EncoreFX further expands Ontario operations with new office in Toronto tech hub

VICTORIA, British Columbia, Dec. 19, 2018 (GLOBE NEWSWIRE) -- EncoreFX (www.encorefx.com), a leading provider of foreign exchange, global payments, and risk management products for corporations, announced today that it has opened a new office in the heart of Downtown Toronto’s technology hub. The expansion comes after the successful launch of the Waterloo, Ontario location earlier this year, and marks EncoreFX’s fourth branch in Ontario.

“We wanted to be closer to our clients and the growing tech sector in Toronto,” said Rahul Deb, Director of National Accounts at EncoreFX. “Traditionally, FX companies open in the Financial District, but in order to easily coordinate with our clients, a central office in the tech hub made the most sense.” Deb is joined by Chris Walsh, transferring from EncoreFX’s Mississauga branch, and Gianluca Privitera, CIM joining from a Corporate/Institutional FX desk.

EncoreFX is a global leader in cross-border payments and risk management solutions for corporations, which started operations in Canada in 2015 and has quickly grown to the largest full service Canadian non-bank provider. EncoreFX helps over 2,500 clients make foreign currency payments and manage their foreign exchange risk. Since 2015, EncoreFX has processed over $11 Billion in transactions on behalf of its customers

About EncoreFX Inc.
EncoreFX Inc., combined with its subsidiaries, is a foreign exchange, risk management and international payments company headquartered in Victoria, BC, Canada, with a team of experienced professionals operating across Canada, New Zealand, Australia, and parts of the United States. EncoreFX provides customized access to services such as spot foreign exchange, international payments, and risk management strategies including forward contracts and currency options. For more information, visit www.encorefx.com.

Media contact:
Mallory McCredie