This Cosmetics Brand Lost Thousands in FX Every Month, Until They Took Control with SimpelFin

A growing European cosmetics brand was scaling in the UK, US, and Australia. Their global success came with one big hidden cost: currency conversion.

💰 The hidden drain: Their payment provider charged high FX margins and fees with every conversion.

The result:

• Up to €10,000 per month lost in FX spread
• No control over timing or rates
• Inconsistent profit margins by region

SimpelFin Currency Conversion to the Rescue

They started converting revenue via SimpelFin at live market rates, with auto-conversion tools when rates were ideal.

✅ Gains:

• 60–80% savings on FX costs
• Predictable profit margins across countries
• Reinvested savings into marketing and product dev

Now, FX is no longer a black hole, it’s a strategic tool.