Money Exchanger

Money Exchanger, sold as Money Exchanger Plus, is foreign exchange software made by FinTech Crowd. It is aimed at money service businesses that need an automated way to keep records and run exchange or transfer operations.

What Money Exchanger offers

• Currency exchange software — multi-currency point of sale with integrated accounting.
• Remittance software — software for money transfer businesses, with pay-out access through third parties.
• Record keeping — automated records aimed at meeting EU and FSA regulations.
• Consulting and set-up — help assessing needs, implementing and running the business afterwards.

Who it works with

Money service businesses, including exchange and money transfer firms. FinTech Crowd stresses that it is a software company only: it does not exchange, transfer or process money, and is not an FCA or HMRC regulated payment organisation.

Key facts

• Vendor: FinTech Crowd
• Pay-out reach: potentially 550 locations via a third party, depending on the customer's own agreements