Australian-based payment solutions provider OFX (ASX:OFX) has announced a new global partnership with the ATP Tennis Tour. The partnership will unlock significant improvements in financial services across the ATP Tour.
OFX will provide a range of global payment solutions to ATP, including prize money payments, prize money player platform and corporate FX trading. The partnership aims to simplify payment processes, enhance data security and expedite payments for players in their preferred currency.
Daniele Sanò, Chief Business Officer of ATP said,
“Last season the ATP Tour delivered a record $230 million in compensation to players around the world. OFX’s services will help us optimize our financial operations, add value to players and create efficiencies across our global ecosystem. Our collaboration is a true application of the brand.”
OFX becomes the Official Prize Money Payment Partner of the ATP Tour, until 2027, providing the leading foreign exchange services throughout the world tour.
Josh Goines, North America Regional President of OFX added,
“We are excited to begin this journey with the ATP Tour as the Official Prize Money Payment Partner. This partnership underscores our dedication to supporting the growth of the ATP and reflects our commitment to providing seamless financial solutions to these tremendous athletes worldwide.”
Headquartered in Sydney, Australia, OFX has a significant global presence with offices in the US, Canada, UK, Ireland, New Zealand, Hong Kong and Singapore. The company has established itself as a leader in international money transfer and currency exchange, with an impressive track record of success and innovation. In addition to its partnership with the ATP, OFX has recognized sponsorships in various sports including the ITF, Irish Legends Golf Tour, United Rugby Championships and Super League Triathlon.
About ATP
The ATP’s mission is to serve tennis. As the governing body of the ATP Tour and Challenger Tour, we entertain a billion global fans, showcase the world’s best players at prestigious tournaments and inspire the next generation of the game. From the United Cup in Australia, to Europe, the Americas and Asia, the stars of the game battle for titles and PIF ATP Rankings in ATP Masters 1000, 500 and 250 and Grand Slam events. All roads lead to the Nitto ATP Finals, the prestigious season finale held in Turin, Italy. Featuring only the top 8 singles players and doubles teams of the season, the tournament crowns the year-end ATP No. 1, presented by PIF, the ultimate tennis achievement.
About OFX
Founded in 1998, OFX is a Sydney-based international financial services provider with eight offices worldwide and more than 700 employees. It offers money transfer and foreign exchange services for customers and business people in more than 50 currencies. Through its “digital + human” business model, OFX provides 24/7 customer support to complement its global digital platform.