Travelex has announced a new partnership with Momentum, an organisation which connects high growth tech businesses with large corporates to validate markets and open commercial opportunities.
As part of the partnership, Travelex will support Momentum in hosting quarterly evening events where start-ups will be able to showcase their products to Momentum’s network of over 300 senior industry leaders.
In addition, Momentum and start-ups within the network will host emerging tech ‘deep dives’ and business transformation sessions for corporate members, throughout the year.
Momentum works closely with start-ups and corporates to foster growth and innovation. To date, the company has worked closely with 24 start-ups and 2018 will see another 40 join the network.
Gareth Williams, chief innovation and transformation officer of Travelex, said: “We are delighted to be partnering with Momentum, an organisation which supports some of the UK’s best start-ups.
“Innovation is central to Travelex’s proposition, so we look forward to sharing insights with the rest of the Momentum network.
“As our industry continues to evolve, this is a unique opportunity for us to engage with emerging companies and remain at its technological forefront.”
Ricardo Simard, co-founder and managing director of Momentum, said: “Travelex is a world leader in the financial services industry and we're delighted to be working together to support their digital transformation activities.
“The Momentum network of B2B technology startups are at the forefront of innovation, and bring opportunities that can help future proof corporate members.
“Travelex will offer start-ups unique insight into the financial services industry that can support our network test their assumptions and validate their proposition with one of the market leaders, as well as discover potential commercial opportunities.”