Greenbackers Investment Capital and Xe announce a new partnership introducing a global payments provider with 30 years of experience and expertise moving money around the world to our Cleantech community of ventures and funds.
Xe is a trusted global payments provider with 30 years of experience and expertise in moving money around the world. Every year, thousands of businesses rely on us for information about the currency markets, seek our advice on managing their foreign exchange risk, and trust us with their business-critical international payments.
This partnership will enable Greenbackers’ cleantech start-ups to access the Euronet Worldwide Inc. (EEFT) partnership (NASDAQ listed (EEFT) carrying an investment grade credit rating), a global provider of electronic and transaction processing solutions and to benefit from Xe’s skill set in safeguarding profit margins and improving cash flow by quantifying the FX risk you face and implementing unique strategies to mitigate it.
Lewis Parson, Senior FX Risk Management Advisor at Xe says: “We are thrilled to be part of the Greenbackers ecosystem supporting pioneering people and businesses with highly competitive FX and international payment solutions. Whether start up, scale up, or growth the next generation of green energy technology deserves a strong foundation, and that is what you get with Greenbackers”.
Robert Hokin, Managing Partner and Founder at Greenbackers commented: “Many cleantech startups seek and secure investment, contracts, supply chain and partners in different jurisdictions and quickly need to get up to speed with the risks and rewards of a strategic, informed approach to handling the inevitable transfer of funds that comes with these processes. We are delighted to be partnering with Xe, who has the background, size, skill sets and reputation required to service this need. Look out for the Xe weekly updates on the fx marketplaces and for periodic webinars on matters pertaining to this important aspect of doing business and growing businesses in the interlinked financial world”.
Click here for more information and to contact either Xe or Greenbackers
