Any company that is nominated for two prestigious industry awards in its first year of trading is clearly creating an impression.

Foreign Exchange specialists Privalgo have been nominated in the categories of Best Business Application and Product of the Year (SME) at the upcoming computing Technology Product Awards 2019.

Privalgo have only been operating and live since late 2018, so to be nominated alongside Oracle NetSuite, infinity and Zoho represents a significant validation of the company’s unique approach to FX.

Established by a group of foreign exchange experts, London-based Privalgo combines client relationships and innovation with state-of-the-art fintech, great service and a commitment to transparency that includes no hidden fees or charges.

In its first year of trading, Privalgo has expanded to a team of 26 personnel and has transacted in excess of £400m for its corporate and private clients.

Says Privalgo Co-founder and Technology Director Richard Chunn: “It is an honour to be nominated for two awards alongside industry-leading international names such as Oracle, in our first year of business. When we started Privalgo, our mission was to heavily invest in technology, as we identified a gap in the industry for an FX provider to couple market-leading customer service, with a first-class digital offering. These acknowledgments represent another step in the right direction to achieving our goals and we are extremely proud.”

computing’s Technology Product Awards aim to recognise the very best of the UK’s technology industry, from the most innovative and compelling products and vendors, through to the top use cases from end-user firms.

The Technology Product Awards recognise the very best in technology talent. Awards range from focusing on security and cloud computing to business software and infrastructure, as well as showcasing the movers and shakers – the innovative technology heroes and projects that deserve industry-wide praise.