Fintuitive
What does your organisation do?
Fintuitive help companies - ranging from start-ups to large multinationals - address challenges around operating in multiple currencies. That could be helping them access better rates of exchange on FX conversions saving them money, working with them to develop a currency hedging strategy to ensure moves in exchange rate don't harm their bottom line, or providing them with own name global currency accounts in 17 countries world wide to help them receive international payments more easily. We also offer an innovative multi bank cash management platform enabling companies to access deposit rates with over 55 UK banks to enhance yield on cash deposits and spread risk away from funds being held with one institution.
Why did you choose to build in Oxfordshire?
Fintuitive has been based in Oxford since it's inception in 2018. Founder Mark Thompson is a Saïd Business School Fintech Programme Alumni and lives in north Oxfordshire whilst co-worker Peter Lilly lives in the south of the county.
What big problem are you trying to solve?
There's no shortage of Banks, FX Brokerages and Fin Techs that will move your money across borders. What's harder to find is a company who actually understands your business — and picks up the phone when something needs sorting. That's what we do at Fintuitive. Unlike a faceless platform, we take the time to understand a companies situation, their currency exposures, their payment patterns, the FX risks they're carrying that they might not even be aware of. Then we help them do something about it. That might mean better rates on their day-to-day international payments. FX hedging to protect a large incoming payment from exchange rate movements. A multi-currency account so they stop converting currencies unnecessarily. Or just an honest conversation about whether their current setup is actually working for you.
How can you support the Oxfordshire ecosystem?
Oxford produces some of the world's most exciting companies., and from the moment a spinout signs its first licensing deal or closes a funding round, the financial complexity begins. Currency conversions, overseas payroll, international grant payments, post-raise cash sitting idle: these are challenges that arrive fast and rarely have anyone helping to manage them.
Fintuitive can help spinouts, VC-backed companies and growth businesses better manage these treasury challenges — better rates on their currency conversions, forward contracts to protect against currency movements, multi-currency accounts across 30+ currencies. We can also help companies make their cash work harder through our multi-bank savings platform, giving access to 55+ UK banks and competitive savings rates via a single onboarding — so post-raise capital earns what it should. We're a team that understands the Oxford ecosystem, speaks the language of founders and their advisors, and is five minutes away.
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Fintuitive