Foreign Exchange | Case Studies

Foreign Exchange for Business Growth with Finductive, Malta

Established in 2018, Finductive Ltd is a regulated, EU-licensed financial institution based and supervised in Malta, that provides a modern-day solution for payments within Malta and abroad. Having global clients using their payment services daily, it is essential for Finductive to operate and process their payments efficiently around the world, as well as being able to offer foreign currencies.

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Always expand your business. And help customers reach across the globe.

Challenge
Access to foreign currencies

Solution
Foreign Exchange function

Result
Steady business growth


The Challenge:    Access to Foreign Currencies

Established in 2018, Finductive Ltd is a regulated, EU-licensed financial institution based and supervised in Malta, that provides a modern-day solution for payments within Malta and abroad.

Finductive offers a streamlined payment solution to mostly corporate clients through online payment accounts with multiple logins, foreign currency accounts, mass payments and a dedicated IBAN. Having global clients using their payment services daily, it is essential for Finductive to operate and process their payments efficiently around the world, as well as being able to offer foreign currencies.

"As our clients are international, it was imperative to be able to provide clients with a function on our online banking platform where they could send and receive multiple currencies and exchange as and when needed. Without Western Union Business Solutions, we were not in a position to provide this service” says Julian Goffin, Director & Chief Executive Officer at Finductive.

The Solution:   Foreign Exchange Function

The biggest immediate benefit that the Western Union Business Solutions offered to Finductive, was the foreign exchange function which provides access to over 130 different currencies worldwide. The extensive global network and wide currency reach of Western Union Business Solutions has become an integral part for foreign exchange solutions on Finductive’s online payment platform.

This, teamed up with a dedicated and professional Account Manager has built a strong and reliable partnership, which in turn helped Finductive to expand their business globally.


“Partnering with WUBS meant that Finductive could provide a full payments solution to its clients and enable them to have a foreign exchange facility on the online platform. To work with WUBS and know that they have a robust status in the payment’s world, gives us the confidence to instil in our clients that opening an account with Finductive will give them the best user experience when it comes to payments.” 

-- Julian Goffin, Director & Chief Executive Officer, Finductive Ltd.

The Results:  Steady Business Growth

Western Union Business Solutions has now worked with Finductive for over 2 years and became an important partner. Without Western Union Business Solutions, Finductive did not have a function on their online banking platform where customers could send and receive multiple currencies and exchange as needed.

With the help of the global network of Western Union Business Solutions, Finductive was able to provide payment solutions to their clients internationally, in turn helping the business to experience exponential growth in the past 2 years, both in terms of their portfolio of clients, team, and office.


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