for download for
iOS.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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