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Earthport eyes expansion in Asia, says chief executive

Global payments company Earthport (LON:EPO) is making an “expanded focus” into Asia, according to chief executive Hank Uberoi.

The firm, which already has relationships with large global banks including HSBC (LON:HSBA), Bank of America, Standard Chartered (LON:STAN), Japan Post Bank, has “many, many more in the pipeline”, he added.

The company’s technology allows clients to transfer money to anywhere in the world and into the local currency at a price point that no bank can match and at a significantly lower cost to the consumer.

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