Posted by Cognito on Tue, Sep 17 2013

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CurrencyFair appoints Cognito for strategic media relations across the UK and Australia

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LONDON, 17 September, 2013, Cognito, the specialist integrated communications consultancy for the financial services industry, today announced that it has been appointed by CurrencyFair, a peer-to-peer currency exchange, to manage its media relations in the UK and AustraliaThe world's first peer-to-peer foreign exchange marketplace, CurrencyFair helps customers exchange funds and transfer them overseas at a fraction of the cost of traditional banks or brokers. Widely used by expatriates working or living abroad and individuals running a business or purchasing property overseas, CurrencyFair has saved its customers £15million since the company was founded in 2010.

Andrew Marshall, UK MD, Cognito says: “Peer-to-peer exchanges are on the rise as customers seek to take control of their finances and get more for their money. CurrencyFair is providing people with the opportunity to change the way they do business by bringing them together in their own marketplace and cutting out the middle man. Cognito is excited to be working with CurrencyFair to raise its awareness among a wider audience in both the UK and Australia.”

The Cognito team is led by Paul Bowhay, Senior Account Manager and Bryony Scragg, Account Manager in London and Amy Mihalakis, Senior Consultant in Australia.

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