Moneytrans is a Belgian Fintech active for more than 25 years in low-cost currency exchange and more than 15 years in low-cost international money transfer.
Moneytrans employs 380+ staff across seven European and 2 African countries with additional presence in Portugal, Angola and Rwanda through exclusive master agent relationships.
Moneytrans has set up a highly scalable technology platform, supported by a proprietary network, with strong organic growth and margin expansion. They have established a strong brand through longstanding relationships with their clients, agents and partners within a highly regulated market with high barriers to entry.
Moneytrans is about to launch a unique set of financial services tailor-made for migrant workers and travellers including a Mastercard debit card linked to a full-fledged IBAN account.
In order to further develop its core money transfer activities, Moneytrans was looking for an additional working capital facility of
5.000.000 € - 5 years
In order to further develop its core money transfer activities, Moneytrans was looking for an additional working capital facility of 5 million €. In 2 months, PrivateLending was able to trigger significant interest amongst its base of lenders and raise 5 million €.
Jeremy De Smet, CEO of Moneytrans
Moneytrans was the first low cost money transfer company in Europe.
(consolidated turnover : 25m€)
Amaury de Cordes,
CEO of SAPIM,
Belgian industrial group producing bicycle components (turnover : 40m€)
