Foreign exchange firm moneycorp is opening its first office in Scotland.
The moneycorp team in Edinburgh will be led by Niall Handy who has been appointed head of sales for Scotland and Northern Ireland.
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Handy, who was previously at Barclays, has over 17 years of corporate and investment banking experience. The office will create seven jobs in Edinburgh.
The business aims to tap in to the vibrant financial services sector in Edinburgh that often has to depend on London based providers.
Lee McDarby, corporate IP managing director at moneycorp, said: “This is a very exciting development for moneycorp and its clients, as we bring our specialist expertise to the city of Edinburgh for businesses across Scotland.
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"We’re planning for growth and are already recruiting for talented people who are keen for a career in the personal delivery of money transfer services for businesses.”
Demand for international payments and transfers has grown in an increasingly global market. In 2018 the company’s volume of foreign exchange trading worldwide surpassed the previous year by £2.3 billion.
