First Global Adds Global Foreign Exchange Partnership and Appoints IR Firm

First Global (TSXV:FGD) has announced it has partnered with The Money Cloud to add global foreign exchange comparison and purchasing services.
As quoted in the press release:

TMC considers itself the “Trivago of FX”, currently providing FX comparisons between companies. TMC will integrate to the Company’s mobile wallet to provide foreign exchange services to 140 countries. TMC will also promote the Company’s mobile wallet and payment services to TMC clients across Europe.
Foreign Exchange is by volume the largest market in the world. According to the Bank for International Settlements, deliverable foreign exchange is in the region of $177 trillion per annum (2015).
“We are delighted to announce this partnership with First Global Data, one of the most respected and innovative mobile and cross border payments company’s out there. Using our extensive network, we are extremely confident we can help First Global Data to establish a significant footprint across Europe, and are equally pleased that FGD will be using our comparison engine, to help cement their status as a best-in-class provider of international payments services.”, says Emmanuel Addy, Money Cloud CEO.
Andre Itwaru, Chairman and CEO of First Global comments, “Global FX capabilities is a key enabler to achieving our vision of becoming one of the world’s first portable, interoperable mobile wallets. FX is an integral part of cross border remittances and payments. By integrating The Money Cloud services into our mobile wallet, consumers will have the ability to source and purchase FX at the best rates available”.

Click here to read the full press release.