Finsure finds winning payment plan with Send Payments

Mortgage aggregator Finsure has added a new service for its fast-growing broker network by joining forces with rapidly growing payments and international money transfer provider, Send Payments.

Finsure General Manager of Aggregation, Simon Bednar, said Send will be added to Finsure’s market leading customer relationship management (CRM) platform Infynity’s App store to enable its brokers and their clients the opportunity to transfer money overseas at great exchange rates and with market-leading service.

“This is another tremendous service offering for our brokers through our Infynity platform,” Bednar said. “Send can increase the value of our brokers’ product offering, providing a new financial payment service that can add an additional commission stream and potentially save clients thousands of dollars when transferring funds to or from Australia.

“As a non-bank alternative, Send can achieve significantly better exchange rates on transactions ranging from $1,000 to millions of dollars including for property sales and purchases, property deposits, inheritance transfers and pension transfers.

“Importantly, Send will enable brokers to better assist expats and non-residents in Australia and businesses with international transactions. Finsure brokers will have a direct relationship with a partnership manager they can speak to about any of their clients’ requirements.”

Queensland-based Send was founded in 2018 by Paul Billing and Ian Cragg to find customers a better deal for their foreign exchange needs and has grown quickly over the past three years.

Paul Billing said on the partnership, “We are extremely excited and proud to play a part in helping Finsure’s broker network offer their clients a better deal on FX. Integrating into their exciting broker platform, Infynity, means we are putting an amazing value proposition front of mind for Finsure’s end customers when it matters. This is everything Send is about; helping amazing brands like Finsure bolster their product offering with best-in-class value.”

Send is ASIC and AUSTRAC regulated and has a range of offerings including fee-free transactions, same day transactions and personal account management, while also providing a 24/7 multi-currency payments platform and regular market updates.