London-based fintech foreign exchange provider Privalgo is delighted to announce a strategic partnership with Prestige Property Group (PPG), a leading real estate company specialising in overseas purchases. Managing currency risk is an integral factor in overseas property transactions and Privalgo’s cutting-edge technology and excellent service will ensure PPG’s client group will enjoy the best FX rates delivered seamlessly and hassle-free.
Buyers of overseas properties have traditionally used banks that typically charge between three and five per cent on transactions or digital platforms that provide a limited personal service. With increased volatility in currency markets, fluctuations between exchange and completion can lead to higher costs. Privalgo’s approach aims to put the control back in the hands of the client by providing tools, knowledge and transparent pricing. With both companies committed to harnessing technology with a supportive and personal service, the synergy between PPG and Privalgo will provide a frictionless service to overseas property buyers.
Says Privalgo MD Daniel Biggs: “We are relishing the opportunity to partner with Prestige Property Group, providing their clients with our full range of currency transfer services. It’s always a pleasure to work alongside like-minded organisations that put understanding their clients needs first.”
Says Prestige Property Group CEO Mike Braunholtz: “We are extremely excited to partner with a company such as Privalgo. By leveraging technology and superior customer service to provide further value to our offering, we are continuing to adapt to the fast growth of market changes, in an industry that has been notoriously slow to do so.”