FourEx

Fourex London launch disrupts the FinTech industry

Pitch 2 Rich winners Jeff Paterson and Oliver du Toit with their very own Fourex branded Virgin train
Pitch 2 Rich winners Jeff Paterson and Oliver du Toit with their very own Fourex branded Virgin train

Virgin Media Business reports on the latest news from Pitch 2 Rich winners Fourex

 

MONEY EXCHANGE SPECIALIST FOUREX LAUNCHES IN LONDON THIS MONTH, BRINGING BACK VALUE TO WORTHLESS CURRENCY. CELEBRATING THIS MILESTONE, CO-FOUNDERS OLIVER DU TOIT AND JEFF PATTERSON WELCOMED INVESTORS AND MEDIA TO TRY ITS MONEY EXCHANGE KIOSKS AT A LAUNCH PARTY IN SOUTHWARK BEFORE THEY ARE OFFICIALLY UNVEILED ACROSS THE COUNTRY.
 
CURRENCY EXCHANGE ON STEROIDS
 
HAVING SPENT TWO YEARS DEVELOPING AN ANSWER TO AN EVERYDAY CONSUMER PROBLEM, OLIVER DU TOIT AND JEFF PATTERSON WERE CROWNED WINNERS OF THE PITCH TO RICH COMPETITION'S ‘NEW THINGS' CATEGORY IN JUNE THIS YEAR, BEATING OVER 2,500 ENTREPRENEUR ENTRANTS TO WALK AWAY WITH THE TOP SPOT. THEY WOWED THE JUDGES WITH FOUREX, A MACHINE WHICH IS SET TO TRANSFORM THE WAY THE UK EXCHANGES MONEY.
THEIR KIOSKS ACCEPT UNSORTED COINS AND NOTES (THAT ARE BOTH IN AND OUT OF CIRCULATION) FROM OVER 150 CURRENCIES, AND CONVERT THEIR VALUE INTO BRITISH POUNDS, EUROS, OR US DOLLARS.
 
WINNERS: 100 DAYS LATER
 
THE PAIR SPENT THE FIRST 100 DAYS GETTING THE MANUFACTURING RIGHT, AHEAD OF THE LAUNCH IN SELECTED TFL TUBE STATIONS INCLUDING LONDON KINGS’ CROSS, BLACKFRIARS AND CANARY WHARF. THE KIOSKS WILL ALSO LAUNCH AT WESTFIELD STRATFORD. IN DUE COURSE, THEIR KENT-BASED FACTORY IS EXPECTED TO ROLL OUT A KIOSK A DAY AND EMPLOY 77 PEOPLE.
 
RESHAPING THE WAY PEOPLE GIVE
 
JUST LIKE BRANSON, WHO HAS IMPARTED HIS WISDOM AND BACKING TO THE WINNERS, FOUREX IS IN THE GAME OF GIVING. JEFF AND OLIVER’S KIOSKS GIVE CUSTOMERS THE CHOICE TO DONATE PART OR ALL THEIR EXCHANGE TO SIX CHARITIES: UNICEF, THE RAILWAY CHILDREN, THE GUIDE DOGS FOR THE BLIND ASSOCIATION, THE LONDON TRANSPORT MUSEUM, ELLENORLIONS HOSPICES AND THE UK STROKE ASSOCIATION.
 
 
UK AND BEYOND
 
TALKING ABOUT REACHING THE 100 DAY MILESTONE, JEFF SAID, “IT’S BEEN AN UNBELIEVABLE JOURNEY FOR US. THIS YEAR WE ARE ROLLING OUT ACROSS LONDON AND THEN NATIONWIDE. THE EXPOSURE WE GOT FROM WINNING ALSO LED TO ENQUIRIES FROM RUSSIA, SAUDI ARABIA, JAPAN AND IRELAND.”
PETER KELLY, MANAGING DIRECTOR, VIRGIN MEDIA BUSINESS SAID: “FOUREX HAS INGENIOUSLY SOLVED A PROBLEM EVERY PERSON WHO HAS TRAVELLED ABROAD HAS EXPERIENCED. IT’S THIS SIMPLE ANTIDOTE TO AN EVERYDAY ANNOYANCE WHICH SAW THEM CROWNED WINNERS OF OUR PITCH TO RICH COMPETITION, AND THE LONDON UNDERGROUND, WHO WE HAVE PARTNERED WITH SINCE 2012 TO PROVIDE WIFI AT OVER 150 TUBE STATIONS, IS THE IDEAL HOME FOR THEM.”
 
FOLLOW @FOUREXUK TO FIND YOUR LOCAL KIOSK.
 
YOU CAN FIND OUT WHAT ALL OUR PITCH TO RICH WINNERS HAVE BEEN UP TO BY WATCHING THIS SHORT FILM ‘100 DAYS OF #VOOM’. AND, AS EVER, FOLLOW US ON TWITTER  AND LINKEDIN  TO KEEP UP TO DATE ON ALL THE LATEST PITCH TO RICH NEWS.
 

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Pitch 2 Rich winners Jeff Paterson and Oliver du Toit with their very own Fourex branded Virgin train
Pitch 2 Rich winners Jeff Paterson and Oliver du Toit with their very own Fourex branded Virgin train