- Equals Money to Power Chorus TM:
- Equals Money, a subsidiary of UK-based paytech Equals Group, has been selected to power Chorus TM, a new financial management platform for the music industry.
- Chorus TM Platform Features:
- Crafted by entertainment industry veterans Freddy Greenish and Simon Liddell, Chorus TM will provide entertainment managers with real-time spending reporting, optimized reconciliation processes, foreign exchange management strategies, and domestic and international payment capabilities.
- The platform will include a new app and online platform, named multi-currency IBAN accounts, a multi-currency Chorus TM Mastercard enabling spending in 20 different currencies, and integrations with accounting software Xero.
- Equals Group’s Collaboration:
- James Simcox, Equals Group’s chief product officer, and international MD, highlights the collaboration as a natural progression for Equals Money, which has built a strong presence in the international film and TV industries with its B2B financial management software.
- Founders’ Background:
- Before founding Chorus TM, Freddy Greenish and Simon Liddell led the entertainment and music units at spend management platform Centtrip, serving a client base of over 1,000
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
You May Also Like
FinTech
One in Seven UK High Street Shops Adopt Cashless Payments
New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...
FinTech
Morgan Stanley to Cut 2,500 Staff Across Divisions
The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...
FinTech
Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position
The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...
FinTech
Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex
The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...