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Main Activities

The primary activity of Equals Money is to provide financial management and payment solutions for businesses. The company offers a platform that enables managing business expenses, making international payments, controlling corporate cards and automating the management of financial flows. Its products include prepaid payment cards, expense management tools, foreign exchange and multi-currency payment services, as well as accounting integration solutions. Equals Money primarily serves companies of all sizes seeking to optimize their payment management, simplify their teams’ expense management and carry out international transactions efficiently and securely.

History

History and key milestones in the development of Equals Money

Equals Money is a British company specializing in expense management and international payments for businesses. It is part of the Equals Group PLC, registered in England and Wales, and is authorized by the Financial Conduct Authority.

Creation and evolution
The company was founded to simplify financial management for businesses, focusing on transparency, speed, and transaction security. Over the years, Equals Money has expanded its offering to meet the growing needs of businesses in international payments, currency management, and expense control.

Products and innovations
Equals Money now offers a comprehensive range of solutions:

  • Multi-currency accounts allowing management of 38 different currencies with dedicated IBANs.
  • Expense management software to control budgets, track transactions in real time, and integrate data with platforms like Xero or Concur.
  • Business cards (prepaid, debit, virtual) to control team spending and facilitate online or on-site payments.
  • International and domestic payments, with access to over 140 currencies and connections to the SWIFT and SEPA networks.
  • Mass payment solutions, enabling up to 10,000 payments in a single operation.
  • “Banking-as-a-Service” (BaaS) offering, allowing other companies to provide customized financial services under their own brand.


Partnerships and integrations
Equals Money has established strategic partnerships, notably with Chorus TM for the music sector, and offers integrations with recognized accounting and expense management tools (Xero, SAP Concur).

Strategic changes and acquisitions
The company has recently focused on innovation, launching BaaS solutions and investing in artificial intelligence to further automate and secure financial processes. It now serves an international and diverse clientele, covering sectors such as e-commerce, audiovisual production, hospitality, manufacturing, and travel.

Impact and recognition
Equals Money is now used by more than 50,000 businesses and has been recognized for the quality of its platform (4.5/5 rating on G2). The company continues to innovate to simplify financial management for businesses and strengthen transaction security.

Team

Equals Money is part of the British group Equals Group PLC, registered in England and Wales. The official website does not explicitly mention the founder(s) or provide a detailed list of the management team on its main page or in its public sections. However, it is stated that Thanim Islam holds the position of Head of FX Analysis. To obtain the full list of executives or founders, it is recommended to consult the “Investors” section of the group (equalsplc.com) or their official LinkedIn page.

Fundraising