London, May 15th

Medifinance, the Intelligent Financial Lender for Healthcare Professionals, and The Money Cloud, an award-winning provider of international money transfer price comparison, are delighted to have agreed a partnership to supply medical professionals with a real-time, sophisticated and reliable overseas money transfer solution.

Medifinance have been helping healthcare professionals build, protect and enjoy their wealth for over 20 years. The company prides itself on its ability to understand every aspect of its customers personal and professional needs, from starting out in a new business venture, to planning for retirement, providing tailored financial packages that help increase their client’s wealth, and secure their futures in the industry.

From its best-in-class portfolio of financial solutions, Medifinance creates a bespoke financial service driven by clients preferred rates and terms, providing a high level of predictability and peace of mind, whilst guaranteeing an independent viewpoint and continuing an ongoing relationship via a consultancy team that ensures Medifinance customers are always one step ahead when it comes to their finances.

The Money Cloud was founded in 2014 by Emmanuel Addy and Huw Jenkins. They created the first international money transfer price comparison site and have used their experience to build a digital platform with transactional capability. An award-winning site that compares the prices of a handpicked selection of best-in-class authorised and regulated brokers, enabling customers to quickly discover the best deal available for their overseas money transfer needs.

The Money Cloud goes a stage beyond most comparison sites, providing detailed analysis of every deal and in-depth research and analysis into every broker attached to the platform. In 2018, The Money Cloud introduced it’s “Digital Dashboard”, a portal where customers can store personal details securely, review all of their money transfer activity, and receive live pricing feeds directly from brokers thanks to advanced API-driven technology made possible by the introduction of PSD2, the second Europe-wide set of payments regulations, introduced in January 2018.

A clear leader in its field, The Money Cloud represents a perfect partner for Medfinance, who will now be able to provide quick, easy and cost-effective personal and business international money transfers for their client base. Using The Money Cloud’s transparent comparison engine, Medifinance can deliver the best exchange rates, up to 85% less fees compared to using a bank, real time FX pricing and the utmost transparency and security across every step of the customer journey.

Whether moving abroad, paying school fees, paying for an overseas holiday, wedding or family gathering, or simply wanting the best rates for your travel money, Medifinance, leveraging The Money Cloud’s unique technology, can secure best-in-class transactions, from £50 up to £100m, across 168 currencies.

“We are hugely excited to be partnering with Medifinance”, commented Emmanuel Addy, Chief Commercial Officer at The Money Cloud. “The company has an outstanding reputation for looking after its clients within the medical profession, providing expert advice and securing the best available financial deals, lending terms and support for the entire lifetime of the customer relationship.”

“We look forward to assisting our first customers and sharing with them the benefit of more than a decade at the forefront of the overseas money transfer industry.”

“Medifinance are thrilled to join forces with The Money Cloud.  The opportunity that this offers our clients in the healthcare sector is huge” said Brent Sercombe, Group Sales Director at Medifinance. “The forging of our partnership could not have come at a better time as we are adding some exciting new additions to the Medifinance portfolio. The integration of The Money Cloud’s digital platform is a key component of our overall offering to our clients & reinforces our commitment to using technology to enhance our overall customer proposition.”