Peer-to-peer (P2P) FX providers have struggled to convince corporates to cut their ties with banks they have lending or other corporate finance relationships, despite the promise of lower charges.
A number of providers have given up and changed their business model.
So, there is inevitable curiosity when a new entrant hits the market – especially one whose founder admits that P2P matching in FX has been attempted numerous times during the past decade with little or no success.
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