Brexit - the fall out begins

Posted on the 19th August 2016 by Hamish Anderson in Founders' blog

Brexit - the fall out beginsThe formal Brexit process hasn’t even started, but we’re already feeling the impact of the referendum result.  Sterling has depreciated by more than 10% against the major currencies and hit its lowest level against the USD for almost 30 years.

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If it’s not transparent, it’s not fintech!

Posted on the 31st May 2016 by Hamish Anderson in Founders' blog

If it’s not transparent, it’s not fintech!

Whenever I’m asked to talk about Money Mover’s international payments platform, cutting costs is normally the last thing that I mention. Why? Because telling a small business that you’re going to charge them less is easy, but without knowledge and information it’s really hard for the SME to know whether they’re actually getting a better deal or not.

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Innovation and competition in financial technology - Fintech: promoting innovation

Posted on the 29th March 2016 by Hamish Anderson in Founders' blog

Innovation and competition in financial technology - Fintech: promoting innovation

As part of a conference on “The Impact of Competition Powers on Financial Services” I took part in a panel discussion. While the conference’s theme was predominantly legal (it was hosted by Norton Rose Fulbright and attended mostly by lawyers) the theme of my panel was  ‘Fintech: promoting innovation’.

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Forecourts and Foreign Exchange: Why businesses want FX providers that are less like petrol stations and more like discount supermarkets

Posted on the 18th September 2015 by Hamish Anderson in Founders' blog

Forecourts and Foreign Exchange: Why businesses want FX providers that are less like petrol stations and more like discount supermarkets

We all like to get the best possible price when we make a purchase. If we feel that we’re being overcharged or ripped off then, as consumers, we tend to vote with our feet.

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How our £1m funding will help us better serve underserved SMEs

Posted on the 22nd July 2015 by Hamish Anderson in Founders' blog

International business payments

Today we announced that we’ve secured £1m in investment from a group of financiers, entrepreneurs and technologists. The consortium includes former Towergate CEO and stakeholder in Funding Circle, Andy Homer, and Classic FM founder Sir Peter Michael.

Backing from such experienced private and institutional investors is a testament to the potential of Money Mover and signals the start of a new era in the company’s growth. The investment is critical if we’re truly to address the challenges that face small to medium sized businesses (SMEs) in the UK and beyond.

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The Small Business Act and how Europe is focussing on SMEs

Posted on the 16th September 2014 by Rosemary Fallows in Founders' blog

The Small Business Act for Europe (SBA) was adopted back in June 2008, although many people remain unaware of it. There is currently a public consultation to gather feedback and ideas to see how the act can be revised and improved.

The European Commission has enacted this legislation to recognise the crucial role of SMEs in the European economy. The SBA applies to all companies which meet the SME criteria.

The Small Business Act and how Europe is focussing on SMEs

European SME Week 2013 launch, Vilnius, Lithuania

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Why Cambridge?

Posted on the 29th April 2014 by Hamish Anderson in Founders' blog

Why Cambridge?- A Money Mover blog

I'm often asked why we set up Money Mover in Cambridge.

“Surely a financial services business should be in London?” people ask, “or in a country with lower taxes, or where the regulations aren’t so tough?”

There’s a basis of fact in all the above, but we considered all these things pretty carefully in the very earliest days of the company, and we tried to make choices which were true to the vision that we had for Money Mover.

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