International fintech and payments group, moneycorp, have announced a new partnership with MHA, one of the UK’s top twelve accountancy networks.
The partnership will see the world-leading global payments experts provide insight and guidance to another top accountancy firm, supporting clients in developing their currency risk management strategy whilst bolstering international business growth.
This partnership sees moneycorp emerging as the accounting industry’s expert of choice, as it partners with its second accountancy firm in the UK’s top twelve, in addition to multiple firms listed in the top 40. The partnership will give MHA clients access to moneycorp’s expertise by providing individual support with their international payment needs, as well as guidance on currency risk management strategies.
Covid-19 and Brexit have had a significant impact on the accounting industry with many accountants being placed under pressure from clients to provide efficient and speedy advice. This support is essential for entrepreneurs and corporations alike, who turn to MHA for support around importing or exporting goods, or seeking tax advice when purchasing properties abroad. For many businesses who trade internationally, the impact of Covid-19 has left the market outlook very uncertain. This collaboration allows moneycorp to bolster MHA’s client offering, with a personal and seamless service that helps to mitigate the risks of currency volatility, and ultimately look to save clients time and protect their bottom line the process.
As we emerge from the pandemic, the ongoing partnership will give MHA clients access to a “one-stop-shop”, helping them through the peaks and troughs ahead, through access to a variety of experts, with one-on-one consultations, individual international payments and foreign exchange support, offering insight into financial operation best practice.
Lee McDarby, CEO of UK International Payments at moneycorp, said: “We are delighted to announce our partnership with MHA, and to support companies and entrepreneurs across the UK. Now, more than ever, it’s vital that businesses have an expert in their corner to help navigate the landscape of unforeseen currency volatility, empowering them to embrace the opportunities of doing business globally.
“As the UK continues to emerge from lockdown, the new partnership will allow corporations, and entrepreneurs to navigate the world of international payments and risk management with confidence, and thrive in the ever-evolving business landscape.”
Rakesh Shaunak, Chairman MHA, said: “Over the last year we’ve seen companies and entrepreneurs rise and meet unparalleled challenges with forward thinking and resillience. Throughout, we’ve endeavoured to support our clients to build great relationships and specialist solutions. We believe in the power of great relationships, great conversations and great futures, values that also sit comfortably with moneycorp.
“That is why we’re pleased to embark on this new partnership. As UK businesses and entrepreneurs look to expand their global footprint, currency risk management will be an all important part of future-proofing. So, we’re delighted that now our clients can access impeccable service and a host of specialist solutions geared to the evolving international landscape all under one roof.”