Founder and chief executive officer Riccardo Capelvenere spoke to CT about the company’s origins and the opportunities it sees in the embedded finance space.
A recently published report highlights the importance of quantifying currency exposure and minimising foreign exchange (FX) risk for corporate treasurers.
The more complicated functions within risk management - namely hedging FX - have traditionally required deep relationships with bankers. But this is no longer the case, says one fintech bringing hedging to SMEs.
While recent downward pressure on the Hong Kong currency might show the increasing influence of China, the Hong Kong dollar peg is simply too useful to change.
Standard Chartered and the International Finance Corporation (IFC) have traded the first offshore USD/CNH cross currency basis swap (CCS) referencing Loan Prime Rate (LPR) and LIBOR.
