Real-Time Insights And Easy Navigation to Empower Better Business Decision Making For Australian Companies SYDNEY , June 17, 2024 /PRNewswire/ — With more than 30 years combined experience in financial services, industry veterans Richard Poulton and Danny Pezeshki have joined forces with Vietnamese tech titan, VNG to launch Instantia . Providing organisations with real-time market intelligence to make smarter financial decisions, the end-to-end platform revolutionises foreign exchange by consolidating currency hedging positions into a user-friendly interface. The free mobile and desktop app offers a comprehensive suite of services, including currency options, forwards, spot FX, rate orders, and cross-border payment capabilities.
With an AFS licence and backed by VNG, the founders of ZaloPay and Zalo (a Vietnamese messaging application with 75.8 million monthly active users in 2023), Instantia is set to become the go-to solution for importers and exporters navigating the volatile fluctuations of the Australian dollar against major currencies. Drawing on the duo’s decade of top-level experience at AFEX and Poulton’s tenure at Corpay, the founders identified a significant opportunity for innovation in the sector, as CFOs were often reliant on outdated paper-based systems that failed to reflect current market data.
Launching now in 2024, the biggest election year globally on record, and with heightened geopolitical events and activity, the need for fiscal visibility and cur.
