
A successful German e-commerce brand was scaling rapidly in the UK and Sweden. But their profit margins told a different story: something wasn’t adding up.
📉 What they discovered: They were losing thousands each month on currency conversion. Their bank charged hidden FX markups, and they had no visibility on exchange rates.
The result:
- 3–4% of revenue gone every month to bad conversion rates
- No control over when or how they converted
- Difficulty forecasting profits across markets
Enter: SimpelFin FX
Using SimpelFin’s Currency Conversion tool, they started converting earnings at real mid-market rates — instantly or automatically when rates hit their target.
✅ The impact:
- 75% lower FX costs compared to their bank
- Full visibility and control over every transaction
- Boosted net profit by €21,000 in the first quarter alone
Now, FX no longer eats into their margins, it gives them a competitive edge.
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