By Mina Martin
Finsure Group has joined forces with payments and international money transfer provider, Send Payments to provide a new service for its broker network.
Simon Bednar, Finsure general manager of aggregation, said Send will be added to Finsure’s customer relationship management (CRM) platform, Infynity’s App store, to enable its brokers and their clients to transfer money overseas at competitive exchange rates.
“Send can increase the value of our brokers’ product offering, providing a new financial payment service that can add an additional commission stream and potentially save clients thousands of dollars when transferring funds to or from Australia,” Bednar said. “As a non-bank alternative, Send can achieve significantly better exchange rates on transactions ranging from $1,000 to millions of dollars, including for property sales and purchases, property deposits, inheritance transfers, and pension transfers. Importantly, Send will enable brokers to better assist expats and non-residents in Australia and businesses with international transactions. Finsure brokers will have a direct relationship with a partnership manager they can speak to about any of their clients’ requirements.”
Queensland-based Send was founded in 2018 by Paul Billing and Ian Cragg to find customers a better deal for their foreign-exchange needs and has grown quickly over the past three years.
“We are extremely excited and proud to play a part in helping Finsure’s broker network offer their clients a better deal on FX,” Billing said. “Integrating into their exciting broker platform, Infynity, means we are putting an amazing value proposition front of mind for Finsure’s end customers when it matters. This is everything Send is about: helping amazing brands like Finsure bolster their product offering with best-in-class value.”